Fraud accusations slung on Twitter in Craig Wright case
Two crypto entrepreneurs have been the target of scam claims this week.
The first, Craig Wright, is presently in the middle of a court case with the relatives of a former business partner.
Wright’s claims to be the founder of Bitcoin are widely disbelieved.
A few days ago, it was revealed that a series of crypto addresses that he claims to own had been disclosed temporarily to the public.
These addresses were then apparently used to make claims that Wright was a fraud as he was not actually in control of them as he had claimed.
However, now the problems for Wright appear to be getting worse after leading figures in the crypto sphere posted an allegation of fraud on the social networking site Twitter.
Justin Sun, who is the chief executive officer of the cryptocurrency project Tron, made the post on Tuesday of this week.
“Craig Wright is a fraud,” he wrote.
However, Sun also faced a backlash over allegations that he has been embroiled in crypto scams.
One user calling themselves ‘@CryptoBlueMoon’ replied with: “How do u sleep at nignt (sp) bro”.
And ‘@jdebunt’ wrote: “Takes one to know one, as they say.”
The allegations against Sun appear to centre on a claim from Li Xiaolai, a Chinese crypto entrepreneur, that Sun is an “outright fraud”.
The same person is also quoted as having described Sun as “the Theranos of China” in a reference to the allegedly scam firm of the same name run by discredited entrepreneur Elizabeth Holmes.
It is alleged that Sun participated in an initial coin offering (ICO) in China – with Tron being the coin issued.
According to crypto news sources, Tron was described by some as an “air coin” due to it allegedly having no proper value, among other reasons.
Shortly after this apparently happened, the Chinese government told crypto investors that they were no longer permitted to participate in ICOs and that ICOs were now banned.
It also said that companies that had performed an ICO in recent times would now have to refund those who had invested in them.
According to press reports, Sun did do that, at least in some cases – though Tron is believed to have later gone on to make a significant amount of money around the world.
Tron describes itself as being “dedicated to building the infrastructure for a truly decentralized Internet,” and is a well-recognised crypto project.
On its website, it claims to be a cross-border enterprise.
“TRON has established dual headquarters in the Americas and Asia Pacific, with the establishment of more overseas offices in preparation and our team in rapid expansion.”
“We offer employees opportunities to go on international business trips and to work on overseas posts. With TRON, you’ll be exposed to the most cutting-edge blockchain technology,” it adds.
- Will Commodities Offer Protection From Inflation?
- Earnings Season to The Rescue – What to Watch Out for This Week
- State of the Nation – Up to Date Reports on Which Brokers Can be Trusted – FXTM
- ‘Diamond Hands’ Traders Get Ready to Buy
- Market Mood Has Changed – How to Trade Current Conditions
- Scammer Alert – Trader Feedback Suggests Simplexprime.com is a Scam Broker
Safest Forest Brokers 2020
|Broker||Info||Best In||Customer Satisfaction Score|
|#1||Your capital is at risk Founded: 2011||Global CFD & FX Broker||
BEST FOREX BROKER Visit broker
|#2||Your capital is at risk Founded: 2015||Global Forex & CFD Broker||
LOWEST FEES Visit broker
|#3||Your capital is at risk Founded: 2014||Global Forex & CFD Broker||
Best Trading Conditions Visit broker
|#4||Your capital is at risk Founded: 2014||Global Forex Broker||
BEST SPREADS Visit broker
|#5||CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Founded: 2010||Global Forex Broker||
Low minimum deposit Visit broker
Stay up to date with the latest Forex scam alerts
Sign up to receive our up-to-date broker reviews, new fraud warnings and special offers direct to your inbox