A Texas court dismissed crypto developer Michael Lewellen’s lawsuit over whether his project Pharos could expose him to money transmission charges. Chief U.S. District Judge Reed O’Connor ruled that Lewellen failed to show a credible and imminent threat of prosecution, meaning the case could not proceed. The opinion cited a U.S. Department of Justice memo addressing virtual currency exchanges, mixers, and offline wallets, indicating that the court considered federal guidance when evaluating claims about software liability and enforcement risk.