Fake Bitcoin Creator Craig Wright Sentenced to One Year in Prison
Craig Wright, the man who controversially claimed to be the creator of Bitcoin, has been sentenced to one year in prison for contempt of court. The sentence stems from a $1.2 trillion lawsuit he filed against Block, the company founded by Twitter’s Jack Dorsey. Wright, an Australian entrepreneur, gained attention in 2016 when he publicly […]
Hailey Welch Faces Legal Trouble Over Hawk Tuah Cryptocurrency Project
Social media influencer Haliey Welch is at the center of a legal battle over her Hawk Tuah crypto venture, as reported by Newsweek. Known widely as the “Hawk Tuah Girl,” Welch is facing accusations related to her meme coin project, which saw its value plunge by 95% within hours of launch. The token, introduced earlier […]
Bitcoin and Crypto Markets Drop Following Fed’s Rate Cut Projections
Crypto markets experienced another downturn on Thursday, extending the sharp declines that began on Wednesday after Federal Reserve Chair Jerome Powell dampened expectations for interest rate cuts in 2024. Bitcoin (BTC) briefly attempted to regain the $100,000 mark earlier in the day but fell back to the low-$97,000 range during U.S. trading hours. It managed […]