Category: Miami

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Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial

Jurors in the Kleiman v. Wright trial are currently unable to come to a decision on the high-profile billion-dollar bitcoin lawsuit in Florida. While the judge has told the jury to take time deliberating the case, on Wednesday, the jurors issued a statement that explained they could not “come to a conclusion.” Kleiman v. Wright…
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Jury to Decide Fate of Billion-Dollar Bitcoin Lawsuit Involving Craig Wright

On Tuesday, November 23, the closing arguments for both sides of the Kleiman v. Wright trial finished and now ten jurors will decide the fate of the billion-dollar bitcoin lawsuit. While Craig Wright claims he’s Satoshi Nakamoto, he also insists the now-deceased Dave Kleiman did not help with the creation of Bitcoin. The plaintiffs are…
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Law Decoded: Which currency is the paycheck of your city’s mayor in? Nov. 1–7

The infrastructure bill has passed, much to the crypto community’s chagrin, yet the key battles lie ahead. Even though crypto has long attained relevance as an independent political issue, at times it gets entangled with the broader dynamics of the political process. The notorious infrastructure bill — a major pillar of the Biden administration’s economic…
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Tampa mayor to accept pay in Bitcoin — Report

The news came mere days after Miami Mayor Francis Suarez announced that he’s going to take his next paycheck entirely in BTC. Jane Castor, the mayor of Tampa Bay, Florida, has announced that she will begin accepting her paycheck in Bitcoin (BTC), according to multiple sources who attended Florida’s Bitcoin & Blockchain Summit. Castor made…
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NY Mayor-elect Eric Adams will take his first three paychecks in Bitcoin

The Mayor-elect said he plans to make New York the “center of the cryptocurrency industry” after he takes office in January. New York Democrat Mayor-elect Eric Adams revealed on Twitter today he intends to take his first three paychecks in Bitcoin. Adams also doubled down on his plans to make New York the “center of…
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NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate

“I look forward to the friendly competition in making our respective cities a crypto capital,” said recently re-elected Miami Mayor Francis Suarez. Newly-elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin (BTC). In a Thursday response on…
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Crypto at the polls: Eric Adams wins NYC mayoral race

Adams beat out Republican Curtis Sliwa — also a pro-crypto candidate — to become the next mayor of New York City with 72.8% of the vote. Democrat Eric Adams, who said he planned to make New York City “the center of Bitcoins” if elected mayor, has won his race against Republican Curtis Sliwa. Following the…
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Miami mayor plans to accept first paycheck entirely in Bitcoin

The mayor said he would prefer to use an app like Bitwage or Strike rather than having the local government convert his fiat paycheck into crypto. Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin. In a Tuesday Twitter post, Suarez…
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The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami

On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While Bitcoinsv proponents and Wright’s fans believe the…
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MiamiCoin generated $2K every 10 minutes for the city, says mayor

Miami’s mayor believes that if city-specific cryptos succeed, it would mean residents “won’t have to pay a cent in tax.” Miami Mayor Francis Suarez has been celebrating the success of a recent initiative to fund municipal projects through the proceeds of a city-specific crypto protocol built atop the Bitcoin (BTC) blockchain. On Sept. 13, Miami’s…
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