Monday, November 4, 2024
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Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct in Ira Kleiman case, U.S. Judge Says

Magistrate Judge Bruce Reinhart issued the ruling as a case grinds on between Wright, who claims to be Satoshi Nakomoto, the pseudonymous author of the 2008 Bitcoin white paper, and Ira Kleiman, who claimed rights to crypto he said was mined by his late brother David. Source

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IRA Financial Trust to sue Gemini over $36M crypto assets exploit back in February

On Monday, IRA Financial Trust, a platform providing self-directed digital asset retirement and pension accounts, filed a lawsuit against cryptocurrency exchange Gemini for alleged negligence in safeguarding customers' digital assets during a critical exploit. The firm's client accounts were held in Gemini's custody. On February 8, a breach led to

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Drained Crypto Accounts at IRA Financial Leave Victims Searching for Answers

“Although our investigation remains ongoing, the facts discovered to date indicate that transfer requests were made by utilizing properly authenticated accounts controlled by IRA Financial Group, which were used to execute asset transfers to another account,” the firm wrote late Sunday night. “At the time, these requests complied with IRA’s

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