Binance CEO Gives ‘Fitting Reply’ To Craig Wright Over Appalling Allegations

By Nivesh Rustgi
Published May 31, 2019 Updated May 31, 2019
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Binance CEO Craig Wright

Binance CEO Gives ‘Fitting Reply’ To Craig Wright Over Appalling Allegations

By Nivesh Rustgi
Published May 31, 2019 Updated May 31, 2019

Craig Wright, who is persistent with his claims of being Satoshi Nakamoto, the creator of Bitcoin [BTC] has accused Binance of being involved in human trafficking and prostitution. He accused Tether and Bitfinex of the same crimes. In a recent Bitcoin Satoshi Vision [BSV] Conference he said,

“Right now Illegal operations pumping money in Tether and Binance. Illegal use of people smuggling. Right now 30% of Binance money funds women in prostitution.”


It was brought to the notice of the CEO of Binance by Peter McCormack and Max Keizer. Nevertheless, Changpang Zhao was calm and probably gave a fitting reply to the allegations.

attention is probably what he wants… We ignore stupid stuff, and focus on things that matter.

Peter McCormack vs Craig Wright

Craig Wright has sued Peter McCormack for defamation and asked for an apology in open court while accepting the fact the, he is in fact, Satoshi Nakamoto. Peter McCormack, tweeted to this,

One thing I refuse to do is accept or say in court that Craig Wright is Satoshi and that BSV is the real Bitcoin.

Moreover, the many members from the crypto-Twitter community have extended their support by offering to participate in crowdfunding for the legal expenses of the case. However, McCormack has insisted that,

Please stop harassing people telling them they have to financially support my defence. If I choose to crowdfund then I’ll post an address which will be optional and [Jake Chervinsky] will audit the use of funds. I have options before I go down this path.

He has also decided to defend the case and expressed the fact with new-found vigor.

An Australian registered as a citizen from Antigua and Barbuda, financed by a Canadian is looking to use the libels laws of “my home country” to sell a lie, I look forward to defending this.

He has also continued to make satirical comments on Craig Wright and Calvin Ayre unabashedly. The price of Bitcoin SV [BSV] also broke below $190 a roller-coaster ride due to the spread of the ambiguous and then, possibly fake news rumor in China.

Moreover, with a certain amount of controversy and extreme price fluctuation, it is clear that the identity of Satoshi would create more problems for cryptocurrency markets than it would solve. Hence, he claims must be put to a stop as he hasn’t been able to prove them either. The real Satoshi acted anonymously for a reason which must be respected.

Also Read: How To Prove the Real Identity of Satoshi Nakamoto, the Creator of Bitcoin? CZ Suggests

Do you think that the ‘playing dirty’ tactics would work for Craig now that everything else seems to be failing? Please share your views with us. 

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Nivesh Rustgi
1181 Articles
Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on Twitter at @nivishoes or mail him at nivesh(at)

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