The page of “fake Satoshi” Craig Wright on the social network X with 34,418 subscribers published an invitation to switch to the entrepreneur’s new account.
“This account is no longer in use. Please follow @CsTominaga for blockchain and Bitcoin information.”
Posted by LB on behalf of CSW.— Dr Craig S Wright (@Dr_CSWright) September 2, 2024
The new account includes a legal notice stating that Wright is not the creator of Bitcoin. The court ordered him to post document in a prominent place on all of its web resources.
At the time of writing, S Tominaga has 2058 followers. The account was registered in September 2022.
In a thread after redirecting followers to the new page, the entrepreneur expressed hope that “the truth will prevail.”
COPA et. al… do what you must. Manipulate, deceive, try to erase the essence of what I’ve built. But you cannot change the fundamental reality that truth will surface.
— S Tominaga (@CsTominaga) September 2, 2024
He stressed that his victory was inevitable, even if it “takes years,” and that opponents “will not be able to stop progress.”
The entrepreneur dedicated another series of tweets to the cryptocurrency he created, Bitcoin SV (BSV), as a true embodiment of the original idea of Bitcoin.
I don’t merely wish for BSV to win; I expect it to.
BSV was not born from a desire to compete but from the conviction that it could redefine what is possible. It is my creation, not for the sake of victory, but for the sake of the idea it embodies – a means of truly distributed…
— S Tominaga (@CsTominaga) September 2, 2024
He doesn’t expect BSV to be an immediate success “in the conventional sense,” but he does see the cryptocurrency’s future in the formation of a global micropayments ecosystem based on it.
The notion of micropayments surviving isn’t just an abstract concept. It’s a revolution in how value is perceived and exchanged.
BSV was designed to enable this, to make it practical and scalable. Whether it’s BSV or another system that carries this torch, the idea will endure.
— S Tominaga (@CsTominaga) September 2, 2024
In response to one user’s comment that he believes Wright’s BSV will be a success since it emerged as a result of a hard fork of the Bitcoin Cash blockchain in 2018, answered briefly:
The BSV price reacted to Wright’s publication with increased volatility. Quotes initially fell to levels slightly above $40 before recovering to levels above $41. Growth over the past day amounted to 0.5% (CoinGecko).
According to the UK appeals tracker, Wright’s applications are pending regarding civil judgments against COPA and Peter McCormack.
In a lawsuit against the organization, Judge James Mellor ruled in March that the entrepreneur was not Satoshi Nakamoto or the author of the Bitcoin white paper. McCormack, a podcast host, won a freeze on $1.9 million of the entrepreneur’s assets in July.
Recall that in a written judgment in the COPA case, Judge Mellor found Wright guilty of perjury. The facts may be referred to the British prosecutor’s office for criminal prosecution.
Stay up to date! Subscribe to World Stock Market on Telegram.
Source: Cryptocurrency
I am an experienced journalist and writer with a career in the news industry. My focus is on covering Top News stories for World Stock Market, where I provide comprehensive analysis and commentary on markets around the world. I have expertise in writing both long-form articles and shorter pieces that deliver timely, relevant updates to readers.
