Block head Jack Dorsey’s new legal fund for BTC developers who refuse to honor their fiduciary obligations will push the corrupted Bitcoin protocol even further down the road to anarchic illegality.
The investors also sued former NBA star Paul Pierce who also promoted Ethereum Max, which has lost 97% of its value since the celebrities posted ads on social media.
With proceedings lasting over a month, the Bitcoin Trial of the Century did not disappoint. And there was no better view than the one from the gallery where CoinGeek reporters watched the action happen.
The proposal was submitted to the Bitcoin developer mailing list by Dorsey, Alex Morcos of Chaincode Labs and blockchain academic Professor Martin White, apparently the Fund’s three board members.
Ira Kleiman and his attorneys have filed a motion for a new trial in their case against Dr. Craig Wright following their multi-billion dollar defeat back in December.
A juror in the recent Kleiman v Wright trial has revealed details of the jury’s deliberations ahead of the verdict handed down earlier this month.
CoinGeek's Chief Bitcoin Historian Kurt Wuckert Jr. had the opportunity to sit down with lawyers Andres Rivero and Amanda McGovern to talk about the Kleiman v Wright case.
Aside from ruling that the contract was invalid as mining is illegal in the country, the court also turned over all records in the case to national authorities so they could shut down the mining operation.
The trial of the century ended earlier this month with Dr. Craig Wright emerging victorious, but it may not be the most defining court trial for Bitcoin, according to T.K. Coleman.
Block, if it's allowed to keep that name, could soon find itself competing in court over the name "Bitcoin," which forms the most public and best-known aspect of its blockchain-related businesses.
Kitco News interviewed CoinGeek’s Chief Bitcoin Historian Kurt Wuckert Jr. to find out more details about the Kleiman v Wright trial and what it means for Bitcoin and the world.