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.
Tom Emmer, U.S. Representative from Minnesota, argued at a March 11 hearing that central bank digital currencies (CBDCs) could undermine American values by enabling unnecessary financial surveillance.
After a prolonged absence from the Indian market due to regulatory concerns, Coinbase has secured authorization from India’s financial regulator to resume its services in the country.
Yesterday, Bitcoin surged to $83,000 but quickly retraced its steps, dropping back below $80,000.
While the U.S. grapples with crypto regulations, Europe has quietly taken the lead in integrating digital assets into its banking sector.