Showing posts with label June 23. Show all posts
Showing posts with label June 23. Show all posts

Saturday, 23 June 2018

John McAfee Almost Died This Week, Claiming He Was Poisoned By His Enemies

“I am more difficult to kill than anyone can ever imagine”

The extravagant multi-millionaire shared the news via Twitter this Friday, claiming an attempt had been made to end his life.

The 72 year old founder of McAfee cyber security software updated followers after a 3 day break from Twitter, informing them of the bad news. He alleges that he had been poisoned and unconscious for 2 days but shares no more details about who the attackers were.

Just one hour later he shares a photo of himself laying in a hospital bed, covered in wires and tubes, warning the alleged attackers that he knows who they are and they had ‘better be gone’.

Mr McAfee has been sharing his thoughts and opinions about Bitcoin and other cryptocurrencies for some time now and runs one of the largest Bitcoin mining operations in the US.

According to a previous Tweet just days before the alleged attack on his life, he had been warned by the SEC about promoting Initial Coin Offerings (ICOs) to his Millions of followers and will now no longer be working with them. Instead, it was announced that he is working on an ICO alternative which the SEC ‘cannot touch’, promising an article with more details at a later date.

John McAfee’s life has been in the public spot light many times over the years and it certainly raises some eye brows over some of his opinions and actions. The self proclaimed ‘libertarian’ has come up against the law many times in the past, being accused but never charged for a variety of crimes and offences.

In 2012 for example, his home in Belize was reportedly raided by the Gang Suppression Unit of the Belize Police Department on suspicious of manufacturing narcotics. He was arrested for possession of a variety of firearms, but never charged for any of the alleged offences.

Some might see Mr McAfee’s actions as extreme paranoia, a view shared by the Belizian prime minister. After the body of one of Mr McAfee’s neighbours was found dead in John’s home in 2012, he refused questioning, saying he has always been afraid police would kill him and thus refused their routine questions. The prime minister called him “extremely paranoid, even bonkers” after he fled the country to avoid questioning, avoiding the Belizian authorities ever since.

He went viral in 2017 after making a very ambitious claim about the fate of Bitcoin. He said on Twitter that if Bitcoin does not get to $1 Million by 2020, he will ‘eat his own dick’ on national television.

In true McAfee form, he also shared a picture giving the middle finger to his ‘incompetent enemies’.

The post John McAfee Almost Died This Week, Claiming He Was Poisoned By His Enemies appeared first on Daily Bitcoin, Blockchain & Cryptocurrency News.

Mt. Gox Court Ruling Leads To The Return Of Over $1 Billion Worth Of Bitcoins To Victims

In what is quite possibly the lowest point in Bitcoins history, it looks as though the ongoing Mt. Gox saga is finally coming to an end, and it looks as though it may well be a positive end. After a Japanese court ruled against the Mt. Gox bankrupcty proceedings, potentially paving the return of over $1 billion worth of bitcoins  to victims.

Shin Fukuoka, a leading attorney at Japan’s Nishimura & Asahi law firm explained how “this is the creditors’ victory” and that “enormous assets…will be returned to creditors of Mt. Gox”.

Mt.Gox biggest ever bitcoin theft

Mt.Gox was once the largest bitcoin exchange in the world, until their eventual collapse back in 2014. It was reported at the time that some 850,000 bitcoins went missing, worth around $473 million at the time. These bitcoins were supposedly lost according to former Mt. Gox CEO Mark Karpelès.

However, Karpelèshas since reported that he found some of these bitcoins. These recovered bitcoins have been held in the company’s estate since he reported this whilst an ongoing legal battle has pursued.

The Mt. Gox scandal was the biggest ever bitcoin theft to date, and hopefully remains that way.

Mt. Gox court ruling

After the court ruling ended the Mt. Gox bankrupcty, they have opted to start civil rehabilitation. Japan’s bankruptcy laws state:

Bankruptcy proceedings can be commenced in respect of a debtor when either: The debtor is generally, and on a continuing basis, unable to pay its debts as they become due. The debtor’s total liabilities exceed the total value of its assets, if the debtor is not a legal person

Mt. Gox’s remaining estate contains around 170,000 bitcoins and bitcoin cash. Which currently is worth around $1.2 billion, although it had been almost 4 times that amount back in December/January. This means because the total estate is now worth more than their liabilities at the time they filed for bankruptcy, due to the bitcoin price increasing. The court have ruled that Mt. Gox are no longer bankrupt.

As part of civil rehabilitation, the assets held by Mt. Gox will be able to be returned to any debtors and and former customers. Although the actual number of bitcoins can be returned at least the face value at the time they were stolen can be returned.

Mt. Gox still maintain that the 850,000 stolen bitcoins were the result of hackers and to this date still plead their innocence in the case. All we know for sure is the saga is finally coming to an end, and maybe this could spark a bull run. Let us know your thoughts on social media.

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The post Mt. Gox Court Ruling Leads To The Return Of Over $1 Billion Worth Of Bitcoins To Victims appeared first on Daily Bitcoin, Blockchain & Cryptocurrency News.