Feb 25, 2021 Craig Wright Plans to Take Legal Action Against BTC Developers, Hopes to Recover Over $3B in Stolen Bitcoin
Craig Wright, the individual that claims to be Satoshi Nakamoto, seems to be planning to initiate legal action against a number of open-source blockchain developers. Wright’s legal team, Ontier LLP, has allegedly sent letters to programmers who work on blockchains like Bitcoin, Bitcoin Cash, and Bitcoinsv as well. The self-styled Bitcoin inventor’s legal action letters claim 111,000 bitcoin was stolen from his “computer network” back in February 2020.
Editor’s Note: This article was updated at 5:00 p.m. (EST) in order to reflect the legal action Craig Wright may face for claiming to be the owner of the ‘1FeeX’ address that is said to be associated with the notorious Mt Gox hack.
Jan 25, 2021 15:37 GMTCrypto News
XRP price has been trading sideways for the past two weeks unable to recover.
According to a popular cryptocurrency lawyer and analyst, XRP is in fact a security.
Back on December 22, 2020, the SEC filed charges against Ripple and two of its executives for allegedly conducting a $1.3 billion unregistered securities offering. XRP price plummeted and lost more than 60% of its value within a week after the announcement.
XRP price can’t seem to recover from the SEC blow
Not only did the SEC charge Ripple, but most popular US-based exchanges have delisted XRP or halted trading. These announcements also caused XRP price to drop even lower reaching a local bottom of $0.173 on December 29, 2020.
Jan 25, 2021 18:52 GMTCrypto News
Crypto lawyer Stephen Palley affirms Ripple is a security while XRP price struggles to recover
Back on December 22, 2020, the SEC filed charges against Ripple and two of its executives for allegedly conducting a $1.3 billion unregistered securities offering. XRP price plummeted and lost more than 60% of its value within a week after the announcement.
Ethereum Price Prediction: ETH eyes $3,000 as network activity explodes and scarcity grows
Ethereum has finally hit a clear new all-time high across all exchanges, and it’s currently under a healthy consolidation period. Over the past week, Ethereum’s dominance over the market increased from 13% to 17%, while Bitcoin lost close to five percentage points.
Following the SEC's lawsuit against Ripple, Coinbase has been sued by the California federal court for illegal XRP sales. Coinbase has recently applied to