It would seem that if you run a cryptocurrency exchange, like Coincheck in Japan, and allow millions of dollars worth of cryptocurrency to be stolen from digital wallets, folks will be a bit upset about that and sue for the losses. Whodathunkit? Interestingly enough, Coincheck verified the losses due to hacking and made commitments to its exchange users that it would eat the loss and return the money to its clients, but that seems to have not happened yet, and many are wondering if Coincheck is even in a position to do so.

On that note, Bitcoin (BTC) looks to be leveling off after gaining a good bit of value over the last couple of weeks.



In other crypto news, Craig, one of the men at the center of Bitcoin’s invention is being sued for $10B for stealing assets from Dave. It seems as though Craig did not think Dave’s family would notice the missing $10 BILLION worth of BTC.

Recognizing that Dave’s family and friends weren’t aware of this, Craig perpetrated a scheme against Dave’s estate to seize Dave’s bitcoins and his rights to certain intellectual property associated with the Bitcoin technology. As part of this plan, Craig forged 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.

Discussion

Source: [H]ardOCP – Cryptocraze Stories of the Day