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#JeSuisHodlonaut campaign picks up steam after Craig Wright threatens to sue Hodlonaut over tweets

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#JeSuisHodlonaut campaign picks up steam after Craig Wright threatens to sue Hodlonaut over tweets
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Craig S. Wright, self-proclaimed Satoshi Nakamoto, was in the news after threatening to sue the initiator of Lightning Torch Hodlonaut #LNTrustChain for libel, after Hodlonaut posted a series of tweets calling Craig Wright a fraud.

This accusation by Hodlonaut prompted Wright’s attorneys to slap Hodlonaut with legal papers for allegedly “harassing Wright with defamatory and abusive tweets.” According to Wright’s demands, the individual behind Hodlonaut’s Twitter account must issue an apology in open court, acknowledging the claims made by him to be false. The letter shared by the firm, SCA ONTIER LLP, stated that Wright is Satoshi Nakamoto, even going on to prescribe an apology,

“I was wrong to allege Craig Wright fraudulently claimed to be Satoshi. I accept he is Satoshi. I am sorry Dr. Wright. I will not repeat this libel.”

The letter also pointed out that if the demands are not met within 7 days of receiving the letter, “Wright will file for proceedings in the U.K. court and Hodlonaut will be served in his home country of Norway.”

The twitterverse however, is outraged. Many in the cryptospace are rallying behind Hodlonaut, sparking a support campaign for the anonymous individual. Many of his followers have in fact, changed their usernames and profile pictures to resemble that of the LN Torch creator.

There is a massive Twitter campaign going on, with the community unifying against the self-proclaimed Bitcoin creator, using hashtags such as #CraigWrightIsAFraud and #JeSuisHodlonaut.

Luminaries of the space like John Carvalho criticized Wright’s move and tweeted,

“I wouldn’t believe Craig Wright is Satoshi even if he moved the fu*n coins.”

Monero’s Riccardo Spagni aka Fluffypony joined in the act too and changed his username to “fluffynaut.” He tweeted,

#JeSuisHodlonaut”

The lawsuit might potentially dampen the prospect of wider cryptocurrency adoption as well. Binance’s CZ spoke out against Wright and tweeted,

“Craig Wright is not Satoshi. Anymore of this sh!t, we delist!”

Wright himself had aired some unsavory views about Hodlonaut, commenting,



“Hodlonaut seems to have hidden under his mother’s skirt and is nowhere to be found.”

Following the collective Twitter fury against Wright, one of his ardent supporters, Calvin Ayre tweeted,

“Craig and I have the legal right to defend ourselves against illegal Trolling. The only ones attacking are you guys Trolling and you should be ashamed of yourselves. This industry needs to grow up.”

He further called CZ’s decision to terminate Bitcoin SV’s trading as stupid, asserting that “censorship” does not alter, what according to him, are “facts”.





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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Daily Crypto News – May 25

1) Bitcoin Wallet receives part of 5,000 BTC: A recent Whale Alert highlighted a transaction on May 24, where a large sum of Bitcoin [BTC] exchanged hands between two anonymous wallets. According to the alert the transaction took place at 22:13:23 + 1 minutes and 5,000.00001092 BTC was transferred from an unknown wallet, with address 19SiCYaYKZh9A8HUjuh14eg5wtYzKxiFbB, to another unknown wallet with address 14GcjGjxwadzcpmq9EG3KUgTKATjurbnWt.

Read more at https://bit.ly/2VRQwb0

2) Bitwise Report 2.0: Bitcoin [BTC] futures continues growth: On a month-on-month basis, Bitcoin Futures saw a massive bump in April trading at an average of 10,000 contracts daily, peaking on April 4, with over 22,000 contracts traded. To put that number in perspective, in March 2019, the average contracts traded was less than 4,000. Despite the high standards set in April, the average daily contracts traded in May, with 25 days gone has exceeded 14,000 and still looks to grow, given the price performance of Bitcoin.

Read more at https://bit.ly/2W40sTR

3) Craig Wright on private keys: Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect situation, stated he will “sign” into his wallet only when he proves he is the creator.

Read more at https://bit.ly/2X6fdlw

4) Tether’s [USDT] market cap hits ATH: Tether and Bitfinex are being closely scrutinized now more than ever due to the NYAG’s lawsuit; however, the scrutiny doesn’t seem to have affected Tether as the market cap of USDT has increased by over $100 million in approximately 70 days.

Read more at https://bit.ly/2McaTjE

5) Tether volume shift: Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. The magnitude of the topic was so large that even Changpeng Zhao, the Chief Executive Officer [CEO] of Binance had raised red flags. This topic and Tether as a whole received another twist when Larry Cermack, the Director of Research at The Block, pointed out a few parameters when it came to the said volume.

Read more at https://bit.ly/2wmk4mJ

6) Bitfinex’s LEO tokens listed on Delta Exchange: Bitfinex’s Leo tokens faced quite a lot of criticism when they were announced, due to the missing $850 million funds from Bitfinex. The private investment round by Bitfinex also faced a lot of heat from the media. However, in a recent development, Leo tokens are being listed on various exchanges for trading.

Read more at https://bit.ly/2HUEnNB



7) Robinhood en-route a projected valuation of $7 billion: Robinhood, the California-based cryptocurrency exchange made headlines recently when a source close to the organization revealed that it was on the verge of closing their latest round of funding at a valuation of a whopping $7 billion – $8 billion. Sources even claimed that the current round of funding could act as a precursor to an even bigger round of funding, which would pit Robinhood with the bigwigs like Coinbase and Binance.

Read more at https://bit.ly/2W64KKj





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