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EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study


The US Energy Information Administration (EIA) has agreed to discard any data it already collected in response to its emergency Bitcoin mining survey, court documents filed Friday showed. The post EIA Agrees to Wipe Out Prior Bitcoin Mining Survey Data, Plans Fresh Study appeared first on Cryptonews

Craig Wright Denies Forging Documents in High-Profile Bitcoin Lawsuit


In the ongoing court battle over the identity of Bitcoin’s creator, Craig Wright continues to face accusations that he forged documents to support his claim of being Satoshi Nakamoto. However, Wright maintains the documents were faked by others to frame him. Wright vs. COPA: ‘Industrial...

COPA Trial: Craig Wright Claims Documents Were Forged, Lawyers Cross-Examine


The ongoing legal issues between Bitcoin Satoshi Vision (BSV) founder Craig Wright and Bitcoin developers have turned even more sour. According to a February 4 court filing by the Crypto Open Patent Alliance (COPA) legal team, several documents Wright submitted as evidence of his ownership of...

Ripple Requests One Week Extension for Documents in SEC Suit


Ripple has filed a motion requesting an extension of one week to gather and submit documents in its ongoing courtroom battle against the SEC. The documents under examination largely comprise financial statements covering the period from 2022-2023. In addition, the SEC seeks “post-complaint...

Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims


A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches...

Hong Kong Initiates Probe into Worldcoin Over Privacy Fears


OpenAI CEO Sam Altman’s Worldcoin project continues to raise privacy concerns — and is now under probe in Hong Kong. Local media outlet HKET reported that Hong Kong’s data protection authority investigated six Worldcoin booths, using a court warrant on Wednesday. They also requested the operators...

Trickbot Ransomware Developer Behind $833M Crypto Theft Gets Prison Term


Source: Pixabay/Pete Linforth A 40-year-old Russian developer of Trickbot ransomware has been sentenced to a five-year prison term, according to the US Department of Justice (DoJ). In a press release dated January 25, the DoJ identified the individual as Vladimir Dunaev from Amur Oblast, Russia....

South Korean ‘Bogus Crypto Exchange’ Fraudster Jailed


Source: MemoryMan/Adobe A South Korean court has sent an individual who provided a bogus crypto exchange with illegal bank documents to prison for four years. Per Busan Ilbo, Judge Kim Jae-yoon of Changwon District Court sentenced an unnamed individual “in their 30s” following a fraud conviction....

HyperVerse Promoter “Bitcoin Rodney” Arrested in US: Report


HyperVerse crypto promoter Rodney Burton, better known as “Rodney Bitcoin,” has been arrested for his role in an elaborate crypt investing scheme, court documents reveal. A $58 million debt Court documents filed on January 4th show Burton has been charged with operating and conspiring to operate...

Former DCG Advisor Larry Summers Named Among Academics Linked to Epstein List


Image Source: Harvard Magazine Larry Summers, a former Digital Currency Group (DCG) advisor, has been named as one of several academics in connection with the infamous American financier Jeffrey Epstein.  The link has come to light as part of a recent disclosure of court documents, infamously known...

SEC “Deeply Regrets” Handling of Debt Box Case, New Court Filing Reveals


The United States Securities and Exchange Commision (SEC) has apologized for its handling of a lawsuit against decentralized blockchain project, Debt Box, according to new court documents. Walking it back “The Commission takes this Court’s concerns seriously and deeply regrets these errors,”...

SEC Finally Serves Hex Founder Richard Heart with Lawsuit Alleging Fraud


The United States Securities and Exchange Commission (SEC) has finally served Helsinki-based cryptocurrency developer Richard Heart with a lawsuit filed in July, according to a new court document. Heart hides out According to court documents, the SEC had been attempting to serve Schueler for over...

DOJ Charges Two Men For $25 Million Crypto “Trading Bot” Ponzi Scheme


Source: Department of Justice In another crackdown against crypto criminals, the U.S. Department of Justice (DOJ) has charged two middle-aged men with stealing over $25 million from victims in a so-called “cryptocurrency Ponzi scheme.” Citing court documents, the DOJ accused David Gilbert Saffron...

Ripple CTO David Schwartz Accuses SEC of Mishandling Debt Box Case


Source: YouTube/UNCHAIN Convention Ripple’s Chief Technology Officer (CTO), David Schwartz, recently criticized the US Securities and Exchange Commission (SEC) via his official X (formerly Twitter) handle, alleging questionable illegal activities in the Debt Box case. I've just read over...

Jump Crypto Files Documents Confidentially in Terraform Labs Lawsuit


Source: Pixabay A federal judge has accepted confidential materials from Jump Crypto Holdings in discovery as part of the Securities and Exchange Commission’s lawsuit against Terraform Labs. In a Nov. 28 filing in the U.S. District Court for the Southern District of New York, Judge Jed Rakoff...

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