In a blistering 39-page ruling, federal Judge Beth Bloom outlines a pattern of Craig Wright making allegedly misleading and perjurious statements as well as presenting forged or false evidence, but rules against sanctioning him.. She specifically—and repeatedly—states that his autism is a deciding factor.
Craig Wright’s wife, Ramona Watts, knows nothing about how Bitcoin works. Considering that her husband claims to be Satoshi Nakamoto, the pseudonymous author of the Bitcoin whitepaper, you’d think she might be aware that a Bitcoin private encryption key is not like a Mercedes key. At least Ira Kleiman was honest (or self-aware) enough to tell the court that he does “not really” know much about how Bitcoin works. Ira is suing Wright for half of a $10 billion cache of bitcoins mined by Nakamoto in the early days of Bitcoin. Here’s a beauty from her March 19, 2020 deposition, which was unsealed on June 27. In it, Ramona Watts was asked by…
Sunday ended a bad week for bitcoin, with a dip below $9,000 kept to a brief flirtation—investors hope. But there’s plenty of optimism to go around, as two models predict big bitcoin price increases coming—possibly mirroring or surpassing the 2017 bubble’s $20,000 mark. And China surprised absolutely no one by announcing that it will be tracking large(ish) digital yuan transactions by default.
Crypto investment firm Grayscale has accumulated 3.4% of all bitcoins and is still buying voraciously, leading to concerns it will corner the market. Jim Rogers, a one-time George Soros partner, thinks governments will drive crypto underground if they become widely usable as cash, and current Jack Abramoff partner is finding out the hard way not to work on anti-money laundering tech (AML BitCoin in this case) with someone convicted of fraud and corruption. The Glupteba bot-net doesn’t get instruction directly, but by scanning Bitcoin’s blockchain for hidden clues.