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This week in the crypto world we’ve seen Elon Musk manipulating Dogecoin (again), Apple testing Craig Wright’s lawsuit power, and the Meta 1 scammers giving us another giggle.
Laugh it up, fuzzball.
Musk Manipulates DOGE…Again
The manipulation of the crypto markets by Elon Musk returned for the second time in quick succession this week as the Twitter boss restored the traditional Twitter logo, causing a 10% dump in the price of DOGE.
Musk had caused the coin to spike 30% by replacing the traditional bird with the DOGE symbol on Monday, but, with no announcement to follow up the act, the coin has instead begun a journey back to Earth, showing once again Musk’s disregard for the crypto world.
Apple Hiding Bitcoin Whitepaper in MacOS
This week also revealed that the Bitcoin whitepaper has been hidden inside every MacOS operating system since the Mojave update in 2018, according to tech blogger Andy Baio. Baio revealed that a PDF of the Bitcoin whitepaper has been embedded within the files of the OS since this update under the filename ‘simpledoc.pdf’, with Apple engineers seemingly offering their own nod to Satoshi Nakamoto and his creation. The rationale is not clear, but it seems that it was initially picked up in November 2020 but nothing was ever done about it.
One man who wasn’t pleased with the news was Craig Wright, who has recently sued 26 people and entities including Coinbase and Block, for infringing his copyright by encouraging the downloading of the Bitcoin blockchain and running a full node. Will he now sue Apple? One can only hope.
Meta 1 Scammers Scamming Again
It was also revealed this week that the man at the head of Meta 1, a cryptocurrency that said it was backed by billions of dollars in gold and fine art holdings, recently tried to settle his case against the Securities and Exchange Commission (SEC) with a fake surety bond.
Robert Dunlap, who earlier in his scamming career tried to get out of a Land Rover loan by saying that banks didn’t have a constitutional right to lend money and so he didn’t need to pay it back, told the court that he had agreed a $44 million surety bond with U.S. Magistrate Judge Mark Lane at the end of January, when in fact no such arrangement had been made and Dunlap had instead filed “nonsensical” papers.
Plus ça change.
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Mark Hunter