• University of Texas Tower (via Wiki commons).
    Opinion,  Tether

    Tether/Bitfinex study gets updated while Crypto Twitter gets angry

    The report that claimed Bitcoin prices were manipulated via Tether now says a single “whale” was behind the trades; those with skin in the game react negatively

    The lead academic in that (in)famous study postulating that Bitcoin prices were manipulated by Tether updated it with this added doozey: a single “whale” was behind most of it, trading large amounts of bitcoin against tether on Bitfinex, Tether’s sister company.

  • Meltem Demirors of CoinShares interviewed by RealVision, October, 2019 (screenshot).
    Bitcoin,  Innovators,  Opinion

    Meltem Demirors questions Wall Street’s involvement in crypto

    But is it really such a bad thing?

    The union of cryptocurrency and Wall Street is much like a Medieval arranged marriage: A little bit of wealth is at stake but everyone seems miserable and most people involved are in need of a bath. Few are as upset about the whole thing as those who are involved in crypto for ideological reasons—or, at least, those who say they are.

  • Screenshot of Craig Wright speaking with Modern Consensus contributor Brendan J. Sullivan, September 11, 2019.
    Bitcoin,  Opinion

    Ira Kleiman’s lawyer sure sounds like he wants to settle the $10 billion Craig Wright/Satoshi case

    Here’s why we may not get another round of discovery—or why we may never know who is Satoshi Nakamoto

    On Thursday, a judge granted Ira Kleiman’s attorney a 21-day extension on the motion to quash the subpoena against Modern Consensus contributor Brendan Sullivan (that’s me). This, along with a yet-to-be published interview with Craig Wright and a document filed in court earlier this week, leads me to think that settlement talks are in the works. I’ll go through all three documents and why they matter.

  • "Justice isn't blind, It just looks the other way."—The Boomtown Rats.
    Bitcoin,  Opinion

    I got subpoenaed in the Craig Wright/Ira Kleiman $6 billion ‘Satoshi Nakamoto’ case and I’m not giving them jack

    They gave me a check for $60 to make photocopies and here’s where they can stick it

    On Monday I got a great scoop on the huge Bitcoin lawsuit between Craig Wright and the estate of Dave Kleiman. Modern Consensus ran my short interview before the courts made any announcement. On Tuesday, someone waited outside my unlisted home address to give me a subpoena for all of my calls, texts, recordings, Whatsapp, and even my encrypted Signal and Snapchat messages. Here’s how it went down and how I’m going to fight it.