LONDON (Reuters) - An Australian computer scientist who claimed he invented bitcoin lied "extensively and repeatedly" and forged documents "on a grand scale" to support his false claim, a judge at London's High Court ruled on Monday.
Craig Wright had long claimed to have been the author of a 2008 white paper, the foundational text of bitcoin, published under the pseudonym "Satoshi Nakamoto".
But Judge James Mellor ruled in March that the... (continue reading...)
LONDON (Reuters) - A Russian man who had his hair dyed in some of the colours of the Ukrainian flag has been fined 50,000 roubles ($553) by a court for "discrediting" the Russian army, independent news outlet Mediazona reported on Monday.
Photographs of Stanislav Netesov posted online show the 25-year-old's close-cropped hair coloured bright blue, green and yellow. Blue and yellow are the colours of the Ukrainian flag.
More than 20,000... (continue reading...)
WASHINGTON (Reuters) - Senate Banking Committee Chairman Sherrod Brown called for new leadership at the troubled Federal Deposit Insurance Corporation Monday, urging President Joe Biden to immediately nominate someone to replace current Chairman Martin Gruenberg.
In a statement, Brown said there must be "fundamental changes" at the agency, after an external review found sweeping reports of employee mistreatment and sexual harrassment. He said he wanted... (continue reading...)
By Parisa Hafezi
DUBAI (Reuters) - Iran proclaimed five days of mourning for President Ebrahim Raisi on Monday, though the muted atmosphere revealed little of the spectacular public grief that has accompanied the deaths of other senior figures in the Islamic Republic's 45-year history.
While government loyalists packed into mosques and squares to pray for Raisi and Foreign Minister Hossein Amir Abdollahian, both killed in a helicopter... (continue reading...)
BRASILIA (Reuters) - Brazil's central bank announced on Monday that it has decided to divide the process of regulating crypto-assets and virtual asset service providers into phases, with regulatory proposals expected by the end of this year.
The decision effectively delays the completion of the process following a 2022 law on the subject, which paved the way for subsequent regulation by the central bank.
In a congressional hearing last... (continue reading...)
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