Investors Downplay Self-Proclaimed Bitcoin Inventor’s Liquidation Warning

From bnnbloomberg.ca

Craig Wright is warning that billions of dollars in Bitcoin could soon flood the cryptocurrency market after an unfavorable court hearing. Investors seem to be taking the alert in stride, with Bitcoin little changed at about $10,150 after the self-proclaimed inventor of the cryptocurrency under the pseudonym Satoshi Nakamoto said he “has no choice” but to hand over $5 billion to the estate of his late business partner, Dave Kleiman. “I’m not worried about Craig transferring Bitcoin to Kleiman because I don’t think he has any to transfer,” Ryan Selkis, chief executive officer at crypto researcher Messari ... (full story)