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| June 18, 2019

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Amid early struggles, Bolsonaro’s supporters call for demos

May 26, 2019 |

After five months in office, Brazilian President Jair Bolsonaro is battling an uncooperative Congress, street protests, a family corruption scandal and falling approval ratings.
FOX News

CNN

Austria will have early elections after vice chancellor resigns over alleged corruption video

May 19, 2019 |

Austrian Vice Chancellor Heinz-Christian Strache, from the far-right Freedom Party, has resigned over allegations of corruption, just days before key European elections.
CNN.com – RSS Channel – World

Here’s a case where taking retirement funds early might make sense

May 19, 2019 |

Dear Liz: My wife and I are both retired and receiving annuity payments. In addition, we have about $ 1.3 million in traditional IRAs and $ 350,000 in another annuity that will pay us each about $ 1,000 per month. We are moving from Texas to Arkansas sometime in the next year. Texas has no state income…


L.A. Times – Business

Swiss vote to tighten gun laws, safeguard EU relations: early results

May 19, 2019 |

Swiss vote to tighten gun laws, safeguard EU relations: early resultsThe Swiss voted Sunday to toughen their gun laws and bring them in line with EU legislation, heeding warnings that rejecting the move could have threatened relations with the bloc, early results showed. Exit polls and preliminary results released shortly after polls closed at noon (1000 GMT) indicated that voters overwhelmingly supported reforming Swiss gun laws. A demand from the neighbouring European Union that the Swiss toughen their gun laws has prompted a rare national debate over firearm ownership in the wealthy Alpine nation, which has a deeply-rooted gun culture.



Yahoo News – Latest News & Headlines

‘Craig Is a Liar’ – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright

May 17, 2019 |

Early Adopter Calls Craig Wright a Fraud — Proves Ownership of Bitcoin Address Used in Lawsuit

On May 16, an unknown person posted a signed message to social media concerning a bitcoin address that was used as evidence in the ongoing Kleiman v. Wright lawsuit. According to the message, which is verified to be the rightful owner of the address used in the Florida lawsuit, the address never belonged to “Satoshi or to Craig Wright” and once held over 160,000 BTC.

Also read: Blockchain Researchers Mock Craig Wright’s Unsealed Bitcoin Address List

Bitcoin Whale: ‘This Address Does Not Belong to Satoshi or Craig Wright’

Since last year, Craig Wright has been involved in a lawsuit against the Kleiman family who are suing him for allegedly manipulating the now deceased Dave Kleiman’s inheritance. Wright and Kleiman worked together and the Kleiman estate and Dave’s brother Ira accuse Wright of fraud of “over $ 11 billion worth of bitcoins.” This is due to a slew of documents and contracts submitted as evidence in the Florida lawsuit. One specific contract submitted to the courts called Exhibit 11 shows a variety of bitcoin addresses that were allegedly used in a trust held in the UK.

'Craig Is a Liar' – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright
Exhibit 11 in the Southern District Court of Florida case 9:18-cv-80176

The supposed trust would be kept untouched until the “regulatory issues” were resolved, likely referring to the regulatory unknowns with bitcoin at the time. However, on Feb. 27, 2018, almost immediately after the case came to light, Wizsec Security published a post called “Kleiman v Craig Wright: The bitcoins that never were” which debated the legitimacy of the trust’s addresses.

'Craig Is a Liar' – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright
A signed message from the owner of the 16cou- address appeared on social media on May 16, 2019.

Wizsec’s research concluded that the only reason the addresses were used is because at one time they all had large amounts of BTC in them. The security researchers also went through the addresses to determine who the addresses may have belonged to. Some wallets were simply used for Mt. Gox cold storage and others were merely traders who managed to accumulate lots of coins. But on May 16, the owner of one of the bitcoin addresses listed — 16cou7Ht6WjTzuFyDBnht9hmvXytg6XdVT — posted a message to social media claiming ownership of the address. The message read:

Address 16cou7Ht6WjTzuFyDBnht9hmvXytg6XdVT does not belong to Satoshi or to Craig Wright. Craig is a liar and a fraud.

'Craig Is a Liar' – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright
An Electron Cash wallet verifying the validity of the signature. Photo credit: Mark Lundeberg.

Signing a Message Tethered to a Bitcoin Address Requires Private Key Ownership

The message also contained the legitimate signature of the owner, which can be verified by using public tools online. Essentially the owner’s signed message contains a hash that successfully validates against the specific address that once held more than 160,000 BTC. After the message was posted to social media, Bitcoin supporters and blockchain analysts tested and verified it with tools to make sure it was legitimate.

'Craig Is a Liar' – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright
Jameson Lopp verified and shared the message.

Blockchain developer Mark Lundeberg posted an image to r/btc that shows the Electron Cash wallet verified the message as being real. Many others verified the message as well, including the developer Jameson Lopp who posted his findings to Twitter. About a week before the verified signature was published on social media, Lopp stated that if the year-old Wizsec Security report was accurate then there are “~23 people who could cryptographically disprove Craig’s claimed ownership of these addresses.”

The address, 16cou7Ht6WjTzuFyDBnht9hmvXytg6XdVT (16cou-), is used in at least two documents stemming from the Kleiman v. Wright lawsuit, otherwise known as the Southern District Court of Florida case 9:18-cv-80176. The address is mentioned in Exhibit 11 as well as Exhibit 4 which describes an interesting encounter. Allegedly on October 13, 2011, Wright’s attorney swore by oath that his client came into his office and showed him his HTC mobile phone. Then, the lawyer writes, “on the screen of the Wright mobile, I reviewed and verified the following bitcoin wallet addresses.” The last address listed on Exhibit 4 is the 16cou- address, the very one that was verified on May 16 and left a message calling Wright a “liar and fraud.”

'Craig Is a Liar' – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright
Exhibit 4 in the Southern District Court of Florida case 9:18-cv-80176

The recent address signing from the ‘OG bitcoin whale’ spread like wildfire on Reddit and Twitter throughout the day. The message was meaningful to bitcoiners and not just for what it said, but for how it truly verified the integrity of the message. The demonstration has shown how validating ownership of a bitcoin address is simple. This has been the biggest cause of Wright’s self-proclaimed Satoshi theory being discredited as he has never provided any valid cryptographic proof.

Just as the legitimate address owner of the 16cou- address proved ownership, anyone can prove ownership with a bitcoin address if they truly hold the private keys. Crypto supporters know that simply claiming ownership of certain UTXOs is impossible without the private keys. People who attempt to do so without cryptographic proof will always fail miserably by showing they don’t understand how the technology works.

What do you think about the person who signed a message from the 16cou- address on May 16? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Pacer, Court Listener, Twitter, Mark Lundeberg, Memo, and the Electron Cash wallet.


Did you know Bitcoin.com will soon be launching a peer-to-peer trading platform called Local Bitcoin Cash? The service will allow for direct exchange with people trading BCH all around the world. At Bitcoin.com we’re excited and it’s coming soon! If you want to stay notified for when the hottest new trading platform launches – Sign up here today!

The post ‘Craig Is a Liar’ – Early Adopter Proves Ownership of Bitcoin Address Claimed by Craig Wright appeared first on Bitcoin News.

Bitcoin News

Pompeo cuts short European visit to return early to Washington: U.S. State Department

May 10, 2019 |

Pompeo cuts short European visit to return early to Washington: U.S. State DepartmentU.S. Secretary of State Mike Pompeo has postponed his visit to Greenland because he needs to return to Washington, the State Department said on Thursday. “Secretary Pompeo must postpone his visit to Greenland due to a need for the secretary to be in Washington, D.C., today,” spokeswoman Mortgan Ortagus said.



Yahoo News – Latest News & Headlines

Uber drivers go on strike in London and U.S. ahead of IPO, early protests sparse

May 9, 2019 |

Uber drivers go on strike in London and U.S. ahead of IPO, early protests sparseLONDON/SAN FRANCISCO (Reuters) – Uber drivers in London and major U.S. cities held a series of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday’s blockbuster stock market debut. Protests were sparsely attended in London, New York and California, and rides appeared easily available in some cities where strikes were called. Drivers and regulators around the world have long criticized the business tactics of Uber Technologies Inc. The expected valuation of up to $ 90 billion in its initial public offering on Friday is proving to be the latest flashpoint.



Yahoo News – Latest News & Headlines

David Avella: Joe Biden is going to lose, early and big

May 6, 2019 |

Despite his best efforts to inoculate himself from political mistakes, Joe Biden is simply the wrong guy in the wrong year.
FOX News

Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit

May 4, 2019 |

Craig Wright Required to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit

On April 28, the high profile Kleiman v. Wright lawsuit heated up when the plaintiffs alleged Craig Wright submitted forged evidence before the court. Following the recent response against Wright’s motion to dismiss the case, the plaintiffs also filed an order which demands a list of Wright’s public bitcoin addresses as of Dec. 31, 2013. Additionally, the Southern District Court of Florida Magistrate overseeing the lawsuit, Judge Bruce Reinhart, has signed the order.

Also read: Uyen T Nguyen: The Powerful Young Woman Behind the Alleged ‘Satoshi Affair’

Kleiman Estate Wants Craig Wright to Produce a List of Public Bitcoin Addresses

Self-proclaimed Satoshi, Craig Wright, has been fighting a lawsuit since Feb. 14, 2018, in a case that involves $ 11 billion dollars’ worth of bitcoin and lots of intellectual property. The Kleiman estate represents the now deceased David Kleiman, a security researcher that some individuals believe may have been a member of a pseudonymous group operating under the Satoshi Nakamoto monicker. The cryptocurrency community does not believe Wright is Satoshi despite his claims and many cite that he has yet to provide cryptographic evidence that would tie him to the creation of Bitcoin. So far, the Kleiman v. Wright lawsuit has dragged out for well over a year and last week Wright was accused of forgery. Now the plaintiffs are demanding to view a list of public bitcoin addresses once owned by Wright up until Dec. 2013. Right now, a good portion of the bitcoin address information was either redacted or sealed, but the Kleiman estate believes that tracing Wright’s bitcoin holdings back in 2013 and earlier is relevant to the alleged theft claims.

Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit

Wright had already told the court that it wasn’t feasible to identify the bitcoin he held back then. However, the Kleiman estate’s counsel asserted that it does not diminish the plaintiff’s entitlement to the pertinent evidence and the data “can be obtained through other means.” The Kleimans want Wright to produce the list of bitcoins he owned as of Dec 31, 2013 as well as identify all bitcoins he transferred to the blind trust in 2011. Alongside this, they want him to identify under oath all the trustees of the blind trust and beneficiaries. Moreover, the plaintiffs are demanding that Wright is deposed again in regard to his bitcoin ownership.

“It is therefore ordered that Dr. Wright’s motion regarding the production of a list of the public addresses of his bitcoin as of December 31, 2013, which is deemed to be a motion for protective order, is denied,” the filing details.

Plaintiffs Want Information Concerning a Blind Trust

Wright’s defense team has until May 8 to state whether they have any redactions to add and at that time Wright is ordered to provide the Kleiman estate with a sworn declaration identifying the name and location of the blind trust, the name and contact information for the current trustee and any past trustees, and the names and contact information of any current or past beneficiaries. The following day, Wright is to provide any additional documents concerning the blind trust. Another deadline is set for May 15 and Wright has to produce all transactional records of the blind trust, including the possible transfer of bitcoin into the blind trust in or about 2011.

 

Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit

The information provided to the court must be accompanied by a sworn declaration of authenticity. The ruling on whether or not Wright’s deposition needs to be addressed again will be decided after the requirements described in the court order. The latest order submitted by the Kleiman estate may further provide more information concerning this mysterious case and the alleged trust held in Seychelles that purportedly contains around 1 million BTC. Many people have been curiously monitoring this lawsuit because it may reveal certain information on whether or not these two men really were involved with the creation of bitcoin or if it was all just an elaborate hoax. The latest order by the Kleiman estate, the recent Jeff Garzik subpoena, the slew of past filings, and the alleged million bitcoins sitting in a trust indicate the plaintiffs believe Wright’s unproven claims of being Satoshi Nakamoto is pertinent to this case.

What do you think of the latest from the Kleiman v. Wright lawsuit? Do you think this court case will reveal any secrets about the Satoshi Nakamoto story or do you think it’s all an elaborate hoax? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Court Listener, and Pixabay.


Did you know Bitcoin.com will soon be launching a peer-to-peer trading platform called Local Bitcoin Cash? The service will allow for direct exchange with people trading BCH all around the world. At Bitcoin.com we’re excited and it’s coming soon! If you want to stay notified for when the hottest new trading platform launches – Sign up here today!

The post Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit appeared first on Bitcoin News.

Bitcoin News

Stocks Give Up Early Gain, Close Lower

May 1, 2019 |

Stocks gave up some early gains and ended broadly lower after the head of the Federal Reserve appeared to play down the possibility of an interest rate cut this year, something some investors had been hoping for, the AP reports. Energy companies and retailers fell more than the rest of…
Newser