A Ponzi scheme that stole $722 million from investors in a fraudulent cryptocurrency mining pool has been broken up by FBI and IRS agents, according a federal indictment. BitClub Network promised investors around the world shares in the earnings of a major non-existent bitcoin mining pool.
The lawyers suing Craig Wright for $3.6 billion just complained to a judge that a Modern Consensus reporter Rick Rolled them on Twitter. Attorney’s representing brother of Wright’s late partner Dave Kleiman have been trying to subpoena a recording of Modern Consensus journalist Brendan Sullivan’s exclusive phone interview with Wright.
On Dec. 9, LedgerX derivatives exchange CEO Paul Chou and his wife Juthica, the COO, were unceremoniously removed by the board of the company they founded. While no explanation was given, the company suffered a huge and embarrassing setback over the summer.
China announced plans to launch real-world test of a central bank digital currency on Dec. 9. But an actual central bank digital currency is probably not coming very soon, the article said.