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by matanyall 1012 days ago
That's wild! Feels similar to some of the crypto scams going around wrt stable coins.
1 comments

There is a conman who tried claiming to by Bitcoin's creator that got laughed off the stage when his 'proof' turned out to be fake. He went on to create his own Bitcoin clone, and now financed by ex-DHS-most-wanted Antiguan ambassador is now trying to substitute the clone for the real thing through a series of lawsuits and by trying to destroy the real thing by suing for billions of dolllars any open source developer who dare volunteer to work on the software.

I'm not sure if "I'll buy the bank to make my fraud legit" is more ballsy than "I'll (ab)use the courts to carry out my fraud in full view of the public, content that no one will stop me because no one has stopped me yet and sensible people will avoid making themselves my targets".