Craig Wright, the renowned computer scientist who asserts he is Satoshi Nakamoto, founded Bitcoin SV in 2018, branding it as the genuine Bitcoin, with "SV" denoting "Satoshi Vision."
After a summer legal setback against the Crypto Open Patent Alliance (COPA), he has launched a new lawsuit against Bitcoin Core and Jack Dorsey, co-founder of Twitter and Square, without any legal representation.
Wright claims they have misrepresented Bitcoin (BTC) as the true cryptocurrency, demanding nearly £1 billion from Dorsey’s Square and Bitcoin Core developers.
In a recent tweet, he hinted at the possibility of suing MicroStrategy and its co-founder Michael Saylor, who is well-known for promoting Bitcoin.
Wright criticized shareholders, suggesting they are unaware of the risks associated with Saylor’s leadership, which he believes could jeopardize their investments.
The final days of July could bring critical developments that reshape investor sentiment and influence the next leg of the crypto market’s trend.
Tyler Winklevoss, co-founder of crypto exchange Gemini, has accused JPMorgan of retaliating against the platform by freezing its effort to restore banking services.
Renowned author and financial educator Robert Kiyosaki has issued a word of caution to everyday investors relying too heavily on exchange-traded funds (ETFs).
The classic four-year crypto market cycle—long driven by Bitcoin halvings and boom-bust investor behavior—is losing relevance, according to Bitwise CIO Matt Hougan.