The American crypto-anarchist better known as ‘’John Galton’’ was reportedly shot and killed in his home in Acapulco-Mexico after he fled the United States according to crypto news reports by Mercury News.
Galton’s partner Lily Forester stated that she saw the gunman shoot Galton and his friend under the name of Jason Henza. Henza made it to the local hospital with injuries to his armpit, leg, and hand but Galton didn’t make it.
John fled the United States back in 2016 since he was charged for drug use and was facing a 25-year prison sentence for manufacturing narcotic substances at that time. His death has been attributed to a cartel attack that saw him as a competition for the drug trade in the neighborhood he was living in.
Galton was a host of the ”Anarchoforko” event which allowed attendees to create and tell their personal experience without the need of a central planning committee. The event didn’t stand well with the locals and the activists that aim at freedom-related topics such as earning passive income using cryptocurrencies. Before his death, he was a host of weekly ‘’Meat Ups’’ a place where meat-eaters gathered to only consume meat.
The crypto atmosphere in Mexico seems to be to most desired structures in the world and spiked the climate after the FinTech laws were imposed by the Mexican government last year in September. The legislation directed that companies which want to use digital currencies for conducting transactions must request an authorization first from the Bank of Mexico.
Mexico has, however, one of the highest rates of drug users. For example, Matthew Mellon who was a billionaire died at rehab in Cancun. He was one of the first Ripple backers and the chairman of the finance committee of the Republican Party in New York.
The Real Satoshi Nakamoto To Be Revealed By John McAfee
‘’I protected the identity of Satoshi. It's time, though, that this be put to bed. Imposters claim to be him, we are spending time and energy in search of him - It's a waste. Every day I will narrow down the identity of Satoshi until he reveals himself, or I reveal him.’’One of the reasons why the bitcoin price was fluctuating and got so many people interested in it’s because of the anonymity of the real Satoshi Nakamoto. The creator of the cryptocurrency is still unknown despite many traders, analysts or businessmen claim to be him. It appears that Craig Wright is claiming to be the creator of BTC for quite some time now. McAfee is getting frustrated as we can see so he wants the truth to come out. People around the world are wondering if McAfee does really know the identity of the real Satoshi Nakamoto because of his background. Many are concerned that this kind of news could affect the price of the cryptocurrency to tumble down. This can also be one of the conspiracy theories as we have previously reported in our altcoin news. The reason why this story is important is that the success of Bitcoin cannot be attributed to a single person yet. The story about the identity of the real Satoshi Nakamoto was centered on his/hers wallet. There are thousands of BTC coins still untouched and if we get to see some action in the wallet, this could be one of the solid proofs for the founder to communicate with the rest of the crypto community. This, of course, has not happened yet. John McAfee is known to stir a lot of attention around him. He got the attention once when he said he would run for a president. However, he has now launched a countdown so we are yet to see if he was serious or just playing.
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Ex Mt.Gox CEO Mark Karpeles Refuses Brock Pierce’s Claims Of Rebooting The Exchange
“As far as I know no agreement was reached within 45 days, nor did the court and the trustee approve such an agreement. We were working with our lawyers at the time in good faith to follow the terms defined there but failed to hear back from Sunlot after they assured they were working on this, including assisting in getting approval from the court.”Another problem appeared when Pierce claimed that his initiative could start the creditor recovery after he claimed that the entire problem could be settled within a year rather than the 5 years it would take under the wing of the Tokyo attorney Nobuaki Kobayashi. Karpeles continued:
“As to distributing assets faster than the trustee, I haven't heard at this point anything that would make this possible from Gox Rising [sic]. The published plans seem to imply reviving Mt. Gox and creating a lot of complex legal structures which may take time to happen.”Karpeles pleaded not guilty in his trial but was eventually charged for embezzlement of $3 million from Mt.Gox.
New York District Court Orders The Winklevoss Twins To Pay $45,000 To Charlie Shrem
“…plaintiff is liable ‘for all costs and damages, including reasonable attorneys’ fees’ where the plaintiff is granted an attachment and later found unentitled to that attachment.”Shrem was jailed for money laundering after he laundered more than $1 million in Bitcoin through the now inoperative bank Silk Road and was sued by the twins who accused him of stealing about 5,000 bitcoin in 2012. They claimed that Shrem has spent the tokens which now would have achieved a price of $17 million. Winklevoss noticed that after the partnership with Shrem, he had not delivered the cryptocurrencies as he promised. This is why they decided to try and recover the missing funds and bury the hatchet and even ended up investing in Shrem’s crypto exchange Bitinstant. However, a few months later, Shrem’s exchange fell apart and he went to prison but when he came out, he was insanely rich. This is when the twins started their legal proceeding and tried to get the tokens that Shrem owned them. The battle started in 2012 and has ended just a few days ago. Shrem, of course, denied all allegations.
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