Michael Llewellyn, a blockchain technology developer, has filed a lawsuit against the U.S. Department of Justice, claiming that an excessive interpretation of money transfer laws is hindering cryptocurrency innovations. He asserts that his project Pharos, which does not manage funds, is not in violation of the laws. Llewellyn also criticizes the prosecution of developers for publishing code, considering it a violation of free speech, and demands the end of the legal pursuit.
1/18/2025 2:04:00 PM (GMT+1)
Michael Llewellyn has filed a lawsuit against the U.S. Department of Justice, accusing it of stifling innovation in the cryptocurrency space and prosecuting developers for publishing blockchain project code 👨💻
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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