Bitcoin pioneer and software engineer Jeff Garzik has been subpoenaed by a District Court of The United States related to a $4 billion lawsuit against Craig Wright according to a document that Garzik posted on social media about which we are reading more in today’s bitcoin news.
The lawsuit was first filed in February 2018 with the US District Court of The Southern District of Florida with David Kleiman’s family who is a computer scientist and it is believed to have been one of the bitcoin developers who claimed that Craig Wright stole up to 1 million bitcoins after he passed away.
After Kleiman’s death in 2013, Wright who claims to be the creator of Bitcoin or known as Satoshi Nakamoto, also claimed that he wanted to help dispose of his Bitcoin fortune. Kleiman’s family on the other hand, strongly believes that Wright didn’t return the funds he claims he disposed of.
The official complaint shows that Wright ‘’forget a series of contracts that purported to transfer Dave’s assets to Craig and/or companies controlled by him. Craig backdated these contracts and forged Dave’s signature on them.’’
Wright later requested from the court to dismiss the lawsuit against him but the court, however, rejected his request. The documents from the court confirm that ‘’The Court finds that plaintiffs have sufficiently alleged a claim for conversion.’’
The subpoena demands that Garzik appears in court and to provide any relevant evidence to the theory that Kleiman was actually Satoshi Nakamoto. Also, the subpoena requests from Garzik to provide all documents, agreements and communications data related to Kleiman and Wright.
Additionally, it is also requested from Garzik to provide more relevant information concerning Bitcoin mining between the period of January 1, 2009, and April 2013, provide documents related to the Silk Road affair, Mt.Gox, Liberty Reserve and the Prometheus Project. The subpoena goes further to ask for communications data between the cryptographer Ian Grigg who is a CEO at the Centre for Strategic Cyberspace, Richard Zaluski, and the bitcoin investor Roger Ver.
While commenting on the identity of the bitcoin creator, Garzik was quoted saying:
“My personal theory is that it’s [Satoshi Nakamoto] Floridian Dave Kleiman. It matches his coding style, this gentleman was self taught. And the Bitcoin coder was someone who was very, very smart, but not a classically trained software engineer.”
Binance Enables Australian Users To Buy BTC At 1,300 Newsstands
‘’Binance Lite is a simple site for users to easily buy bitcoin with cash at physical store fronts. This model makes it really easy to bring new users into crypto, starting with Australia, where the government has taken proactive steps to support the blockchain industry. Users won’t have to open complicated online accounts to start using the service.’’The crypto market in Australia was a little behind than other markets in the world such as South Korea or Singapore because the banks didn’t support the crypto businesses in Australia. Back in 2017, during the strongest crypto rally, reports show that the larger Australian banks closed the accounts on multiple crypto investors. However, starting last year, the government of Australia began its proactive approach in regulating the crypto space and the blockchain industry so the investors are now hopeful that they could improve the market in the long run. Zhou also said that more than $5 billion in crypto was traded in crypto in 2018 in Australia and that since then the government is funding blockchain startups and companies by issuing bonds on the blockchain. The government has also started to accept crypto on airports such as the airport in Brisbane and even held a voting trial on the blockchain. He finished his interview by saying:
“Binance Lite also completes a comprehensive value chain for the Binance ecosystem in Australia. For example, users can show their friends how to buy bitcoin from Binance Lite stores, immediately load it up onto Trust Wallet on their phones, and go on to spend this bitcoin in shops accepting bitcoin payments through TravelbyBit, the payments startup Binance invested in last year.’’
Binance: Australians Can Now Buy Bitcoin With Cash From 1,300+ High-Street Stores
“Binance Lite Australia further expands digital currency adoption by providing easier ways to buy bitcoin. We are excited to continue to roll out more fiat to crypto gateways around the world to support the growth of our industry. We firmly believe that more adoption will lead to more innovation and more economic opportunities.”The account verification will occur on www.binancelite.com - and after that - users can deposit cash at the nearest Newsagent stores to receive crypto within minutes. Binance Lite Australia was designed as simple and easy to use and it sstate-of-the-art order processing technology guarantees maximum safety. Binance recently integrated the credit card payments on Binance.com and launched the fiat-to-cryptocurrency exchange (January 2019) with zero deposit fees - becoming one of the lowest priced exchanges for trading with Euros, British pounds and BTC and ETH. The fiat gateways also included the Binance Uganda, another exchange which supports the trading of Ugandan Shillings for cryptocurrency.
“Australia has been at the forefront of blockchain innovation, and we hope Binance Lite Australia can play a role to help further this cause,” Zhou concluded.
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