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Consensys Aims for $3 Billion Valuation in Upcoming Funding Round
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Biden’s $2 Trillion Relief Package the Largest Stimulus Payments to-Date, Plan Showers Money on the Bureaucracy
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A Mysterious Dogecoin Address Absorbed 27% of the Supply, the Top 20 Addresses Captured 50%
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Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain sleuths believe the Chinese government may have […]
The post Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year appeared first on Bitcoin News.
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Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges
On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that Coinbase now holds 1 million BTC ($8.4 billion). Crypto […]
The post Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges appeared first on Bitcoin News.
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Scottish Novelist Andrew O’Hagan Asked to Testify in Kleiman v. Wright Lawsuit
The high profile billion dollar bitcoin lawsuit, Kleiman v. Wright, has continued into the new year. The Kleiman estate’s legal team filed for a protective order to prevent the deposition of Wright’s ex-wife on January 13, 2020. Additionally, the plaintiffs and defendants have scheduled a slew of fact and expert witness depositions for the next […]
The post Scottish Novelist Andrew O’Hagan Asked to Testify in Kleiman v. Wright Lawsuit appeared first on Bitcoin News.
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Craig Wright Attempts to ‘Reveal the Origin’ of Satoshi Nakamoto’s Name
The Kleiman v. Wright lawsuit continues following the plaintiff’s request to Judge Reinhart asking him to overrule Craig Wright’s recent objections. Wright’s council has responded in a joint discovery memorandum asking for access to data tied to David Kleiman’s 15 computers. Wright has also requested any documentation tethered to Ira Kleiman’s (Dave’s brother) real estate […]
The post Craig Wright Attempts to ‘Reveal the Origin’ of Satoshi Nakamoto’s Name appeared first on Bitcoin News.
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Kleiman Estate Asks Judge to Overrule Craig Wright’s Objections
On December 16, new court filings from the Kleiman v. Wright case show the plaintiffs have responded to Wright’s objections against the magistrate’s court order. Kleiman’s lawyer Velvel Freedman explained that Craig’s statements in court “lacked credibility,” his constant change of stories “demonstrates falsity” and Freedman claims Wright’s “trust documents are forgeries.” Also read: Plustoken […]
The post Kleiman Estate Asks Judge to Overrule Craig Wright’s Objections appeared first on Bitcoin News.
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Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report
On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in January. According to the Chainalysis research, the Ponzi scheme called Plustoken not only defrauded investors out of $3 billion but the scam “may also be driving down the price of bitcoin.” Also read: Mystery Surrounds […]
The post Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report appeared first on Bitcoin News.
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