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On Monday afternoon, Judge Beth Bloom, from the District Court of Florida, denied Craig Wright’s summary judgment and the infamous billion-dollar bitcoin lawsuit will go to trial in January. The court published a 93-page decision on the matter, as Judge Bloom detailed that “a genuine dispute of material fact exists” for a number of the […]
The post Craig Wright’s Summary Judgment Denied – Billion Dollar Bitcoin Lawsuit Heads to Trial appeared first on Bitcoin News.
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A new court filing from the Kleiman v. Wright lawsuit shows that Judge Bruce Reinhart has overruled a number of Craig Wright’s recent objections and he has ordered Wright to amend his testimony by Thursday. Moreover, Reinhart noted that Wright’s “protestations of undue burden ring hollow” and the defendant “produced forged documents in this litigation.” […]
The post Judge Gives Craig Wright New Deadline – Citing Forgery, Perjured Testimony in Court appeared first on Bitcoin News.
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In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken. Now the trial will start again and the […]
The post Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement appeared first on Bitcoin News.
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Craig 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.
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On April 28, the high profile Kleiman v. Wright lawsuit heated up when the plaintiffs alleged Craig Wright submitted forged evidence before the court. Following the recent response against Wright’s motion to dismiss the case, the plaintiffs also filed an order which demands a list of Wright’s public bitcoin addresses as of Dec. 31, 2013. […]
The post Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit appeared first on Bitcoin News.
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A leading Israeli university is suing one of its own senior staff members for allegedly creating a zero-knowledge proofs technology company based on the intellectual property the professor developed while working for the institution. Also Read: Will Belarus Be the First Country With Nuclear-Powered Bitcoin Mining? The Technion Wants a Piece of Starkware The Technion […]
The post Israeli University Sues Professor for Zero-Knowledge Proofs Technology appeared first on Bitcoin News.
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The race to file blockchain patents has accelerated lately with one specific firm, Nchain Holdings, attempting to capture hundreds of distributed ledger-related patents. According to reports, self-proclaimed Satoshi – Craig Wright – and his Nchain business claim to have filed 666 patent applications to date, capturing a gigantic portfolio of intellectual property. Also Read: Jeff […]
The post Craig ‘Satoshi’ Wright Claims to Have Filed 666 Blockchain Patents appeared first on Bitcoin News.
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On 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.
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Mastercard has patented a method to manage cryptocurrency “fractional reserves”. The big idea behind it seems to be that users will be able to pay with fiat on credit cards partly backed by crypto assets using a centralized system offering faster transaction conformation speeds. Also Read: IBM Backs the Development of Latest New Stablecoin, Stronghold […]
The post Mastercard Patents a Method to Manage Cryptocurrency “Fractional Reserves” appeared first on Bitcoin News.
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The blockchain technologies research and development firm, Nchain, has acquired three new patents that have been issued by the European Patent Office. The company’s latest intellectual property invented by Nchain’s chief scientist, Dr. Craig Wright, cover “digital rights management using blockchain.” Also read: Mainstream Media Claims Bitcoin Burns More Energy Than Ireland – Does It? […]
The post Nchain Group Granted Three New Blockchain Patents appeared first on Bitcoin News.
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