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Showing posts with the label trial

Craig Wright pulls mystery box, calls Satoshi ‘he’ during COPA trial

Summary: Craig Wright claimed his wife found a box of old papers over the weekend. He might attempt to submit the papers as last-minute evidence, although his suspiciously belated discovery is likely to be denied inclusion by the judge. When asked about his work on the original Bitcoin code, Wright accused Craig Maxwell of hacking his servers, and Adam Back of violating laws related to financial services. Wright said Back failed to submit emails from 2009 in which he apparently disparaged Bitcoin. Wright claimed he chose to retire the Satoshi Nakamoto pseudonym due to difficulties with the Australian Tax Office, a pending divorce, and his attempts to rebuild his other companies. The trial of COPA v. Craig Wright continued on Monday for its sixth day in the UK High Court of Justice. The Crypto Open Patent Alliance ( COPA ) is a pro-BTC group seeking an injunction against Wright, a contentious pro-BSV advocate who believes himself to be Bitcoin’s creator. COPA wants to ban Wr...

US prosecutors water down FTX Ex-CEO SBF’s second trial probability: no new evidence

US prosecutors deem the second trial unlikely for FTX’s ex-CEO Sam Bankman-Fried. Lack of new evidence cited; the initial trial covered major aspects of the case. The guilty verdict stands; sentencing is set for March 28, 2024, as scheduled. United States prosecutors have signalled that there may not be a second trial for Sam Bankman-Fried (SBF), former CEO of the defunct cryptocurrency exchange FTX . This development comes as stakeholders seek swift resolution, emphasizing the public interest and the anticipation of compensation details for FTX account victims. With the first trial concluding with Bankman-Fried found guilty on seven fraud charges, the focus is now on the sentencing set for March 28, 2024. No second trial for Sam Bankman-Fried Recent reports indicate that United States prosecutors are unlikely to pursue a second trial against Sam Bankman-Fried, the former CEO of FTX. The prosecutors emphasize that there is insufficient new evidenc...