Bootstrap: The entire Zcash development team resigns due to legal restrictions encountered while seeking external investment

According to Odaily, in response to the collective resignation of the Zcash development team, the nonprofit organization Bootstrap behind the project clarified that the governance dispute leading to the team members' departure stemmed from legal restrictions encountered when seeking external investment. Discussions have already taken place regarding "alternative structures for external investment and privatization of Zashi," and the organization is working with legal counsel to ensure that any path forward complies with U.S. nonprofit law, aligns with Zcash's long-term mission, and does not jeopardize the broader Zcash community.