Changpeng Zhao, the co-founder and CEO of major cryptocurrency exchange Binance publicly expressed distrust towards self-proclaimed Bitcoin (BTC) creator and Bitcoin SV (BSV) founder Craig Wright. In a tweet published on Feb. 24, Zhao explicitly said that Craig Wright “is a fraud.” He also seemingly recommended not to invest in Bitcoin SV: “Investing in a fraud never ends well.” In April 2019, Zhao’s exchange delisted Bitcoin SV after Wright took legal action against a Twitter user that said he is not Satoshi Nakamoto. The exchange cited “evidence of unethical/fraudulent conduct” among the reasons for the delisting. Wright’s claims are met …

Craig Wright, who claims to be the Bitcoin creator known as Satoshi Nakamoto, has warned the Bitcoin (BTC) and BCH to stop using the Bitcoin database in order to avoid potential lawsuits. He claims that both networks may also violate the laws under the terms of Bitcoin’s original EULA and MIT License. The man behind Bitcoin SV in the recent personal blog post added that he is going to take back control of the system he created, and is ready to fight for his rights this year. Craig Wrights’ main argument Wrights argues that the distributed Bitcoin database rights are …

Captain Kirk seems unconvinced that the Australian computer scientist Craig Wright is the inventor of Bitcoin (BTC). William Shatner, the Canadian actor that played Captain Kirk in the original Star Trek series, suggested that Wright is not behind the pseudonym Satoshi Nakamoto — the seminal cryptocurrency’s creator. In a tweet on Feb. 11, Shatner said: “Ask yourself why would someone claim to be Satoshi and offer zero proof? Either put up or shut up, right?” The discussion started after a Twitter user answered Shatner's announcement of having been at a cryptocurrency event by expressing the hope that “fake Satoshi wasn’t …

The counsel for the estate of Dave Kleiman has accused self-proclaimed “Satoshi Nakamoto” Craig Wright of abusing attorney client privilege to withhold documents and confuse trial proceedings. On Feb. 2, plaintiff Ira Kleiman — the late Dave Kleiman’s brother and personal representative of the estate — filed a memorandum challenging Craig’s privilege designations with the United States Southern District Court of Florida. The memorandum is the latest turn in an ongoing litigation saga over Wright’s alleged misappropriation of over a million Bitcoin (BTC) that he and Kleiman ostensibly jointly mined in the early years of the cryptocurrency between 2009 and …

Bitcoin SV (BSV) performed a scheduled upgrade named Genesis on Feb. 3. As most nodes have not yet updated, this resulted in a minor chain split where two versions of BSV exist. As reported by BitMEX Research, the upgrade occurred at block height 620,538, or about 8:30 PM EST. The subsequent block was considered invalid by old rules, signaling the hard fork. About one quarter of all blockchain nodes are still on the old version, meaning that these cannot synchronize to the main chain. Furthermore, a chain split occurred several hours later. The old chain was extended by one block, …

It has been over a year since Australian computer scientist Craig Wright proclaimed himself as the inventor of Bitcoin (BTC), and the estate of his late business partner, Dave Kleiman, became clinched in litigation over the fruits of the duo’s collaboration in the inaugural years of the cryptocurrency era. The stakes include billions worth of Bitcoin as well as ownership of blockchain-related intellectual property. Mainly because of what the magistrate judge overseeing the case called Wright’s “willful and bad faith pattern of obstructive behavior,” the pretrial process devolved into a messy barrage of mutual admonitions and complaints where even the …

Speaking with Cointelegraph’s video team on Jan. 20, Satoshi-claimant Craig Wright remained confident that he will get access to the Bitcoin fortune he famously claims to be locked up in the Tulip Trust. Access to the Tulip Trust Regarding the controversial Tulip Trust, and his ultimate ability to access his reported bitcoin fortune, Wright told Cointelegraph: “I’m 99.9999 and a few more 9s percent certain that I will be taking control of my BTC and whatever else.” Craig Wright is one of the more famous of the many people to claim to be Satoshi Nakamoto, the pseudonymous author (or authors) …

Controversial altcoin Bitcoin SV (BSV) has crashed 17% overnight after its main proponent failed to prove he has access to $9 billion in Bitcoin (BTC). Data from Coin360 and Cointelegraph Markets confirmed a difficult 24 hours for BSV holders, who saw huge gains over the past week as Craig Wright’s court case delivered fresh revelations. Wright evidence “did not include” BTC keys After Wright had promised to prove he was the controller of funds linked to Bitcoin creator Satoshi Nakamoto, BSV — the hard fork of BTC he claims is the “real” Bitcoin — shot up to all-time highs of …

The origin and destination of the funds at first remained unknown. The transaction followed fresh developments in the court case involving Craig Wright, the Australian computer scientist who claims to be Bitcoin inventor, Satoshi Nakamoto. As Cointelegraph reported, Wright now says he can prove ownership of 1 million BTC ($8.6 billion). Available evidence nonetheless suggests he has only divulged publicly available information and has not proven ownership of the given private keys. Against a backdrop of uncertainty surrounding Wright, fears were already palpable about a major selloff impacting the Bitcoin price. A fake tweet from Whale Alert purportedly showing a …

UPDATE 1/15/19 1730 UTC: This article has been modified to reflect the fact that the recent filing refers to Wright having provided a list of wallet addresses rather than the private keys that would give him access to their contents. Craig Wright, the polarizing figure who may or may not be Satoshi Nakamoto, is today telling the court that he has received the public keys associated an $8.9 billion crypto fortune called the Tulip Trust. Some background on what that means: Wright was a business partner to one David Kleiman, and they mined a lot of Bitcoin together back when …

A United States District Judge has ruled that a previous sanction ordering Craig Wright to give up half of his Bitcoins to the estate of Dave Kleiman will not stand. U.S. Magistrate Judge Bruce Reinhart’s delivered the sanction ruling last August in the long-standing court battle over an alleged 1.1 million Bitcoins which were mined by Wright and Kleiman in partnership in the early days of Bitcoin, shortly after Wright claims he invented it. According to court documents filed with a U.S. district court in Florida on Jan. 10, Judge Beth Bloom ruled that Reinhart’s earlier sanction order was not …

On Christmas Eve, Crypto Claus did his rounds after checking the list to see who was naughty and nice. But who got some lovely presents after making a positive impact in 2019 — and who got coal for setting the industry back? Here, we take a look at the people and businesses who have had a year to remember — and those who have had a year to forget. The naughty list Some crypto players were resigned to getting coal rather early on in 2019. Right at the start of the year, John McAfee suddenly announced he was fleeing the …