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Self-proclaimed Bitcoin creator Craig Wright will reportedly face a number of civil sanctions after incorrectly filling out a financial disclosure statement related to a 2021 Legal battle with the estate of his late business partner, reports Coindesk. Wright was ordered to pay a total of $143 million in damages to the estate of Dave Kleiman after a court found the Australian entrepreneur guilty of conversion — that’s passing off somebody else’s property or idea as your own. In this case, the claim related to unspecified intellectual property that Wright took from W&K Info Defense Research, the company he and Kleiman founded in 2011. Jury sides with Craig Wright in $200B Bitcoin case but he still owes $100M Read more: Craig Wright claims no bank account but uses credit card for $38K living costs As part of the ongoing dispute, Wright was required to comply with a Compulsion Order and fill out a financial disclosure form by April this year. This form is required to build

Binance, a renowned cryptocurrency exchange, is embroiled in controversy as recent reports suggest a possible helping hand to Russia amidst Western sanctions. The story unravels with connections to blacklisted Russian lenders, contradicting public statements, and the shifting regulatory landscape. As dawn breaks over the world of crypto, murmurs seep into daylight, revealing stories that could shape the industry’s narrative. And as it happens, Binance, one of the juggernauts of the crypto world, finds itself at the heart of a contentious debate. According to a Wall Street Journal report from Aug. 22, Binance seems to be processing transactions for not one, but at least five Russian lenders — lenders that have felt the cold shoulder from Western powers.  It is crucial to underline that this isn’t about everyday citizens seeking financial avenues. Rather, this is about individuals entrenched in power and wealth — the very beneficiaries of the war and individuals who are central to P