MEV Boost ‘Fraud’ Case Ends In Mistrial As Jury Fails To Reach Verdict – Details

The court battle over 1.1 million Bitcoin is at a standstill as the jury in the case has been deadlocked for days. The court case between Australian Craig Wright and the estate of his now deceased friend David Kleiman over legal rights to tens of billions of dollars worth of Bitcoin mined by Satoshi Nakamoto could end in a mistrial if jurors remain deadlocked.Wright claims he used the pseudonym Satoshi Nakamoto when he invented Bitcoin. The case being deliberated began in 2018 when the estate of his associate Kleiman sued him on the grounds the pair were partners who'd invented and mined....

Accused Silk Road mastermind Ross Ulbricht has been found guilty on all charges on the first day of jury deliberations. Ulbricht, alleged by the US government to be the so-called Dread Pirate Roberts behind the now-defunct online black marketplace, was ruled guilty on a total of seven charges, which include narcotics trafficking on the Internet, conspiracy to commit money laundering and computer hacking. The jury received initial instructions on 4th February, and reached a verdict after three and a half hours of deliberation. The verdict marks the beginning of a new phase in Ulbricht's....

The Bitcoin Photo Contest, a bit4coin-sponsored initiative to improve bitcoin's image and expand bitcoin's graphic representation, moves into its next phase this week as the regular voting phase ends on Oct. 15 and 50 images go to a jury for the final vote. The 50 images selected will include the 25 that get the most viewer tips and 25 that get the most viewer votes by Oct. 15. Each jury member can vote on up to five images, independent of regular viewer votes. Viewers can see the submissions here. Bit4coin is an Amsterdam, Netherlands-based bitcoin exchange. 200 Artists Win 5,000 Likes.....

Following the conclusion of the trial of Ross Ulbricht, the government revealed what the Ulbricht's defense had already known (but was barred from discussing during the trial), that two of the US government agents who gathered much of the evidence that convicted Ulbricht, the Secret Service's Shaun Bridges and the DEA's Carl Mark Force IV, were being indicted for stealing a great deal of Ulbricht's horde of bitcoins. Prior to the jury verdict, such information could easily have contributed to a doubtful jury or even a bias toward jury nullification amongst jurors. Of course, this....

Once again, the question of whether digital assets constitute securities is under question. A Connecticut Jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict. GAW Miners investor Stuart Fraser was cleared of liability in a fraudulent operation co-opted by ZenMiner LLC on Nov. 1. "It's the first case that we know of where a jury addressed whether cryptocurrency products were securities," one of the defendant’s representatives, Daniel Weiner from Hughes Hubbard & Reed LLP, told Law360. The case against GAW....