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Crypto Developers Don’t Own Duty of Care Court Rules

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Protocol developers of cryptocurrencies don’t own a special duty of care, the High Court of England has ruled.

In a case involving a claim against bitcoin core developers for failing to add a chargeback ‘feature’ to the protocol, leading to the alleged loss of assets as the claimant could no longer locate his private keys, the court found that there is no fiduciary relationship between the developers and the claimant.

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  • Source: https://www.trustnodes.com/2022/05/13/crypto-developers-dont-own-duty-of-care-court-rules

This Post was originally published on Trustnodes

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