The Tulip Trading suit could set a case law for open-source developers' fiduciary duty in the United Kingdom, with a trial scheduled for 2024.
Wright, owner of Tulip Trading, claimed in a 2021 lawsuit that developers involved in the open-source development of Bitcoin Core owed him a fiduciary duty in connection with his loss.
In order to recover the allegedly stolen funds, Wright is seeking a backdoor into the Bitcoin Core blockchain. Wright is also known forThe bitcoin protocol was set in stone to create a system that is stable. Bitcoin is not a Cryptocurrency. By definition, Cryptocurrencies are anonymous and untraceable. Bitcoin is pseudonymous and traceable, it is digital cash.
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