Craig Wright demands that ‘Bitcoin developers’ return him $5 billion in BTC

Litigation law firm Ontier LLP has initiated legal action on behalf of self-proclaimed Bitcoin (BTC) creator Craig Wright to recover £3.5 billion (roughly $4.95 billion) worth of BTC, according to a document published yesterday. Essentially, the firm demands that “developers for BTC, BCH, BCH ABC and BSV” enable Craig Wright’s company Tulip Trading Limited (TTL)…

Bitcoin jumps $4,000 as Bitfinex and Tether settle with New York court

A long-running case regarding Tether’s alleged fake dollars and Bitfinex’s involvement in covering up parts of the former’s business have drawn to a close today. $18.5 million fine Stablecoin issuer Tether and Bitfinex, a prominent crypto exchange and its parent company, have today settled with New York courts on a long-running case that saw the…

XRP jumps ahead of Ripple-US SEC hearing today

Ripple Labs, the issuer of the payments token, faces scrutiny in US courts for its alleged role in misguiding investors and selling an unlicensed security. The hearing is scheduled for February 22, i.e. today, but investors are already betting on a favorable outcome. XRP pumps XRP prices have increased 20% in the past day, and…

Crypto fund which says Craig Wright is Satoshi gives update on legal battle

One fund says all evidence points to Craig Wright being the creator of Bitcoin. He is, in turn, suing payments giant Square and other influential Bitcoin and Bitcoin Cash businesses. BSV fund says fair game In a document shared with CryptoSlate today, crypto fund Unbounded Capital provided details on the ongoing legal battle between alleged…

A Bitcoin SV troll is allegedly sending death threats to one of Bitcoin’s earliest advocates

Followers of the Bitcoin fork are alleging harassing some prominent Bitcoin industry proponents after a recent white paper controversy. Bitcoin SV member turns on CobraBitcoin A popular Bitcoin proponent received a proverbial shock last week after allegedly getting harassed by some members of the Bitcoin SV community, multiple tweets on social platform Twitter claimed. The…

XRP price spikes as Ripple pushes back against SEC’s $1.3 billion lawsuit

The price of now-embattled cryptocurrency XRP surged by up to 86%—just a day after Ripple Labs filed its response to the U.S. Securities and Exchange Commission’s (SEC) $1.3 billion lawsuit hanging over the company’s head. At press time, XRP was trading at around $0.47 per token, up 55.1% on the day. Simultaneously, the crypto’s price…

New class-action lawsuit against Ripple (XRP) filed in Florida

Florida resident Tyler Toomey has filed a class-action lawsuit against Ripple Labs, the blockchain-focused firm behind XRP cryptocurrency, alleging that the company violated the state’s securities laws by selling its tokens. This comes on the heels of the Securities and Exchange Commission (SEC) filing a $1.3 billion lawsuit against Ripple with similar allegations. “This is…

Want to fight against Craig Wright’s ‘ownership’ of Bitcoin? Here’s what to do

The computer scientist claims to have “invented” Bitcoin. And he is now forcefully taking over the asset’s open-source whitepaper. Take down the whitepaper Controversial Australian computer scientist Craig Wright is now threatening to sue the Bitcoin.org website, which hosts the asset’s nine-page whitepaper, among others, years after he first started to claim ownership of having…

What does the January 15 deadline hold for Tether, the world’s biggest stablecoin

Tomorrow is an important date for the issuers of Tether, a USD-pegged stablecoin. But what does it mean? Tether, the crypto heartbeat Tether Limited, the company behind the widely-used Tether (USDT) stablecoin, will submit several documents explaining its legality to the New York Prosecutor’s Office tomorrow, Jan. 15, before the deadline expires. It is believed…