Former Twitter CEO Jack Dorsey, who left the leadership of the social network in November and founded the blockchain company called Square, later renamed Block, also thought about legal protection in the event of theft and fraudulent operations against cryptocurrencies by founding the Bitcoin Legal Defense Fund.
The Found is a non-profit entity that supports the developers of the bitcoin world, providing the necessary advice in a sector that is still not very regulated, which does not enjoy much credibility on the part of investors and financial players. It intends to raise money, volunteers and professionals to build from, who are legal guardianship experts to provide affiliates. Dorsey is not the only proponent of the initiative.
Joining the fund will be free and voluntary, an opportunity for anyone interested in growing the cryptocurrency segment to be followed by lawyers and lawyers. Dorsey is joined by Alex Morcos and Martin White, two entrepreneurs already active in the digital world. The announcement was sent at 1:45 pm on Wednesday, via the Bitcoin developers mailing list, from an address that appears to belong to Jck Dorsey, Zack Voell reveals in a tweet.
