posted by
Dopefish
on Monday February 17 2014, @02:00PM
from the government-should-mind-their-own-business dept.
mattie_p writes "MIT students won a hackathon last November with a non-functioning demo of Tidbit. The concept is to replace web advertising revenue with a tiny amount of Bitcoin mining on the user's browser. Out of the blue, the students were hit by a subpoena from the New Jersey Attorney General demanding that the founders 'turn over sensitive information including source codes, hosting websites, and all of the Bitcoin wallet addresses associated with Tidbit.'
At first MIT council referred the students to legal assistance from the EFF, who quickly came to their defense. Now there is a petition going around requesting the MIT administration support the students directly. Parallels are being drawn to Aaron Swartz, possibly because one of the authors of the recent petition is Prof. Hal Ableson, although details of the two cases have very little in common.
MIT President Reif has now come out strongly in support of the students--and in favor of academic freedom from interference by government."
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(Score: 1, Informative) by Anonymous Coward on Monday February 17 2014, @07:38PM
by Anonymous Coward
on Monday February 17 2014, @07:38PM (#985)
Perhaps you are unfamiliar with PCI-DSS regulations which require QUARTERLY independent security audits by a PCI Council "qualified independent scan vendor" if you handle personally identifiable information. Otherwise, the credit card companies will cut you off. That pretty much means anyone smaller than a large business is outsourcing their payments to someone else. That itself is a can of worms.
(Score: 1, Informative) by Anonymous Coward on Monday February 17 2014, @07:38PM