MIT Media Lab’s Digital Currency Initiative funded by undisclosed “gift funds” and staffed by former Bitcoin Foundation developers
Summary
The email reveals that MIT’s Media Lab used private gift money to quickly recruit core Bitcoin developers (Gavin Andresen, Wladimir van der Laan, Cory Fields) after the Bitcoin Foundation’s collapse. Gift funds were used to underwrite the Media Lab’s Digital Currency Initiative, enabling rapid hirin Core developers previously paid by the Bitcoin Foundation (Gavin Andresen, Wladimir van der Laan,
This document is from the House Oversight Committee Releases.
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