Daily fraud update: 26th May

Chris Lee

Craig Wright labelled a fraud – again

A man who claims to be the anonymous founder of Bitcoin has found himself in hot water over the claims once again.

Craig Wright’s many claims to be Satoshi Nakamoto have been criticised over the years.

However, the most recent twist in the tale has left many crypto traders accusing him of being a “fraud”.

Wright is currently embroiled in a court case with the brother of his now-deceased business partner.

Last week, plaintiffs in this case made a list of bitcoin addresses that Wright supposedly operates public – though this was later described as an accident.

However, it gave those who wish to call Wright a fraud an opportunity to do so.

Almost 150 of the addresses were then used to sign off on a message stating that Wright was a fraud – indicating that Wright’s claims to possess and operate the addresses were untrue.

It remains unclear who the definite author of the message was, though it appeared to make a number of specific claims.

“Craig Steven Wright is a liar and a fraud. He doesn’t have the keys used to sign this message,” it read.

“The Lightning Network is a significant achievement. However, we need to continue work on improving on-chain capacity.

“Unfortunately, the solution is not to just change a constant in the code or to allow powerful participants to force out others.”

It added: “We are all Satoshi.”

The plaintiffs later took the list back under wraps, though it could still be accessed on some websites afterwards.

Wright, who is Australian, is stuck in a court case with Ira Kleiman, who is the brother of Wright’s ex-business partner David Kleiman.

Ira Kleiman is claiming a sum of around half of the bitcoin that his brother and Wright apparently mined when the currency first came into existence.

He also wants intellectual property rights.

However, the next step is for Wright to demonstrate that he possesses the key to the assets.

Indian teacher scammed in forex fraud case

A teacher from India has fallen victim to a foreign exchange scam, press in the country are reporting.

The man, who has been named as Kalpesh Patel, is understood to have filed a complaint at a police station over the weekend.

He is understood to come from the city of Karjan, which is located in the state of Gujarat.

He claims to have been approached over the telephone at some stage last year by a person going by the name of ‘Vikas Bhatt’.

This person allegedly attempted to link themselves to some company names such as ‘Binomo Trading’ and ‘Digitex Network Pvt Ltd’.

The alleged victim then went ahead and invested a significant amount of cash on the basis that he was going to receive a return of 10% or more.

Overall, it is understood that he invested a figure of around Rs 1.32 lakh, which has not been returned.


Chris Lee

Latest news

NZDUSD Daily – Bears back on the battlefield?
Written on 28/09/2020 by Theunis Kruger, FX Trainer at FXTM NZDUSD on the D1 time-frame was in an extended uptrend until the 18th of September when a higher top was recorded at 0. Read more
EUR/JPY Could Face 124.43 Next, 125.00 Level in Focus
The pair containing the single European currency and the Japanese yen has been in the spotlight for various reasons recently. Read more

Safest Forest Brokers 2020

Broker Info Best In Customer Satisfaction Score
#1 ForexTime LogoYour capital is at risk Founded: 2012 Global CFD and FX broker
Number One Broker
Best FOREX BROKER Visit broker
5
#2 Your capital is at risk Founded: 2012 Global Forex Broker
Number One Broker
Best Trading App Visit broker
5
#3 Forex Broker Pepperstone LogoYour capital is at risk Founded: 2010 Global Forex Broker
Number One Broker
Low minimum deposit Visit broker
4.9
#4 Your capital is at risk Founded: 2006 Globally regulated broker
Number One Broker
BEST CUSTOMER SUPPORT Visit broker
4.9
#5 BlackBull MarketsYour capital is at risk Founded: 2014 Global Forex Broker
Number One Broker
BEST SPREADS Visit broker
4.8

    Forex Fraud Certified Brokers

    Pepperstone
    ATFX Logo
    Oanda Small Logo
    LegacyFX Small Logo
    skilling logo
    Oinvest Small Logo
    Exness Small Logo
    FXTM Logo
    OctaFX Logo
    XM Logo
    VantageFX Small Logo
    Forex.com Logo
    City Index Logo
    BlackBull Markets Small Logo
    IQ Option Logo
    HYCM Logo
    Plus500 Small Logo