submitted by turtlecane to CryptoCurrency [link] [comments]
A $1.1 million Bitcoin lawsuit against Craig Wright in the United States District Court for the Southern District of Florida continues, with the latest ruling handed down on Dec. 27.
The plaintiff is the Estate of Dave Kleiman, and it alleges Kleiman and Wright mined 1.1 million Bitcoins together during the early days of Bitcoin, and when Kleiman died, Wright laundered the money into his own accounts and did not give anything to Kleiman’s heirs. The lawsuit further alleges that Craig Wright is Satoshi Nakamoto, which has been on and off a heated debate in the crypto space.
In the latest order, the court dismisses two counts against Wright, while Wright must respond to the other seven counts by Jan. 10. Count three, which was dismissed, is an allegation that Wright misappropriated trade secrets belonging to Kleiman related to smart contracts and blockchain technology. Count four says the theft of trade secrets violates the federal defense of trade secrets act, and this count was also dismissed.
Estate Of Dave Kleiman Asks For $11.4 billion Judgement
The remaining counts which have not been dismissed are far more serious. Count one demands $11.427 billion or the return of the Bitcoins and forked assets, like Bitcoin Cash, Bitcoin Gold, etc.
Count two alleges that the theft of the Bitcoins is unjust enrichment. Count five alleges that Wright breached his fiduciary duty to Kleiman. Count six alleges that Wright did not pay for Kleiman’s share of their joint company. Count seven alleges that Wright committed fraud while taking Kleiman’s assets and intellectual property, including the forging of contracts and signatures. Count eight alleges that Wright committed fraud against Dave Kleiman’s children and tried to use them to cover up the fraud. Count nine asks for a permanent injunction against Wright to return all stolen Bitcoin and intellectual property.
A jury trial is scheduled for June 10 in which these standing allegations and claims will be decided. Wright tried to have the case dismissed with a motion in April 2018, offering reasons why the court does not have jurisdiction to rule on this case. However, the judge has decided in the most recent order that it does have jurisdiction, and the case will proceed.
Evidence In The Case Alleges Craig Wright Is Satoshi
The most intriguing part of this case is the evidence presented that Craig Wright is Satoshi Nakamoto in the defendant’s amended complaint. Apparently, Wright and Kleiman met in 2003 and communicated about various technological topics for years after that. In 2008, they co-authored a paper on the mechanics of overwriting hard drive data.
In March 2008, Wright emailed Kleiman and said “I need your help editing a paper I am going to release later this year. I have been working on a new form of electronic money. Bit cash, Bitcoin … [y]ou are always there for me Dave. I want you to be part of it all.”
In late 2008, Wright sent another email to Kleiman, saying “I need your help. You edited my paper, and now I need to have you aid me build this idea.” On Jan. 12, 2009, only nine days after Bitcoin launched on Jan. 3, Wright and Kleiman sent each other Bitcoin transactions, making them some of the earliest Bitcoin users.
The lawsuit alleges that Kleiman and Wright mined 1.1 million Bitcoins together, and these are all identifiable and stored in Wright’s wallets. Wright indicated that he has this tremendous amount of Bitcoins during a speech in which he said he had more money than the country Rwanda, where he was speaking.
In May 2016, Wright claimed to be Satoshi in a series of blog posts. The best evidence that Wright is Satoshi was a blog post from early Bitcoin developer Gavin Andresen. In the post, Andresen claims that Wright signed a message with cryptographic keys that only Satoshi could possess. Ultimately Wright never released these sign messages to the public, leaving the claim in doubt, and Wright is now commonly referred to as faketoshi.
As this case enters the trial period, it will certainly shed light on the true nature of Craig Wright’s early involvement in Bitcoin, and whether he really is Satoshi Nakamoto.
United States-based coffee chain Starbucks will implement tech giant Microsoft’s Azure Blockchain Service to track coffee production, tech news site GeekWire reports on May 6.submitted by Bitcoin_Exchange7 to u/Bitcoin_Exchange7 [link] [comments]
Starbucks first announced its “bean to cup” initiative in 2018, stating that it would work with farmers in Costa Rica, Colombia, and Rwanda to pilot a blockchain-based coffee-tracking system. The system will purportedly allow customers to track the production of their coffee and will open up potential financial opportunities for coffee bean farmers on the backend.
Starbucks further noted that they would open source the pilot program to disseminate their findings.
The two companies presented a number of joint initiatives today at Microsoft’s Build Conference, GeekWire reports. The other projects reportedly include predictive drive-thru ordering and connecting Internet-of-Things (IoT)-enabled equipment at different cafe locations.
Microsoft’s Azure Blockchain Service was just announced on May 2, as recently reported by Cointelegraph. Azure Blockchain Service is a blockchain-as-a-service (BaaS) platform that currently supports Quorum, the Ethereum-based platform of JPMorgan Chase. The new Microsoft BaaS purports to streamline the use of consortium blockchain networks, from creation to modification.
Earlier this week, details emerged that suggest Starbucks will accept bitcoin (BTC)-based payments following an equity deal with American cryptocurrency trading platform Bakkt. No actual bitcoins will reportedly end up processed by the chain, as the cryptocurrency will be instantly transferred into fiat currency.
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submitted by futuretimesio to u/futuretimesio [link] [comments]
"It is raining in Moscow, as we meet with one of the most daring human rights activists in Russia Elisaveta Vereshagina over a cup of coffee near the Tretyakov Gallery"She fights for political prisoners (in particular, historian Dmitriev), arranges free lectures on human rights and stands for commemorating those repressed during the Communist era. She has also worked in one of the first Russian crypto media and held several meetups. How does one person manage all that? Call it a mystery.
We talked about crypto and blockchain from the point of view of a public activist, Telegram ban in Russia and much more.
Future Times: You graduated from the Faculty of International Relations.How did you get into the blockchain industry?
Elisaveta Vereshagina: I discovered crypto somewhere in 2013. My friends who worked in banking told me about it – they spoke about bitcoin with delight and excitement. This immediately caught my eye – not in the financial side of it, but in the idea of people are able to issue financial units without a third party or state permission. One day when my friends reposted my CV, and I was contacted by a man dissertating at Harvard. He asked if I spoke English, and said: “Come join us, we are a good crypto team working from Oxford, Bulgaria and Riga”.
I felt it would be difficult. I had some basic knowledge of the economics, as I had written a few analytical papers on finance before, but it hardly seemed enough at that time. Still, I accepted the challenge and immediately joined in.
What fascinated me from the very beginning was the social impact the cryptocurrencies could produce. For instance, crypto allowed people to care less about jurisdiction. Virtual currency can be used even where there are no banks at all. Take the example of Rwanda: most of its citizens are unbanked but they do have their mobile phones (it’s XXI century after all). Thus, digital currencies help them integrate into the economy. The same goes for migrants: people who can not register officially for some reason or another (usually not by their own fault but due to the states’ rigidity) are now able to transfer money to their families abroad in just a few seconds, thanks to the crypto wallets. This social aspect spoke to me.
Stepping into the blockchain media, I integrated into the Moscow blockchain community. I even prepared an analytical note for the Russian PM Medvedev on regulating blockchain and cryptocurrencies with my first editorial team back in 2015 [laughs].
Stepping into the crypto media, I soon became a part of the blockchain community (it was around 2015). And then, back in 2015, I prepared an analytical note for [Russian premier minister] Dmitry Medvedev on regulating blockchain and cryptocurrencies with my first editorial team.
FT: Did the Russian government at the time had any idea what it was?
EV: They did ask: “Is it allowed and used anywhere on Earth under a state law? Can it serve as a boon to the country, or should we ban it immediately?” They heard the song and got it wrong. Just as Durov joked after the Telegram ban: “Why not ban words? Words are often used by terrorists to communicate, they say.”
Marvelous, isn’t it?
FT: Continuing the Durov and the Telegram ban story… What do you think, are decentralized economy, cool IT projects & blockchain products possible in today’s authoritarian Russia?
EV: I’m trying to see everything from a different, non-state perspective.
No doubt that the information war is ongoing. What has been important to me is that global blockchain community has always remained more or less united. What I mean is that, unlike politicians or human rights activists, the crypto community has never been splited that much over the national issues. You know, blockchain enthusiasts have been working together even when their countries were at war or at the edge of war. Either the community is too pragmatic, or too idealistic…
FT: Probably now there are more pragmatic ones in the crypto community. Idealists are leaving.
EV: The things is, the whole concept was created by cyberpunks, people who originally advocated for a non-state structure. They stood for privacy meaning against wiretapping and lurking, trying to create a parallel universe with no violence and state arbitrariness. Cooperating with the like-minded regardless of their nationality, was a true honor for the gang. I actually subscribe to the idea of blockchain going in this “state-regardless” direction. However, it is hardly likely nowadays, as the technology is more and more used by states and corporations in their commercial and political interests.
In a 2015 interview, the head of SWIFT claimed that as soon as the technology skyrocketed, they would search for the ways to deal with it. The head of the Russian Investigative Committee put it differently: if bitcoin had not been banned, he said, the competitiveness of the ruble was likely to decrease. I believe he did not understand quite clearly what he was saying, neither did fellow officials, otherwise he would have been fired for questioning the compatibility of the national currency, which was quite obviously far from “patriotic”. Well, just a little bit [laughs].
Coming back to the “authoritarian Russia” of today. By 2018, the government has indeed taken quite a lot of tough measures, including the infamous ban of the Telegram messenger after its owners’ refusal to provide the security services with access to the users’ accounts. The very fact that special services officially demand access to every citizen’s correspondence is a direct violation of human rights law. That’s complete nonsense! But they believe they have a right to it. Just… Just “because they can.”
Thus, now it is purely impossible to predict how blockchain technology will develop in Russia. A few years ago, one ministry could advocate for crypto ban, while some other would praise it, suggesting to switch to blockchain literally each and every thing. A lot of people in our country have been fighting for crypto legalization because they believe it is about freedom, dignity, and progress. But now the window of freedom is narrowing.
FT: You were a part of one of the first Russian cryptomedia [Coinfox] legendary team. Tell us about the development aspect of this industry.
EV: Well, we launched our first meetups in early 2016. At the beginning, there were just a few people from the Moscow blockchain community, mostly, you know, “geeks” who did not know well how to communicate and were afraid of public speaking. They didn’t have it in them: the basic evangelist function.
A few months earlier, in Autumn 2015, we presented a wallet app at the Moscow Exhibition of Economic Achievements, and I met an American blockchain-evangelist whose values were close to mine. She came to crypto from charity and now was travelling the world speaking to people about blockchain. There is no such profession as “evangelist”, at least in Russia, so it usually sounds like we do nothing: just randomly chatting here and there. Though it is an important job, a job of the future, they call it, – to unify people online and help them meet offline, creating for them a space of shared goals and values, guiding the conversation.
FT: Recently, on your social media you posted about the option to transfer records (including the information about the burials) of those repressed during Stalin’s reign to blockchain. Is this possible? How do you see the use of blockchain for the “historical memory preservation” part of human rights?
EV: My friend and I recently discussed the issue of “the right to be forgotten”, that Google made possible by allowing user to delete any request. He said an interesting thing, as if it’s a step aside, just like George Orwell’s “1984” – you can edit information after the fact turning it in your favor. Blockchain prevents exactly that – you can not change anything. This is a great way to preserve memory. In this sense, blockchain is for the truth advocates.
Some time ago registering births on blockchain seemed strange to me, but now I get the point. Once a regime or any other force tries to erase all the information on a person from all the available sources (just like they did under the totalitarian rule, marking out the faces and, what we would now call “photoshopping”, the “undesirable” people away from articles and photographs), they simply can’t. Thanks to blockchain, it is impossible to “delete” a person from all historical records as if they were never born, just like it has been possible for decades in the totalitarian states.
And the information concerning repressions… This data often lacks proper verification. For instance, the 1950s KGB issued fake documents stating “your grandmother died of pneumonia in a camp in 1943”, while in reality she had been sentenced to death in the late 1930s.
All information was restored very haphazardly. Of course, except those cases, when someone famous was confirmed to have participated in anti-Soviet activities.
FT: Which part of this data has not been disclosed by the security services?
EV: Since it is classified, we can only suggest. But I believe the part is huge. Interestingly, the facts on repressions are not kept in such a great secrecy as the victims’ burial places. The KGB never said: “here are the mass graves, come and commemorate the people we’ve killed back in XX century.” The burial places are searched for by enthusiasts following locals stories, with babushkas saying “there is a strange forest surrounded by a fence, which was guarded by the military until the USSR collapsed, and no one knows exactly what the forest hides but everyone believes it’s a frightful place to go…”
But let’s return to blockchain: on the one hand, transferring data on burial places to a huge base where no information can be edited might lead to stuffing the database with fakes; on the other hand, we could track back the issue date of any chosen document, so it might be useful.
FT: It would rather be activists, researchers and historians experiment rather than the state one: sort of an archaeological blockchain, to track where all the graves were found and the state of the research. Is it possible to find people who can do this?
Elisaveta: Practice shows that there are IT people who don’t really want to go into details, but they do professional work, sometimes even for free. You can always try to find a blockchain activist who is ready to contribute.
FT: What development connected problems would you point out in the community?
EV: A lot of amateurs, especially when it comes to ICO. Everyone and their mother were opening startups. Only a few idealists were left and even they stayed pretty much silent.
I was once in a very well-known institute attending a startups presentation event, when I realized that none of them were socially oriented. Everyone just wants to get more money – and as a social activist, it saddens me.
FT: In general what ICO you could invest in yourself?
EV: I fell in love with one project I wanted to invest in – SolarDao. It was a solar panels market pioneer with ICO, where you were supposedly investing in their solar energy system. They did an amazing 50-page industry analytics – seriously interesting to read, you could see their professional work, they were well versed in this matter. Moreover, they really stuck out on ecological / futuristic terms because they offered real solutions.
FT: Solar energy sounds quite great. And what about the artificial intelligence? You had an article saying that artificial intelligence can solve police brutality problems by analyzing video recordings from police stations / detentions in automatic mode and detecting violations. Can you please elaborate?
EV: Yes, but again I came to the conclusion that technology is a tool and it can be used in a way to help people or spread total control over them. If the technology in question, for example, gets replicated, we’ll get an ideal tracking system – and the AI will be able to watch over you 24/7, just as at previous stage it would have controlled the police.
We have been talking for a long time – about the protection of human rights, the country and much more. As we spoke, the rain stopped, and the sky above Moscow is finally clear.
|Land||Monero Equivalent||Sq. Km|
|Democratic Republic of the Congo||285,682.76||2,267,048|
|Central African Republic||78,505.53||622,984|
|Papua New Guinea||57,067.29||452,860|
|Republic of the Congo||43,034.23||341,500|
|United Arab Emirates||10,534.88||83,600|
|Republic of Ireland||8,680.31||68,883|
|Bosnia and Herzegovina||6,450.35||51,187|
|New Caledonia (France)||2,302.93||18,275|
|Falkland Islands (United Kingdom)||1,533.98||12,173|
|Puerto Rico (United States)||1,117.76||8,870|
|French Southern and Antarctic Lands (France)||966.29||7,668|
|State of Palestine||710.73||5,640|
|Trinidad and Tobago||646.21||5,128|
|South Georgia and the South Sandwich Islands(United Kingdom)||491.84||3,903|
|French Polynesia (France)||482.26||3,827|
|Faroe Islands (Denmark)||175.54||1,393|
|Hong Kong (China)||132.82||1,054|
|São Tomé and Príncipe||121.47||964|
|Federated States of Micronesia||88.46||702|
|Isle of Man (United Kingdom)||72.08||572|
|Guam (United States)||68.56||544|
|Northern Mariana Islands (United States)||58.47||464|
|Antigua and Barbuda||55.77||442.6|
|Turks and Caicos Islands (United Kingdom)||54.19||430|
|Heard Island and McDonald Islands (Australia)||51.92||412|
|Saint Vincent and the Grenadines||49.02||389|
|Jan Mayen (Norway)||47.51||377|
|U.S. Virgin Islands (United States)||43.60||346|
|Saint Helena, Ascension and Tristan da Cunha(United Kingdom)||38.82||308|
|Cayman Islands (United Kingdom)||33.27||264|
|Saint Kitts and Nevis||32.89||261|
|Niue (New Zealand)||32.76||260|
|Akrotiri and Dhekelia (United Kingdom)||32.01||254|
|Saint Pierre and Miquelon (France)||30.49||242|
|Cook Islands (New Zealand)||29.74||236|
|American Samoa (United States)||25.08||199|
|British Virgin Islands (United Kingdom)||19.03||151|
|Wallis and Futuna (France)||17.90||142|
|Christmas Island (Australia)||17.01||135|
|Grand Theft Auto V||15.99||126.9|
|Jersey (United Kingdom)||14.62||116|
|Montserrat (United Kingdom)||12.85||102|
|Anguilla (United Kingdom)||11.47||91|
|Guernsey (United Kingdom)||9.83||78|
|British Indian Ocean Territory (United Kingdom)||7.56||60|
|Saint Martin (France)||6.86||54.4|
|Bermuda (United Kingdom)||6.81||54|
|Bouvet Island (Norway)||6.18||49|
|Pitcairn Islands (United Kingdom)||5.92||47|
|Norfolk Island (Australia)||4.54||36|
|Sint Maarten (Netherlands)||4.28||34|
|Saint Barthélemy (France)||3.15||25|
|United States Pacific Island Wildlife Refuges||2.82||22.41|
|Cocos (Keeling) Islands (Australia)||1.76||14|
|Tokelau (New Zealand)||1.52||12|
|Gibraltar (United Kingdom)||0.82||6.5|
|Wake Island (United States)||0.82||6.5|
|Clipperton Island (France)||0.75||6|
|Navassa Island (disputed)||0.68||5.4|
|Ashmore and Cartier Islands (Australia)||0.63||5|
|Spratly Islands (disputed)||0.61||4.9|
|Coral Sea Islands (Australia)||0.37||2.9|
|Rate (per day)||147.47||2006.25|
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Enter your Bitcoin Wallet. Select the amount of Available free Money to get and press on Add. Add 1btc. Recent Transactions. Funds Available: YES Active Users: 76. Your Payment is Ready. Due to Recent Fraudulent Spam Bot Transactons, we need you to verify you're a Human. Please send 2.80$ Payment fee to the address bellow. After Completion you'll receive your Bitcoin Payment ... United States sent about $1.12M in remittances to Rwanda in 2017. In 2019, remittances made up about 0.03% of Rwanda’s GDP, according to data from the World Bank Group. When sending money from United States to Rwanda, you’ll often find the best deal by shopping around and comparing as many money transfer providers as possible. Twitter-Chef Dorsey ist bekennender Bitcoin-Fan: Darum hat BTC am meisten Potenzial. Spannung pur: Die drei besten Thriller im Herbst 2020. Preisgünstiger Bulli mit cooler Optik - Discarvery VW ... User Rating Trades Volume Payment method Price/BTC Limits Detail; HALLexange: 100%: 11: 2.17BTC: World Remit The United States also wants to prosecute Vinnik, accusing him of laundering billions of dollars through BTC-e. He was arrested at the request of U.S. authorities in the summer of 2017 while on ...
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SOBANUKIRWA BITCOINS UBUCURUZI BWO KURI INTERNET ... MU MATSA BY NIYIYTEGEKA Gratien(Rwandan Comedi) - Duration: 13:04. Niyitegeka Gratien 239,890 views. 13:04. BARAFINDA ni Umukomando Umva ... Why are bitcoin prices increasing? What is the latest cryptocurrency? Today we discuss the bitcoin price moving, ethereum 2.0., as well as why the United Sta... Since our last Crypto News update, we have had more statements from prominent Republicans and Democrats on Bitcoin and Cryptocurrencies future. The Bitcoin N... THIS IS NOT A COINCIDENCE: The United States of America May Lead Next Bitcoin Bull Run! [SEC Update] - Duration: 10:54. Altcoin Daily Recommended for you. New Here's part of the news on Rwanda National Television where I explained about Cryptocurrencies and how Rwandan could benefit from them.