"Mr. Wright now not only needs to prove that he owns the bitcoin for the claim to proceed, he must also pay security for the developers’ costs of doing so,"…
Lawyers for 12 developers told the UK High Court that the company, Tulip Trading, never owned the 111,000 bitcoin it is trying to claim. The company, the developers allege, has…
The claim alleges that the developers owe "fiduciary duties" and "duties in tort" to re-write or amend protocol code in order to give Wright access to 111,000 bitcoin (BTC) from…
“Imagine someone stole something from you. You can't get it back, but if you could, if it had a kill switch that could be remote[ly] triggered, would you do it?”…
As GQ Australia’s Stuart McGurk summarized O’Hagan’s findings, nCrypt had agreed to “buy up [Wright’s] companies and settle his debts,” including huge debts to the Australian Taxation Office. “In return,…
