Twitter co-founder and current CEO of payment platform Block, Jack Dorsey, has created a fund to help Bitcoin developers cope with the “legal headaches” faced on the job. The nonprofit group is named the Bitcoin Legal Defense Fund.
Mr. Dorsey has always shown a keen interest in Bitcoin, with his Twitter handle reading “#bitcoin” for some time now, with $350 million worth of Bitcoin in Block’s corporate treasury. The fund will provide free legal advice and Mr. Dorsey will oversee each case and decide which cases are illegible for help.