Sun. Feb 25th, 2024

Famous Fox Business journalist Eleanor Terrett has claimed that the US Securities and Exchange Commission (US SEC) and prominent Bitcoin investor Tim Draper know the real identity of Satoshi Nakamoto (founder of Bitcoin). Terrett, who made the claims via Twitter, said he took over after reviewing a copy of former SEC Director Bill Hinman’s public calendar. A screenshot of the tweet showed that SEC official Valerie Szczepanik arranged a meeting between Satoshi, Draper and Hinman on August 23, 2017. However, the minutes show that the meeting was not held in secret. Three days after the meeting, Draper expressed his discontent with a Satoshi impostor who had been attacking him but wasting most of his time. A few weeks later, a major news outlet, The Verge, provided highlights of the meeting. Draper and the impostor Satoshi met to discuss the possibility of launching an initial coin offering (ICO). The fake Satoshi tried to convince potential investors (including Tim Draper) that he was the founder of the leading digital asset. However, Draper did not go through with the deal after discovering that the man claiming to be Satoshi was a fake.

The impostor told The Verge that an SEC commissioner attempted to converse with him in Japanese. The financial watchdog did not comment when The Verge published the report. However, Hinman’s public calendar screenshot demonstrates that the SEC met with the impostor Satoshi. It’s unclear if SEC officials realized they were meeting with a fake Satoshi. According to The Verge report, regulators took the impostor’s claims seriously. There have been several people claiming to be the original founder of Bitcoin. But it is clear that no one knows the true identity of Satoshi Nakamoto. One of the most recent people claiming to be Satoshi is the Australian computer scientist, Craig Wright. However, an Oslo district court on Monday dismissed the claims by Wright’s lawyers as farcical and not credible.

Bitcoin price decreased by 8%

Meanwhile, the two major digital currencies, Bitcoin Y ethereum, erased Tuesday’s gains after falling 8% 24 hours later. The main digital asset, BTC, lost 5.2% in the last 24 hours and is currently trading at $19,146, according to our data. However, the 7-day chart shows that Bitcoin has only lost about 1% in value, signaling the asset’s rough week.

BTC/USD chart by Tradingview
Bitcoin it traded inside a tight range last week, trading between $18,290 and $20,388. At its current price, Bitcoin is 73% below its all-time high of $68,789, reached in November 2021. Coinglass data reported more Bitcoin liquidations in the last 24 hours than any other cryptocurrency. The report added that more than 82 percent of long BTC transactions (worth about $44.08 million) were settled by investors in the last 24 hours.

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By Farwa Raza

Farwa Raza is a writer who specializes in news articles. She has been writing on for over one years, and during that time she has written over 100+ articles on various topics ranging from politics to entertainment. Her goal as an author is to provide readers with the latest news stories while also providing her own opinion on them.