In accordance with the Division of Justice, the reply is sure. The Twister Money builders didn’t simply construct an open-source piece of software program; they developed an precise enterprise facilitating transactions that the federal authorities deemed unlawful, the DOJ mentioned in each an indictment final yr and a submitting final Friday. Twister Money isn’t only a set of sensible contracts launched into the world; it’s a whole ecosystem of sensible contracts, a entrance finish, a consumer interface and expertise, and a lot extra. In pursuing this argument, the DOJ can be elevating new questions concerning the actions an entity would possibly have interaction in to be deemed a cash transmitter.
