Damus
tdub · 11w
Thats not what they were convicted of
Libertas Primordium profile picture
They weren't prosecuted for writing software. They hosted a service and collected a fee and they knew full well that done of the people using the service they were hosting were engaging in illegal activity. That made what they were doing a criminal enterprise. That was their mistake. Had they decentralized the use of their software and made the design decision not to collect fees they would be free men still.
1
tdub · 11w
They pleaded to conspiracy to run an unlicensed money transmitting business. FinCEN told them they did not need a license and did not have a process in place to allow non-custodial entities to get a license. Their prosecution was political and nothing they did was actually illegal under the letter...