When a judge denies your motion to throw out a lawsuit against you by quoting Sir Walter Scott’s famous line, “Oh! What a tangled web we weave when first we practice to deceive,” it’s not a good thing. Thus it’s fair to say, nChain founder Craig Wright, the Bitcoin SV (BSV) backer and self-proclaimed Satoshi Nakamoto, did not have a good day in court on August 15. Although, to be fair, he wasn’t threatened with handcuffs this time.
For the past several days, Bitcoin/self-promoters have been touting the cryptocurrency as a safe haven from uncertainty in the markets. In other words, they are letting fantasy get in the way of reality.
Binance has offered a $300,000 reward for information leading to the capture of an individual who posted 10,000 photos of users and their identity documents that may have come from the leading cryptocurrency exchange’s customer data.
A California judge gave Brian Armstrong’s cryptocurrency exchange Coinbase three quarters of a win Tuesday, throwing out fraud and unfair competition allegations.