Likely unconstitutional as it violates the 1st amendment, which has done a very good job of protecting the right to author and distribute software over the years. Clearly an unintended positive consequence, since no one who worked or voted on the Bill of Rights had a computer.

If the courts upheld the part in question, it would create a clear path to go after software authors for any crime committed by a user. Cryptocurrencies would become impossible to develop in the US. Holding authors responsible for the actions of their users basically means everyone has to stop distributing software under their real names. There would be a serious chilling effect, as most open source projects shutdown or went underground.