• 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.

  • Mike Blandina (r.) and Adam White are also winners in Kelly Loeffler's U.S. Senate appointment (via ICE).
    Uncategorized

    Bakkt promotes Mike Blandina to CEO

    The Google and PayPal veteran will lead the firm beyond bitcoin futures in 2020 following the departure of Kelly Loeffler to take up a U.S. Senate seat; COO Adam White becomes president

    Google and PayPal veteran Mike Blandina has been appointed CEO of bitcoin futures firm Bakkt, following Kelly Loeffler's appointment to the U.S. Senate. He plans add digital assets other than bitcoin to its offerings in 2020.

  • 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…