Category: Bitcoins

Bitcoin Lawsuit Heats Up With More Bonded Courier Tales

During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new developments have revealed a third party provided Craig Wright with the necessary information to unlock an encrypted file he could not access previously. Additionally, another court filing explains that Wright provided the court with a list of […]

The post Bitcoin Lawsuit Heats Up With More Bonded Courier Tales appeared first on Bitcoin News.

Continue Reading

Court Gives Craig Wright More Time to Await the Mysterious Bonded Courier

Court Gives Craig Wright More Time to Wait for the Mysterious Bonded Courier10 days after the Tulip Trust expired, new court filings have appeared in the billion-dollar Kleiman v. Wright lawsuit. One document describes the professed existence of a Tulip Trust III, which was shown to the plaintiffs on January 6, 2020. Another filing shows that Judge Beth Bloom has affirmed part of the sanctions against Craig […]

The post Court Gives Craig Wright More Time to Await the Mysterious Bonded Courier appeared first on Bitcoin News.

Continue Reading

Alleged $8B BTC Tulip Trust Expires With Tales of Bonded Couriers

Alleged Tulip Trust Worth $8B in BTC Expires With Tales of Bonded CouriersFive years ago, the crypto community became aware of an alleged contract called the Tulip Trust. The supposed contract emerged when a few tech-based news outlets published stories on two former business partners Craig Wright and David Kleiman. According to the Tulip Trust contract story, Wright and Kleiman were ostensibly part of the group that […]

The post Alleged $8B BTC Tulip Trust Expires With Tales of Bonded Couriers appeared first on Bitcoin News.

Continue Reading

23 Days Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTC

23 Days Left Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTCIn 23 days, the infamous self-proclaimed Bitcoin inventor Craig Wright will allegedly receive 1,100,111 BTC from a trust purportedly held in Seychelles. In fact, many Wright supporters and BSV proponents wholeheartedly believe Wright will “gain complete ownership of the trust,” and to a few of these individuals, the funds could be used to bring the […]

The post 23 Days Until a Bonded Courier Supposedly Delivers Keys to $8 Billion in BTC appeared first on Bitcoin News.

Continue Reading

The Silk Road Investigation: A ‘Pattern of Bad Behavior and Double Agents’

The Silk Road Investigation: A 'Pattern of Bad Behavior and Double Agents'Kathryn Haun, a general partner at U.S. venture capital firm Andreessen Horowitz, has revealed in recent interviews how she helped take down the Silk Road when she was working for the Attorney General’s office. According to her accounts, the U.S. government agency also asked her to help “start shutting down technology before it’s built.” Haun’s […]

The post The Silk Road Investigation: A ‘Pattern of Bad Behavior and Double Agents’ appeared first on Bitcoin News.

Continue Reading

Bitcoin’s Early Days: How Crypto’s Past Is Much Different Than the Present

Bitcoin's Early Days: How Crypto's Past Is Much Different Than the PresentOver the last 24 hours, cryptocurrency enthusiasts have been discussing a transaction that saw 94,000 BTC sent to an unknown wallet. The hoopla over the large transaction shows how things have changed significantly over the last decade. Back in cryptocurrency’s early days, between 2010-2012, large bitcoin transactions like this weren’t such a big deal and […]

The post Bitcoin’s Early Days: How Crypto’s Past Is Much Different Than the Present appeared first on Bitcoin News.

Continue Reading

Craig Wright to Challenge Judge’s Ruling in the Billion-Dollar Lawsuit

Billion-Dollar Lawsuit Filing Shows Craig Wright Plans to Challenge Judge's RulingCraig Wright is looking to challenge Judge Reinhart’s decision and has asked the court for an extension of time in order to dispute the August 27 ruling. Wright was recently instructed to distribute 50% of his BTC holdings allegedly mined before 2014 and intellectual property (IP) to the Kleiman estate. Wright’s legal counsel based in […]

The post Craig Wright to Challenge Judge’s Ruling in the Billion-Dollar Lawsuit appeared first on Bitcoin News.

Continue Reading

New Liberty Dollar Founder Subpoenaed in the Billion-Dollar Bitcoin Lawsuit

New Liberty Dollar Founder Subpoenaed in the Billion-Dollar Bitcoin LawsuitThe ongoing Kleiman v. Wright case saw expert testimony on Monday from the plaintiff’s cryptography specialist, alongside the defendant Craig Wright’s witness, Nchain CTO Steve Shadders. The court participants discussed parsing through 27,000 bitcoin addresses as well the Kleimans’ forensic expert finding discrepancies within specific documents and contracts between the two business partners. Moreover, it […]

The post New Liberty Dollar Founder Subpoenaed in the Billion-Dollar Bitcoin Lawsuit appeared first on Bitcoin News.

Continue Reading

‘Craig Is a Liar’ – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright

Early Adopter Calls Craig Wright a Fraud — Proves Ownership of Bitcoin Address Used in LawsuitOn May 16, an unknown person posted a signed message to social media concerning a bitcoin address that was used as evidence in the ongoing Kleiman v. Wright lawsuit. According to the message, which is verified to be the rightful owner of the address used in the Florida lawsuit, the address never belonged to “Satoshi […]

The post ‘Craig Is a Liar’ – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright appeared first on Bitcoin News.

Continue Reading

Blockchain Researchers Mock Craig Wright’s Unsealed Bitcoin Address List

Blockchain Researchers Mock Craig Wright's Unsealed Bitcoin Address ListThe ongoing lawsuit between the relatives of Dave Kleiman and Craig Wright continues to unfold as a filing has been unsealed that shows a list of addresses tied to the first 70 bitcoin blocks Wright claims to have mined. However, not long after the redacted list was unsealed, researchers at Wizsec Security studied the addresses […]

The post Blockchain Researchers Mock Craig Wright’s Unsealed Bitcoin Address List appeared first on Bitcoin News.

Continue Reading

Mt. Gox Creditors Have a Second Chance to Appeal Claim Decisions

Mt. Gox Creditors Have a Second Chance to Appeal Claim DecisionsAccording to the official Mt. Gox website, creditors of the now defunct bitcoin exchange have one last chance to dispute their claims. The civil rehabilitation trustee, Nobuaki Kobayashi, has also explained the details surrounding the court’s decision to approve or disapprove filed claims. Also read: Mt Gox CEO Mark Karpeles Found Not Guilty of Embezzlement […]

The post Mt. Gox Creditors Have a Second Chance to Appeal Claim Decisions appeared first on Bitcoin News.

Continue Reading

Broken Phone? Don’t Sweat It — Restore a Bitcoin Wallet in Minutes

Broken Phone? Don't Sweat it — Restore a Bitcoin Wallet in MinutesWith bitcoin ownership, it’s very important to back up your mnemonic seed phrase in order to restore your funds in case of an emergency. For instance, a device holding a wallet can be broken, get lost or stolen and the backup is the only way to retrieve the funds after these mishaps. The following is […]

The post Broken Phone? Don’t Sweat It — Restore a Bitcoin Wallet in Minutes appeared first on Bitcoin News.

Continue Reading

Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations

Finland's Regulatory Watchdog Plans to Supervise Localbitcoins OperationsOn Monday, the Helsinki-based peer-to-peer crypto exchange Localbitcoins announced it is adding several different identification processes in order to improve AML and KYC requirements. The move to bolster the new customer verification procedure follows Finland’s Financial Supervisory Authority (FSA) mandating supervision over exchange operations. Also read: Mineable Cryptocurrencies Are Far More Valuable Than Non-Mineable Coins […]

The post Finland’s Regulatory Watchdog Plans to Supervise Localbitcoins Operations appeared first on Bitcoin News.

Continue Reading

Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright

Jeff Garzik Subpoenaed in the Kleiman Bitcoin Lawsuit Against Craig WrightOn March 15, well-known Bitcoin developer Jeff Garzik revealed he was subpoenaed by the U.S. District Court of Southern Florida in the infamous Kleiman vs Wright bitcoin lawsuit. The Kleiman family is suing the self-proclaimed Satoshi for roughly 300,000 BTC and Garzik has been served by the court and asked to submit assorted documents and […]

The post Jeff Garzik Subpoenaed in Kleiman Bitcoin Lawsuit Against Craig Wright appeared first on Bitcoin News.

Continue Reading

Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict

Mark Karpeles Still Faces Class Allegations in the U.S. After Japan VerdictMark Karpeles, the chief executive of the now defunct bitcoin exchange Mt. Gox, has been denied a motion to stay in a class action lawsuit in the U.S. The Northern District of Illinois lawsuit originally filed by Anthony Motto and Gregory Greene accuses Karpeles of criminal conversion and fraud. Also read: Kraken Offers $100K Reward […]

The post Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict appeared first on Bitcoin News.

Continue Reading

Self-Proclaimed ‘Satoshi’ Responds to Billion-Dollar Bitcoin Lawsuit

Self-Proclaimed 'Satoshi' Responds to Billion-Dollar Bitcoin LawsuitThe man who claims to have invented Bitcoin, Craig Wright, is being sued in Florida for roughly $10 billion or 1.1 million BTC. Last December Florida district Judge Beth Bloom denied Wright’s motion to dismiss the billion-dollar lawsuit against him. Now Wright has responded to the complaints and most of his responses assert that he […]

The post Self-Proclaimed ‘Satoshi’ Responds to Billion-Dollar Bitcoin Lawsuit appeared first on Bitcoin News.

Continue Reading

Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate

Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate21 is a number that holds deep symbology to bitcoiners. In addition to denoting the total number of bitcoins, in millions, that will ever be issued, it’s inspired scores of cryptocurrency business names, websites, and merchandise designs. Despite its assumed inviolability, some members of the community are opposed to Bitcoin’s rigidly set 21 million supply. […]

The post Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate appeared first on Bitcoin News.

Continue Reading

Mt. Gox Restitution Process Frozen Due to One Man’s $16B Claim

On Jan. 31, Mt. Gox victims were enraged to hear that the founder of Coinlab, Peter Vessenes, is still causing problems for the former exchange’s rehabilitation process. According to information published by public attorney Daniel Kelman, Coinlab filed a claim for ¥1.7 trillion yen (US$16 billion) which is over and above every claimant’s filing. Also […]

The post Mt. Gox Restitution Process Frozen Due to One Man’s $16B Claim appeared first on Bitcoin News.

Continue Reading

Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed

Espinoza Ruling Reversed, Florida Appeals Court Defines Bitcoin as MoneyIn 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because bitcoin was not considered legal tender. However, a motion filed with the Florida appeals court has […]

The post Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed appeared first on Bitcoin News.

Continue Reading

Former Mt Gox CEO Reflects on Incarceration in Japan While Facing More Prison Time

Former Mt Gox CEO Reflects on Incarceration in Japan, While Facing More Prison TimeThe infamous Mark Karpeles, former CEO of the now defunct bitcoin exchange Mt Gox, appeared in an exposé interview on Monday and publicly discussed how he tolerated Japanese jail. Karpeles explained how he’s been accused of financial misconduct in a land that has a 99 percent conviction rate and he wouldn’t wish his experience on anyone. […]

The post Former Mt Gox CEO Reflects on Incarceration in Japan While Facing More Prison Time appeared first on Bitcoin News.

Continue Reading

Judge Denies Craig Wright’s Motion to Dismiss Billion-Dollar Bitcoin Lawsuit

Judge Denies Craig Wright's Motion to Dismiss Billion-Dollar Bitcoin LawsuitOn Dec. 27, court documents from the case against the Nchain chief scientist, Craig Wright, explained a large portion of his recent dismissal motions were found “not warranted” and were denied. Wright is being sued for 1.1 million BTC in a legal case in Florida that alleges he manipulated David Kleiman’s family. Also Read: Many Self-Proclaimed […]

The post Judge Denies Craig Wright’s Motion to Dismiss Billion-Dollar Bitcoin Lawsuit appeared first on Bitcoin News.

Continue Reading

Bitcoins For Secured Loans – Indian Industry Still Doubtful

Bitcoins For Secured Loans – Indian Industry, Still DoubtfulSecured loans in the digital lending space are witnessing a lot of innovations. But thinking of cryptocurrencies as collateral forms for these loans is still a big question, one full of regulatory and practical concerns. Also read: Japanese Corporation Begins Offering Loans Secured by Cryptocurrency Loans Secured Against Bitcoins If there is anything that has […]

The post Bitcoins For Secured Loans – Indian Industry Still Doubtful appeared first on Bitcoin News.

Continue Reading

A Censorship-Free Version of Bitcointalk? Developer Launches Bitcoincashtalk.org

A Censorship-Free Version of Bitcointalk? Developer Launches Bitcoincashtalk.orgOver the past few years, there’s been a big problem with cryptocurrency related forums and censorship. This week an independent and uncensored version of Bitcointalk has launched called Bitcoincashtalk.org. Also read: Critical Bug Found in Bitcoin Core Invokes the Multiple Client Argument Bitcoincashtalk.org: Another Uncensored Forum for Bitcoin Proponents to Freely Discuss and Debate This Innovative […]

The post A Censorship-Free Version of Bitcointalk? Developer Launches Bitcoincashtalk.org appeared first on Bitcoin News.

Continue Reading

Art Exhibition in France to Celebrate Bitcoin’s Tenth Birthday

Art Exhibition in France to Celebrate Bitcoin's Tenth BirthdayA group of artists hailing from across the globe will congregate in France to showcase an exhibition celebrating the upcoming tenth anniversary of Bitcoin. The art will be available for purchase using several different cryptocurrencies. Also Read: 8 Surprising Findings from New York’s Virtual Markets Integrity Initiative International Artists Congregate in France to Celebrate Upcoming Tenth […]

The post Art Exhibition in France to Celebrate Bitcoin’s Tenth Birthday appeared first on Bitcoin News.

Continue Reading

By continuing to use the site, you agree to the use of cookies. more

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close