See More

Craig Wright: ‘Binance and Tether Funds Women in Slavery’

2 mins
Updated by Adam James
Join our Trading Community on Telegram
Craig Wright made what some are calling ‘outrageous’ claims at the CoinGeek Toronto Conference, where he said that “30 percent of Binance and Tether funds women in slavery.”
While promoting Bitcoin SV, the altcoin’s spearhead claimed that Bitcoin (BTC) was in circulation to facilitate illegal operations. In a recorded clip, Craig Wright accused Tether, Bitfinex, and Binance of using BTC to “fund illegal operations, pumping money, illegal money travel, illegal use of people smuggling.” Additionally, Wright accused Bitcoin’s leaders of funding illegal activities like prostitution and slavery. According to him, 30 percent of Binance and Tether transactions fund women in slavery. His exact words were:
Right now, 30 percent of Binance money funds women in prostitution. 30 percent of Binance and Tether funds funds women in slavery.

Ignore The Stupid Stuff

These accusations gathered a lot of attention on Twitter, with personalities such as Peter McCormack, a popular Bitcoin podcaster who is currently being sued by Wright, quick to reach out to Binance’s CEO in a tweet. In response to Wright’s accusation, Changpeng Zhao stated:

No Evidence

What’s surprising to many is the fact that Craig Wright is making these shocking accusations without a shred of evidence to back up his story. It’s also interesting to note that nearly everyone accused by Wright has openly dismissed his claims that he’s Satoshi Nakamoto, Bitcoin’s founder. Some might also find it suspicious that Binance had delisted Bitcoin SV from its trading platform prior to Craig Wright’s accusations. bitcoin sv problems

Is Craig Wright Really Satoshi Nakamoto?

This is not the first time Wright has made headlines due to something he said. Wright has long been claiming to be Satoshi Nakamoto, the creator of Bitcoin (BTC). The claim wasn’t received well by many in the cryptocurrency community, with some non-believers labeling him ‘Faketoshi.’ However, by the look of things, he’s managed to convince a section of the cryptocurrency community that he is the creator of the world’s first cryptocurrency. Besides making shocking and unsubstantiated claims, Craig Wright’s speech at the CoinGeek Toronto Conference also focused on shedding some light on his intentions to build usable applications, tools, and infrastructure. According to his speech, the goal is to help other people make the ecosystem better. Do you agree with Craig Wright’s claims that Binance and Tether are engaging in illegal funding with Bitcoin? Do you think he is Satoshi Nakamoto? Let us know in the comments below. 
Top crypto projects in the US | April 2024

Trusted

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored