Rajarshi Mitra
Independent Analyst
- Craig Wright, the controversial Satoshi Nakamoto candidate, addressed the allegations about him hacking the Mt. Gox exchange.
- Wright affirms he didn’t hack the exchange and he owns 80 BTC on the “1Feex” address associated with the hack.
- BSV/USD bears remain in control for the second straight day.
Craig Wright, the self-proclaimed Satoshi Nakamoto, recently addressed the long-standing allegations about him hacking the Mt. Gox exchange. A few days back, Ricardo Spagni, lead maintainer of Monero (XMR) privacy coin, publicly released court documents suggesting Wright’s affiliation with an Mt. Gox-related Bitcoin wallet known as “1Feex.”
An excerpt from one of the document reads:
Just so we’re clear, Craig Wright has just openly admitted (via his lawyers) to be the guy that stole 80k BTC from Mtgox.
Following this, Wright’s lawyers clarified that Wright owns the 80 BTC on the “1Feex” address, which has been linked to the Mt. Gox hack. According to a recent Cointelegraph report, Wright noted that he bought the Bitcoin stored in the 1Feex wallet back in February 2011 and it was later transferred into the mentioned address in March.
Wright said that the only evidence presented as part of the allegations is “a purported Skype chat between Mark Karpeles and Jed McCaleb, but that document is only a text file rather than a validated Skype log.” According to him, no other credible evidence from Mt. Gox has been presented. He further emphasized that Mark Karpeles has been convicted of manipulating company records before.
As per the new statement, the 1Feex BTC transaction was not reported to the police between March 2011 and Mt. Gox’s breakdown in 2014, “nor did Mt. Gox make any attempt to recover that bitcoin.” Wright finds this suspicious as the alleged Skype document suggests that Karpeles would have known that the missing crypto was stored in the 1Feex address.
Wright closed his statement by offering anyone “including the liquidators of Mt. Gox,” to contact his lawyers if they want to claim ownership of the said Bitcoin.
BSV/USD daily price chart
-637280511197364594.png)
BSV/USD keeps trending in a downward channel formation. The price has dropped from $175.58 to $174.65 in the early hours of Thursday. The bulls will want to take over the $177.75 resistance level to restart upward momentum.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Worldcoin Price Prediction: Is WLD done with uptrend after 77% rally?
Worldcoin has paused its uptrend as it currently trades at $1.57. This move comes after the altcoin rallied a whopping 77% in just three days, between September 13 and 16. As WLD hovers aimlessly, investors need to be patient to catch the next volatile move.
Ethereum whales prepare ahead of futures Ethereum ETF approval on October 2
Ethereum (ETH) price is likely going to witness a massive spike in volatility soon due to the circumstances surrounding the approval of the token’s futures Exchange-Traded Fund (ETF). According to Twitter users, the ETF is likely going to be approved on October 2.
Ripple Price Forecast: Declining network growth and underwater XRP holders suggest more downside for XRP price
Ripple (XRP) price shows a lack of buying pressure after its win against the US Securities and Exchange Commission (SEC) on July 13. Since then, the remittance token has been on a downtrend. Considering Ripple’s current position, a further decline would not be surprising.
Chainlink Price Prediction: LINK bears set to wipe 25% gains
-637336005550289133_XtraSmall.jpg)
Chainlink price shows an exhaustion of the bullish momentum as it approaches a key reversal zone. This development could see LINK trigger a steep correction that could undo recent gains.
Bitcoin: BTC downside likely after 20-week EMA culls bulls
Bitcoin (BTC) bearish price fractal, as discussed in a previous article, is underway, but the lack of volatility is causing ambiguity and doubt. Regardless, BTC might see a bit of an upside before the long-term bearish scenario plays out.