Industry Report: Liberty Leads to Imprisonment, Wright Steps Away
Eager to catch up on the latest digital currency news? A Liberty Reserve head honcho will now serve time behind bars, and Dr. Craig Wright is backing away from claims that he’s the real Satoshi Nakamoto. These are only some of the stories you might have missed, so take a gander and get the latest scoop below: Bitcoin and alternative currency have long been labeled magnets for criminal activity. So it doesn’t help when one of its own masterminds is planted in an eight-by-nine cell for alleged money laundering. Arthur Budovsky, the co-founder of Liberty Reserve, was sentenced to 20 years in....
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Bitcoin community sleuths are already attempting to debunk the reported proof that Dr. Craig Wright is the creator of Bitcoin, the face behind the Satoshi Nakamoto moniker. Early this morning the BBC published a report about Dr. Wright, which claimed that he provided “technical proof” of his Bitcoin creator identity. Giving a demonstration in London to BBC, The Economist, and GQ, Wright “digitally signed messages using cryptographic keys created during the early days of Bitcoin’s development.” Reacting to this demonstration, The Economist Reported, “Having been named as Mr. Nakamoto once,....
Craig Steven Wright, who over the past days claimed to be the inventor of Bitcoin, has been unable to publicly prove control over any of the keys that (only) Satoshi Nakamoto should possess. While his initial blog post deceptively included a Satoshi Nakamoto signature that was always publicly available, today he announced he will not move any of “Satoshi's bitcoins.” Yet four notable men in the Bitcoin and cryptocurrency space still believe Wright is Satoshi Nakamoto, or leader of a team called “Satoshi Nakamoto” that also included the now-deceased Dave Kleiman. Bitcoin’s former lead....
The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his defense team has won on all claims except one count of conversion. According to a court reporter, Craig Wright, the man who claims to be Satoshi Nakamoto, said he was “incredibly relieved.”
Craig Wright’s Defense Wins on All Claims Except Conversion — Wright Says ‘I’m Not Going Anywhere, I’m Here for the Long Term’
After the jury was deadlocked in the Kleiman v. Wright case for days last week, the jurors came to a decision on Monday,....
The mysterious braggadocio, and ultimately debunked, ‘Bitcoin creator’ Craig Wright may not be Satoshi Nakamoto, but he is ambitious enough to be a Blockchain technology king. It appears that Wright has been working on building a patent-based Bitcoin Blockchain empire. With the banking industry becoming so enamored with Blockchain technology of late, Wright may have found a backdoor to the ego-stroking success he seeks. Will it pay off for Wright? According to information obtained by Reuters, since February Wright has filed more than 50 patent applications in Britain through....
Per a post from Ontier, the self-proclaimed inventor of Bitcoin Craig Wright filed a lawsuit against leading crypto exchanges Coinbase and Kraken. Ontier is a legal firm that represents Wright, Wright International Investments Limited (WII), and Wright International Investments UK Limited (WIIUK). Related Reading | Why Self Proclaimed Satoshi Nakamoto Craig Wright Must Pay $100M In […]