This Bitcoin Competitor Pumped 272% And a Self-Proclaimed Inventor of BTC Says He Knows Why – The Daily Hodl

Craig Wright, a self-proclaimed inventor of Bitcoin, says he knows what triggered a massive pump in the price of Bitcoin SV, the fifth-largest cryptocurrency by market cap. Bitcoin SV surged from $117 on January 9th to a high of $436 on January 14th a rise of 272%. The coin has since dipped to $303.

In a new interview on BlockTV, Wright says he knows the people behind the pump, but he is unwilling to name names.

I know whats behind it and who and whatever else. I know people who are doing things and none of that is public information, so Im not going to share it.

When asked if the pump was organic, Wright clarifies,

Theres market interest, but Im not saying who is getting behind it.

As for his ongoing legal battle with the estate of his late business partner David Kleiman, Wright says hes not willing to share details about the private keys linked to over 1.1 million Bitcoin (BTC) that he claims he owns.

You have a bunch of morons who have no idea, running around saying that censorship resistance is important and then going, But dont let him talk.

So no, I dont listen to idiots.

Commenting on the lengthy lawsuit, which alleges that Wright still holds all of the Bitcoin that he and his Kleiman mined together, he rebuffs his critics.

A person who is basically a con man wants to falsely prove the partnership that doesnt exist so that he can get access to money he never owned.

When questioned about whether he has access to the private keys associated with the Tulip Trust, a contract that allegedly confirms that 1,100,111 BTC were returned to Wright, the Australian computer scientist says its nobodys business, regardless of the fact that the case is closely followed and is a matter of public domain.

Its none of your goddamn business. Were talking about someones financial privacy, whatever else, and you guys are a bunch of incredibly rude assholes. Theres no other way to put this. You sit there going, How much money do you have?; What bank account do you have?; Where is your money now?. Who cares what?

Theres one answer to this: Screw you. Theres no such thing as privacy coins. Theyre anonymity coins. Theyre seeking to not be private but basically lose all records. Actually, I still have entities I am associated with that have a lot of rights to BTC, so I am not dumb enough to shoot myself in the head.

Responding to a question about whether he should feel obligated to disclose details about his alleged ownership of over 1 million BTC since his holdings could have a significant impact on the crypto space, Wright remarks,

No. It is a question based on, I dont understand what Bitcoin is or how it works. I dont understand law. I think Bitcoin is outside of law. And I think I should have a right to know all about your finances because it might affect my day trading.

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This Bitcoin Competitor Pumped 272% And a Self-Proclaimed Inventor of BTC Says He Knows Why - The Daily Hodl