Daily fraud update: 26th May

Chris Lee
FRAUD written with toy blocks

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

Stock Trading Screen merged with India flag

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

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