Features Crypto News by Thebittimes.Com

Craig Wright says autism and Christmas plans should keep him out of court Craig Wright argued that his high-level autism and Christmas schedule should prevent him from attending a December court session after he was accused of contempt of court in a legal application filed today by COPA.  BitMEX Research covered the hearing where Bird and Bird filed its claim on behalf of the Crypto Open Patent Alliance (COPA). The law firm argued that Wright has breached his injunction after he removed an online notice and launched his lawsuit against Jack Dorsey’s Square Up and BTC Core.  On top of this, COPA wants to stay Wright’s lawsuit, halting the relevant court proceedings until the contempt of court filing is settled.  Craig Wright lawsuit made 184 ‘twisted and incoherent’ claims, say analysts Read more: Craig Wright files lawsuit against BTC Core and Square without barrister COPA lawyer Jonathan Hough claimed, “It’s wrong in principle to hid...

Top10 News 1. Crypto lender BlockFi files for Chapter 11 bankruptcy link BlockFi filed for Chapter 11 bankruptcy protection and has laid off a large portion of its staff, given its hefty exposure to FTX. According to BlockFi’s bankruptcy filing, it has over 100,000 creditors with assets and liabilities ranging from $1 billion to $10 billion. Its largest creditor is trust company Ankura, which owes it $729 million and is the trustee of BlockFi’s interest accounts; its second largest creditor is FTX US, which owes it $275 million. 2. European Parliament to hold an FTX hearing link According to Circle’s Senior Director for EU Government Affairs, this week the European Parliament will hold a hearing on FTX, which may include questions about the causes of the collapse of FTX, fraud and misappropriation in FTX, and more. However, European users have not been affected much by the FTX crash. The MiCA, which will impose comprehensive regulation on crypto markets, will be in place by mid-2023...