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IRA Financial Trust Hack Reportedly Sees USD 36M in Crypto Stolen From Users
15.2.2022
US-based IRA Financial Trust, a regulated financial institution that offers self-directed retirement accounts, has been hit with a hack that resulted in the loss of USD 36m in crypto, Bloomberg reported, citing a person familiar with the investigation....
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Crypto IRA iTrustCapital raises $125M, pushes valuation over $1B
19.1.2022
The company said it planned to use the funds for expanding its existing product and service line in addition to exploring strategic acquisitions
Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense
6.12.2021
The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his defense team has won on all claims except one count of conversion. According to a court reporter, Craig Wright, the man who claims to be Satoshi Nakamoto, said he was “incredibly relieved.” Craig...
Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial
3.12.2021
Jurors in the Kleiman v. Wright trial are currently unable to come to a decision on the high-profile billion-dollar bitcoin lawsuit in Florida. While the judge has told the jury to take time deliberating the case, on Wednesday, the jurors issued a statement that explained they could...
Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright
25.11.2021
On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help...
Wall Street Journal Reporter Chastised Over Satoshi Nakamoto ‘Unmasking’ Editorial
15.11.2021
During the last week, mainstream media outlets have been publishing reports that say “Bitcoin’s creator Satoshi Nakamoto could be unmasked at [a] Florida trial.” Alongside this, the name “Satoshi Nakamoto” has been trending in people’s discussions on social...
The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami
30.10.2021
On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While...
Paypal Plans to Study Transactions That Fund Extremism, Anti-Government Groups
28.7.2021
The payment processing giant Paypal has revealed it has partnered with the nonprofit organization the Anti-Defamation League (ADL). According to the announcement, Paypal is researching transactions settled on the payment network that allegedly fund hate groups and extremism. Paypal to Study...
Crypto IRA integrates Coinbase Custody as trade volumes top $1.5B
17.6.2021
Coinbase Custody will be used to further secure the cryptocurrency holdings of iTrustCapital clients
Crypto Retirement: US Investment Firm Launches Employer-Sponsored Bitcoin 401(k) Plan
23.11.2020
The U.S.-based company Digital Asset Investment Management (Daim) has announced the launch of a company-sponsored 401(k) retirement plan that allocates up to 10% in bitcoin. The plan is an ERISA compliant employer-sponsored 401(k) and assets are held in institutional-grade cold storage...
Craig Wright’s Summary Judgment Denied – Billion Dollar Bitcoin Lawsuit Heads to Trial
22.9.2020
On Monday afternoon, Judge Beth Bloom, from the District Court of Florida, denied Craig Wright’s summary judgment and the infamous billion-dollar bitcoin lawsuit will go to trial in January. The court published a 93-page decision on the matter, as Judge Bloom detailed that “a genuine...
Craig Wright Trial Over a Fortune in Bitcoin Moved to 2021
4.9.2020
Wright and the Kleiman estate will now put their arguments before a jury in January
Fidelity Digital Assets to Hold Bitcoin Private Keys for Kingdom Trust Clients
16.7.2020
The enterprise-grade bitcoin custody and crypto management service, Fidelity Digital Assets has revealed a recent partnership with the firm Kingdom Trust. The new alliance provides individual retirees with the ability to safeguard their bitcoin private keys alongside self-directed IRAs. The crypto...
Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys
13.7.2020
According to a court filing on June 30, the Kleiman v. Wright case has postponed the jury trial until October 13 in the Miami Division courthouse. Meanwhile, a deposition stemming from Craig Wright’s wife, Ramona Watts, shows that she has little understanding of how Bitcoin works after being...
Bitcoin IRA Is Ready to Take On Small Savers With Updated Retirement Savings Product
11.6.2020
Bitcoin IRA, the retirement savings startup, now has a no-balance-minimum account that only requires a monthly deposit minimum of $100
Judge Calls Out Kleiman Attorneys Over ‘Excessive’ Fees in Craig Wright Case
19.3.2020
The Florida judge has now approved fees and expenses amounting to about a quarter of the amount claimed
Judge Rules Craig Wright Must Only Pay 20% of Kleiman's Attorney Fees
18.3.2020
A U.S. judge ruled that claimed lawyers’ fees of between $610 and $1,050 per hour were excessive, and rejected expenses for work not directly related to the court’s motions
"First-Ever" IRA Investment In Digital Securities + More News
14.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Securitize, a security token platform, said it has facilitated the "first-ever" investment into a security token...
Scottish Novelist Andrew O’Hagan Asked to Testify in Kleiman v. Wright Lawsuit
4.1.2020
The high profile billion dollar bitcoin lawsuit, Kleiman v. Wright, has continued into the new year. The Kleiman estate’s legal team filed for a protective order to prevent the deposition of Wright’s ex-wife on January 13, 2020. Additionally, the plaintiffs and defendants have scheduled...
Craig Wright Attempts to ‘Reveal the Origin’ of Satoshi Nakamoto’s Name
21.12.2019
The Kleiman v. Wright lawsuit continues following the plaintiff’s request to Judge Reinhart asking him to overrule Craig Wright’s recent objections. Wright’s council has responded in a joint discovery memorandum asking for access to data tied to David Kleiman’s 15 computers....