As GQ Australia’s Stuart McGurk summarized O’Hagan’s findings, nCrypt had agreed to “buy up [Wright’s] companies and settle his debts,” including huge debts to the Australian Taxation Office. “In return, [Wright would] work on patents linked to the underlying blockchain technology behind bitcoin. And [Wright] would publicly out himself as Satoshi. The package, [nCrypt] felt, was worth billions. They planned to sell it to Google.”
Tokenized RWA Marketplace Ironlight Emerges From Stealth With Eyes on SEC Approval
With no plans for allowing cryptocurrency trading on the platform, the company's goal is to leverage distributed ledger technology, or...