A first – This Canadian Entrepreneur Wants To Tackle Major Crypto Exchanges, Who Dared To Delist Bitcoin Satoshi Vision (BSV) From Craig Wright. A British court will have to decide on a claim, with a stake of almost 10 billion pounds.
Premises: the birth of BSV Claims Limited
The Bloomberg article of January 13 traces the alliance between two personalities, with rather sulphurous pasts, who attack each other to major cryptocurrency exchanges.
If there were to be a significant event to begin the story, then the story would begin in May of last year when the company was incorporated. BSV complaints limitedto an address in the East End of London.
Although Calvin Ayre’s name does not appear in official company documents, the Canadian does finance the company.
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Calvin Ayre and Craig Wright: Tumultuous Journeys
Calvin Ayre is an online gambling mogul, considered by some observers to be a cryptocurrency evangelist. The course of the entrepreneur is marked, among other things, by the tug of war with the regulators and the judiciary.
Calvin Ayre was banned from the Vancouver Stock Exchange for two decades, for alleged insider trading. Later, he founded the online gambling platform Bodog, which would make him a billionaire. At the time the company was on the rise, Calvin Ayre got into trouble with the American judiciary, because then there was online gambling still illegal.
The US government accused him of running an illegal sports gambling business and conspiring to launder money. Calvin Ayre he pleaded guilty and received a one-year sentence of unsupervised probation. He also had to pay a fine $500,000.
In the cryptosphere, Calvin Ayre working with Craig Wright For years. The Australian computer scientist has repeatedly claimed to be Satoshi Nakamoto, without being able to provide evidence of his claims.
Nearly £10 billion lawsuit against Binance and other cryptocurrency exchanges
BSV Claims Limited was formed to bring £9.9bn class action lawsuit, on behalf of 243,000 people, against four of the largest cryptocurrency exchanges, including Binance. The plaintiffs accuse them of being responsible for the losses suffered by Bitcoin Satoshi Vision (BSV) investors.
Calvin Ayre had invested in the cryptocurrency of this crypto project, which is founded by Craig Wright. The Canadian entrepreneur then founded the venture capital firm Ayre Group Ventureswhich should have supported the price of BSV.
however, the Bitcoin Satoshi Vision has faced criticism from crypto personalities. In 2019, the CEO of Binanza, Changpeng Zhaoposted on Twitter, that “Craig Wright is not Satoshi”, and announced the withdrawal from BSV of the crypto platform. BSV suffered a sharp decline following this delisting.
Three other cryptocurrency exchanges, including Kraken, also removed BSV from their platform shortly after Changpeng Zhao’s post. Most recently, in December, Bitfinex removed BSV after a qualification review of the token list.
Anti-competitive practices and cryptocurrencies: a first in the UK
Calvin Ayre, who is said to be the largest investor in the BSV ecosystem, wants to attack the wallets of major cryptocurrency exchanges. A contractor spokesman called these withdrawals from BSV ” anti-competitive practices in violation of competition law.
Law firm Crowell & Moring said it would be the first time that a UK court would hear an allegation of anti-competitive practices relating to digital assets, if the Competition Appeal Court – the Competition Court of Appeal – considered this complaint to be admissible.
Craig Wright is used to rather burlesque complaints, sometimes dreaming of billions of dollars obtained thanks to a court decision. His friend Calvin Ayre seems to have taken a cue from him, attacking Binance and other crypto exchanges, which delisted BSV.
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