Financial Industry News
The credibility of Craig Wright – the Australian tech entrepreneur who controversially claims to be bitcoin’s pseudonymous inventor, Satoshi Nakamoto – has taken another blow. After a list of bitcoin addresses Wright had provided as being his holdings in an ongoing court case were briefly and “inadvertently” made public by plaintiffs on May 21, 145 […]
Continue ReadingA Florida judge said Craig Wright’s objection to handing over crucial evidence regarding billions in bitcoin left her “puzzled,” as he seemed to argue the court should “blindly accept” everything he says. District Judge Beth Bloom overruled Wright’s objections to an Order of Discovery compelling him to produce 11,000 documents for the Kleiman lawsuit, arguing […]
Continue ReadingOh what a tangled web we weave when first we practice to deceive… You got it. Craig Wright is at it again. Only this time around it’s going to be hard to talk his way out of this one. According to his official blog post yesterday, it’s a myth that Satoshi (Craig) ever posted on […]
Continue ReadingThe quest for the Bitcoin Association President continues as the law firm representing David Kleiman estate reaches out to Jimmy Nguyen on Twitter. NGUYEN KEEPS BUSY, YET CANNOT BE FOUND On Sunday, attorney Vel Freedman replied to one of Nguyen’s tweets, noting that his firm had repeatedly been unable to serve him with a subpoena […]
Continue ReadingAn unknown mining pool has assumed majority hash power on the Bitcoin SV network, creating a curious situation that raises questions as to the security of the so-called “real Bitcoin.” This situation casts even more doubt onto the legitimacy of the altcoin. UNKNOWN BITCOIN SV MINER COULD CAUSE EMERGENCY FORK The entity behind this sudden […]
Continue ReadingThe legal team representing the brother of Craig Wright’s deceased business partner greatly overclaimed on legal fees, according to the judge overseeing the case. Magistrate judge Bruce Reinhart of the federal court of the Southern District of Florida criticized the fees claimed by the attorneys representing Ira Kleiman – who is suing Wright for 50 […]
Continue ReadingThe US judge presiding over the Craig S Wright vs Kleiman case has ordered Wright to produce a list of requested documents by March 12. The latest filing on March 9 relates to Wright’s refusal to give details of how he obtained the list of Bitcoin addresses purportedly holding Satoshi’s estimated 1.1 million BTC, claiming both […]
Continue ReadingIn the latest development of the Craig Wright vs Ira Kleiman legal circus, the Plaintiff’s legal team are trying to subpoena Jimmy Nguyen for a deposition, but are having difficulty tracking the former nChain CEO down. More legal theatrics in the Craig Wright case In a case that has so many dramatic twists and turns it […]
Continue ReadingIra Kleiman’s lawyers have recently replied in support of a motion which could force Craig Wright to produce new evidence on the Tulip Trust. The Plaintiff asserts that exposing the Tulip Trust as another lie is an essential component of the lawsuit. PLAINTIFF INSISTS WRIGHT’S ARGUMENTS ARE INVALID The trust in question is believed to […]
Continue ReadingThe Australian entrepreneur who claims to be the inventor of bitcoin has suggested he might take legal action against the cryptocurrency’s developer team over claimed infringement of his intellectual property. In a blog post published last Thursday, Craig Wright said while forks of bitcoin would be allowed under the open-source MIT license under which bitcoin […]
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