• The calm decorum of consolidating class action lawsuits (via Pixabay).
    Cryptocurrencies

    Tether, Bitfinex face fourth market manipulation suit

    Another lawsuit accusing stablecoin issuer Tether and cryptocurrency exchange Bitfinex of causing the losses of the crypto winter is about to join the three consolidated class actions

    The lawsuits against iFinex, which owns the two companies, seeks $1.4 trillion in damages over alleged market manipulations that led to the crypto winter of 2018.

  • U.S. Attorney Geoffrey Berman may drop a Fowler bomb on Bitfinex in January (via Department of Justice).
    Uncategorized

    Fowler plea may lead to Bitfinex’s missing $850 million

    The man alleged to have looted the cryptocurrency exchange Bitfinex is set to plead guilty in a case that links it to drug cartel-connected payment processor Crypto Capital

    The alleged mastermind behind cryptocurrency exchange Bitfinex’s missing $850 million is poised to cop a plea. What Reginald Fowler is getting—or who he is giving up—remains to be seen.

  • Craig Wright says this document shows the roots of the name Satoshi Nakamoto (Brendan Sullivan)
    Bitcoin,  People

    EXCLUSIVE: Craig Wright shares timestamped document he claims reveals roots of “Satoshi Nakamoto” name

    The self-proclaimed Bitcoin creator said the pseudonym was inspired by ‘the Japanese Adam Smith.’

    One of the greatest mysteries in crypto that no one has ever been able to solve is the identity of Satoshi Nakamoto, the author of the Bitcoin whitepaper. To defend his widely scorned claim, Craig Wright showed us a document he said explains the name's origins.

  • Craig Wright writing math equations
    Bitcoin,  People,  Uncategorized

    EXCLUSIVE: Sneak peek at Craig Wright’s next court filing: Your honor, judges don’t understand bitcoin!

    The man who would be Satoshi Nakamoto claims he didn’t lie, people just can’t understand his extraordinary life

    Editor’s Note: With $3.6 billion in bitcoin on the line, nChain founder and self-proclaimed Satoshi Nakamoto’s Craig Wright is about to argue that he shouldn’t be fined $650,000 for lying in court, because he didn’t. The court filing, which Modern Consensus has seen before it enters the public record, is part of Wright’s attempt to fend off a claim on half of a cache of 1,000,000 bitcoin mined in the early days of bitcoin by its creator, Satoshi Nakamoto. Wright is being sued by the estate of his late partner, Dave Kleiman.  So far Wright has been hammered in court. Magistrate Judge Bruce Reinhart, who oversaw a pre-trial stage of the…