A crypto lawyer, James Murphy, has sued the United States Department of Homeland Security to force the agency to disclose who it believes is Bitcoin’s elusive creator, Satoshi Nakamoto. The case could pressure the US government to clarify claims about a potential interview with Bitcoin’s creator and reveal insights into the flagship cryptocurrency’s creation. Unveiling Satoshi Nakamoto’s true identity could reshape the narrative around Bitcoin (BTC) and people’s sentiment toward the cryptocurrency. Crypto Lawyer Sues Department Of Homeland Security A prominent crypto lawyer has sued the United States Department of Homeland Security to force it to disclose who it believes is Bitcoin’s enigmatic creator, Satoshi Nakamoto. The lawyer, James Murphy, alleges the agency may know the identity of Bitcoin’s creator and wants to compel it to share what it knows. Murphy filed a Freedom of Information Act lawsuit, basing his accusations on claims made by DHS Special Agent Rana Saoud at a conference in April 2019. Saoud claimed in 2019 that she and a few colleagues had met with four people involved in creating Bitcoin. Murphy announced the lawsuit on X, stating, “The Great Mystery of the 21st Century--Who is Bitcoin Creator "Satoshi Nakamoto?" The United States Government claims to know the answer--but isn't talking. So, today I sued the U.S. Government to find out exactly what it knows. IF the interview really happened as the DHS Agent claimed, there should be documentation of the substance of that meeting.” Claims About Satoshi’s Identity Saoud made a sensational claim at the OffshoreAlert Conference North America in Miami in April 2019, stating that DHS agents met with the four people it believed to have created Bitcoin. According to Saoud, the agents asked why they created Bitcoin and what their endgame was. “The agents flew to California, and they realized that he wasn’t alone in creating this. There were three other people, and they sat down and talked with them to find out how this actually works and what the reason for it was.” Murphy said if the DHS resists disclosure, he would pursue the case to its logical conclusion and solve the mystery. However, Murphy did not rule out the possibility that Saoud and the other DHS agents were mistaken and did not meet with Nakamoto. Previous Attempts To Identify Satoshi Nakamoto Murphy’s lawsuit follows several efforts to unmask Satoshi Nakamoto. In October 2024, an HBO documentary claimed Peter Todd, a Bitcoin cypherpunk, invented Bitcoin. However, Todd and other industry experts refuted the claims. Others, including Nick Szabo, Adam Back, and Hal Finney, have also been theorized to be Satoshi Nakamoto. Szabo and Back have denied claims that they are Satoshi Nakamoto. Hal Finney also denied he was Satoshi Nakamoto before he died in 2013. The Bitcoin community is split about whether Nakamoto’s true identity should be revealed, and whether it would be a positive development for Bitcoin. Some community members worry it could compromise Bitcoin’s decentralized ethos and put Nakamoto at significant risk. However, others want to be sure Bitcoin wasn’t created by the US government. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
According to recent announcements, Gate.io has launched the FREEDOG pre-deposit event, running from April 9th, 10:00 to April 14th, 16:00 (UTC+8). This initiative allows participants to engage with zero transaction
Shiba Inu whales have offloaded 801 billion tokens over the past day.
According to an announcement from COINOTAG News dated April 9th, Aave’s governance community has successfully ratified a pivotal proposal. This initiative empowers the Aave Finance Committee (AFC) to allocate $4
On April 9, COINOTAG News reported a significant movement in the Ethereum market, highlighting a whale transaction that involved the withdrawal of 4,000 ETH from ether.fi. This withdrawal, which occurred
Krüger warns of a possible financial crisis similar to 2008. Current tariffs may negatively impact credit availability and economic activity. Continue Reading: Economist Warns of Potential Market Crisis Similar to 2008 The post Economist Warns of Potential Market Crisis Similar to 2008 appeared first on COINTURK NEWS .
Second-ranked cryptocurrency Ether led a fresh wave of selling in digital assets as US President Donald Trump insisted on pushing ahead with 104% tariffs on many Chinese goods, dimming hopes that a brutal trade war might be avoided.
The post Why Crypto Market is Down? Tariff News Live Update, Stock Market Crash, Asian Market Today appeared first on Coinpedia Fintech News April 9, 2025 02:47:01 UTC Dow Jones Stock Markets On April 9, 2025, the Dow Jones Industrial Average (DJIA) experienced significant volatility amid escalating trade tensions. The index opened at 38,827.10, reached a high of 39,426.60, but declined to a low of 38,366.95, closing at 37,645.59—a drop of 320 points (0.84%) from the previous day. This downturn followed President Trump’s announcement of a 104% tariff on Chinese imports, intensifying fears of a global trade war. Investors responded by shifting away from equities, leading to declines across major indices. April 9, 2025 02:33:40 UTC Asian Markets Today : Nikkei Index , Chinese Stock Crash On April 9, 2025, Asian stock markets experienced significant declines as the U.S. prepared to implement a 104% tariff on Chinese imports, intensifying trade tensions. Japan’s Nikkei 225 initially dropped nearly 4%, while markets in South Korea, New Zealand, and Australia also saw substantial losses. This followed a turbulent session on Wall Street, where the S&P 500 fell 1.6%, bringing it nearly 19% below its February peak. The Dow Jones Industrial Average declined 0.8%, and the Nasdaq Composite lost 2.1%. Investors remain uncertain about President Donald Trump’s trade policies, leading to increased market volatility. April 9, 2025 02:33:40 UTC Trump Tariff News : Chinese Stock Crash On April 9, 2025, China’s CSI 300 Index declined by 1.2%, the Shanghai Composite Index decreased by 1.1%, and Hong Kong’s Hang Seng Index dropped 3.1% as the U.S. prepared to implement 104% tariffs on Chinese imports. This development intensified the ongoing trade conflict between the two nations, leading to increased market volatility. Investors expressed concern that these tariffs could further strain global economic conditions, prompting a shift away from riskier assets. The heightened trade tensions have contributed to significant fluctuations in global financial markets. April 9, 2025 02:33:40 UTC Trump Tariff News Live : Japan’s Nikkei 225 index Crash On April 9, 2025, Japan’s Nikkei 225 index dropped over 3% to 32,010.93, mirroring Wall Street’s decline amid escalating U.S.-China trade tensions. The broader Topix index also fell 3% to 2,360.32. Technology stocks were notably impacted; Advantest declined by 9%, Tokyo Electron by 4.85%, and SoftBank Group by 5.96%. Investors are increasingly concerned that the impending 104% U.S. tariffs on Chinese imports could slow global economic growth. April 9, 2025 02:26:06 UTC Why is Crypto Down? Bitcoin dropped sharply below $75,000, losing 6% in a day as Asian and global stock markets fell due to new U.S. tariffs on Chinese imports. Japan’s Nikkei 225, Australia, South Korea, and others saw big losses. The S&P 500 and Nasdaq also dropped. The crypto market saw $400 million in liquidations, mostly from long positions. Bitcoin’s long-short ratio flipped, showing bearish sentiment. Investors are pulling out of risky assets, fearing more market turmoil as U.S.-China trade tensions rise.
Recent data from Coinglass reveals significant implications for the cryptocurrency market, particularly impacting Bitcoin positioning. As of April 9th, if Bitcoin trades below $74,000, the total long liquidation pressure across
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