Australian computer scientist Craig Wright must pay a £400,000 ($516,000) bond for legal costs to pursue claims against cryptocurrency exchanges Coinbase and Kraken. He claims to be the blockchain innovator Satoshi Nakamoto and has the basic concepts of Bitcoin. Judge James Mellor of the High Court of England and Wales said he did not believe Wright could afford legal costs, pointing to allegedly inconsistent statements about Wright's finances in a previous judgment issued on Tuesday. Me...

Australian computer scientist Craig Wright must pay a £400,000 ($516,000) bond for legal costs to pursue claims against cryptocurrency exchanges Coinbase and Kraken. He claims to be the blockchain innovator Satoshi Nakamoto and has the basic concepts of Bitcoin. Judge James Mellor of the High Court of England and Wales said he did not believe Wright could afford legal costs, pointing to allegedly inconsistent statements about Wright's finances in a previous judgment issued on Tuesday. Me...

The U.S. Commodity Futures Trading Commission (CFTC) has charged a couple with allegedly defrauding more than 100 people using a crypto asset commodity pool dubbed "Blessings of God Thru Crypto." Michael Griffis and Amanda Griffis, owners of a real estate firm in Clarksville, Tennessee, raised more than $6 million by falsely claiming to trade digital asset commodity futures contracts by raising funds from colleagues and clients, the CFTC said in a statement Tuesday. The CFTC said: "Defendants...

The U.S. Commodity Futures Trading Commission (CFTC) has charged a couple with allegedly defrauding more than 100 people using a crypto asset commodity pool dubbed "Blessings of God Thru Crypto." Michael Griffis and Amanda Griffis, owners of a real estate firm in Clarksville, Tennessee, raised more than $6 million by falsely claiming to trade digital asset commodity futures contracts by raising funds from colleagues and clients, the CFTC said in a statement Tuesday. The CFTC said: "Defendants...