The Bitcoin Policy Institute, the Blockchain Association, The DeFi Education Fund, and other institutions have teamed up to issue an amicus brief in defense of open-source developers who are being wrongfully prosecuted as money transmitters.

The brief argues that these devs aren’t in violation of 18 U.S.C. § 1960.

Link to full brief: https://www.defieducationfund.org/_files/ugd/84ba66_a0475d7bbcf4436a83f68e792c554b4a.pdf

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"...the Government’s strained analogies do not work even on their own terms. A USB drive receives and holds data from one device before transferring it to another. And a frying pan absorbs heat from the stove before transferring it to food."

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