Bootstrap: Zcash Development Team Resigns En Masse Due to Legal Restrictions Faced While Seeking External Investment
Svmuu News: In response to the mass departure of the Zcash development team, Bootstrap, the nonprofit organization behind the project, clarified that the governance dispute leading to the team members’ departure stemmed from legal restrictions encountered while seeking external investment. Discussions are currently underway regarding “alternative structures for external investment and the privatization of Zcash,” while the organization is working with legal counsel to ensure that any path forward complies with U.S. nonprofit laws, aligns with Zcash’s long-term mission, and does not jeopardize the broader Zcash community. (Cointelegraph)
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