When a judge denies your motion to throw out a lawsuit against you by quoting Sir Walter Scott’s famous line, “Oh! What a tangled web we weave when first we practice to deceive,” it’s not a good thing. Thus it’s fair to say, nChain founder Craig Wright, the Bitcoin SV (BSV) backer and self-proclaimed Satoshi Nakamoto, did not have a good day in court on August 15. Although, to be fair, he wasn’t threatened with handcuffs this time.
Roger Ver gave me three big announcements as an exclusive to Modern Consensus. First, he is breaking news with us about his investment in the mobile crypto wallet and non-custodial exchange Evercoin. Second, he told me he just submitted Bitcoin.com’s application to join the Facebook-led Libra Association. And third, he shared details about the addition of Stefan Rust as Bitcoin.com’s CEO.
From Florida and the Dominican Republic, the wackier ends of the cryptocurrency world came to the fore this week, as yet another Satoshi Nakamoto threw his hat into the ring and a pungent John McAfee walked out of a Dominican jail after an incarceration few believed was genuine in the first place.
We are going to hear a lot more about crypto security in the coming years as Facebook’s Libra gets your mom into crypto. But if your mother can fall for one of those Facebook scams, she can easily lose her Facebook piggy bank. So we’re going to walk you through the SafePal crypto wallet and see if it’s something your mom can use.