Craig S.Wright, the self-proclaimed bitcoin creator, called Binance a money-laundering bucket shop after the exchange delisted his BSV altcoin. He is a hot topic in the latest cryptocurrency news lately after he started a feud with everyone who calls him a scam.
In an interview, Craig Wright accused Binance of getting into wash trading activities and money laundering by saying:
‘’You have things like CZ there and Binance which is super bucket shop which are basically money laundering organizations. They wash trades and money laundering. That’s how they make money.’’
Also, Craig S.Wright claims that the number one crypto exchange in the world is involved in market manipulation. According to him, Binance is responsible for pumping the prices of cryptocurrencies with a ‘’pre-announcement stuff’’ before the shorting phase. He also believes that the trading platform could make ‘’a 100 times the sort of money that they have stolen’’ from activities such as those previously explained.
Additionally, Craig S.Wright explained that the BSV delisting on multiple exchanges was a direct attack on him in order to make him quite. He believes that he is being silenced since he can expose the ill nature of the crypto sector. Besides Binance, the self-proclaimed BTC creator stated that ShapeShift and Kraken are also involved in money laundering activities. He believes that they are able to achieve this because they have ‘’no order trail, unlike bitcoin.’’
In his view, the actions of the companies support criminal activities such as human trafficking and drug distribution. The self-proclaimed bitcoin creator alleged that Zhao is to blame since people like him support the drug industries. He also attacked the controversial John McAfee of being an accomplice to Binance’s criminal organization:
‘’So they Binance do basically the pre-announcement stuff, some of which Mr. Conman John McAfee there helps with… he will scam something up pump up the price, get people to put their savings and investments into, and they will short the crap out it.’’
The attacks on both McAfee and Zhao come right after delisting the BSV coin as previously reported in the altcoin news. They also attacked him of not being the real Satoshi Nakamoto. Craig S.Wright even threatened to sue them for failing to recognize him as the real Bitcoin creator.
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“Through Ripple’s xRapid product, we will have the ability to instantly settle funds from U.S. dollars to destination currencies on a 24/7 basis, which has the potential to revolutionize our operations and dramatically streamline our global liquidity management.”As the website shows, MoneyGram is the second largest payments firm in the world. The coming altcoin news and its partnership with Ripple will also help the blockchain firm to gain presence in more than 200 countries (where MoneyGram actively operates). Much of the company's business lies in the remittances market, which value is estimated at around $600 billion. The CEO of Ripple, Brad Garlinghouse, also shared his excitement about the new Ripple and MoneyGram partnership, stating:
“This strategic partnership will enable MoneyGram to greatly improve its operations and enable millions of people around the world to benefit from its improved efficiency. This is a huge milestone in helping to transform cross-border payments and I look forward to a long-term, very strategic partnership between our companies."Payment processing and sending money globally through the blockchain are definitely something that can be improved with this new partnership. By joining Ripple's growing and global network, financial institutions can process their customers' payments anywhere in the world instantly, reliably as well as cost-effectively.
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“Participants reflected on the legitimate use of blockchain technologies, including the use of cryptocurrencies for trading and investment activities, payment method and as a store of value.”As noted in the coming altcoin news, blockchain technology spiked the interest in business leaders and governments around the world. There will be a part of every business in the future consisted of blockchain since already some major companies such as Amazon, Google and Microsoft are all into the technology.
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