U.S. Court Rejects Crypto Developer’s Safe-Harbor Lawsuit Over Non-Custodial Software
The report says a U.S. court declined a lawsuit from a crypto developer seeking legal protection for non-custodial software (tools that do not hold user funds).
Summary
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Terms & Concepts
Non-custodial software: Software that lets users control their own crypto assets without a third party holding the private keys.
Safe harbor: A legal protection that shields certain activity from enforcement or liability if defined conditions are met.