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Craig Wright, Who Claims to Be Satoshi, Criticizes Tether Stablecoin, Calling It a ‘Walking Dead Coin’


The cryptocurrency world is no stranger to controversy, and the latest drama involves self-proclaimed Satoshi Craig Wright and the popular stablecoin Tether. In a recent tweet, Wright called Tether a “walking dead coin” and accused it of being a “fraudulent” project.

The tweet was in response to a recent report from the New York Attorney General’s office that found that Tether had been used to manipulate the price of Bitcoin. Wright, who has long claimed to be the creator of Bitcoin, has been a vocal critic of Tether and its parent company, Bitfinex.

In his tweet, Wright accused Tether of being a “fraudulent” project and said that it was “walking dead”. He also accused the company of using its USDT tokens to manipulate the price of Bitcoin.

The accusations have been met with a mixed response from the cryptocurrency community. Some have praised Wright for speaking out against Tether, while others have accused him of being a “troll” and of trying to stir up controversy.

Regardless of the response, it’s clear that Wright’s comments have sparked a debate about the legitimacy of Tether and its role in the cryptocurrency market. With the New York Attorney General’s report still fresh in everyone’s minds, it’s likely that this debate will continue for some time.

It remains to be seen how this drama will play out, but one thing is for sure: the cryptocurrency world is never short on controversy.

40 thoughts on “Craig Wright, Who Claims to Be Satoshi, Criticizes Tether Stablecoin, Calling It a ‘Walking Dead Coin’”

  1. tldr; Australian IT scientist Craig Wright, known as the self-proclaimed Satoshi Nakamoto or Faketoshi, has taken to Twitter to attack the USDT stablecoin issued by Tether. He responded to a tweet by a prominent crypto expert who goes by the name Mr. Whale. The latter reminded the community about a recent statement by the US securities regulator SEC, where they stated that “proof of reserve” means nothing.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*


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