Bitcoin drops with over $250 million in total liquidations as judge rules Craig Wright is not Satoshi

Bitcoin price retracted to a low of $70,543 on Binance, causing over $250 million in liquidations. A UK judge has determined that Craig Wright is not Satoshi Nakamoto and that he did not create BTC. Sidelined and late investors could have another buying opportunity before the next leg up ahead of halving. Bitcoin price instigated a crash across the cryptocurrency market on Thursday when it dropped below the $70,000 threshold.

Judge says Craig Wright is NOT Satoshi or the creator of #Bitcoin pic.twitter.com/mCBctAREBi — Radar March 14, 2024 The presiding judge, Mr Justice Mellor, said, “…having considered all the evidence and submissions presented to me in this trial, I’ve reached the conclusion that the evidence is overwhelming,” and committed to issuing a “fairly lengthy written judgment” in due course.

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