• Craig Wright
    Bitcoin

    EXCLUSIVE: First interview with Craig Wright after judge orders him to pay $5 billion in bitcoin

    ‘When you find a gorilla, don’t kick it in the nuts’

    A hearing in the Kleiman v. Wright case concluded Monday with the U.S. District Court for the Southern District of Florida rejecting Craig S. Wright’s testimony. The judge determined that “Satoshi Nakamoto” is a partnership of three people, but awarded half of its bitcoin holdings to the Kleiman estate. Craight Wright told Modern Consensus he “has no choice but to hand over $5 billion in BTC.”

  • Craig Wright writing math equations
    Bitcoin

    Craig Wright faces jail for contempt of court

    Federal Judge Bruce Reinhart orders Wright to produce evidence he is Satoshi Nakamoto on Monday

    Craig Wright’s assertion that he cannot provide a Florida court with a complete list of his bitcoin holdings is a bunch of hooey, and he’ll go to jail if he doesn’t pony up.

  • crypto’s use as currency is growing
    Bitcoin,  Innovators

    Florida man blows 10,000 bitcoin on pizza, Twitter bot keeps reminding us 8 years later

    Keeping tabs on how much the famous ‘Bitcoin Pizza’ really costs  

    On May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz. While the pies themselves were  mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Now that one purchase gages the health of the entire $258 billion cryptocurrency market. Of course, that wasn’t always the case. So when Dutch programmer Merijn Bellekom quietly launched the Twitter bot @bitcoin_pizza in 2015, he didn’t know it would blossom into a $100 million meme. Every day at 7:14pm ET, Bellekom’s bot publishes the value of 10,000 bitcoins—what Hanyecz paid for those two pizza pies in 2010—to Twitter using current prices. “The bot was…