RATE Group | Bitcoin SV (BSV) Explodes 29% on “Tulip Trust” Fears Ease
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Bitcoin SV (BSV) Explodes 29% on “Tulip Trust” Fears Ease

Bitcoin SV (BSV) Explodes 29% on “Tulip Trust” Fears Ease

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The price of Bitcoin SV (BSV) surged by a massive 28 percent on Friday as traders assessed a key development in the ongoing legal dispute involving founder Craig Wright.

The self-proclaimed Bitcoin creator submitted a total of 428 documents to the plaintiffs, one of them allegedly including details of a trust that holds billions of dollars worth of bitcoin.

Mr. Wright’s legal counselors marked the paper “Tulip Trust III” as confidential. The decision raised suspicions that their client – indeed – was involved in the mining of first batch of bitcoin alongside his deceased partner Dave Kleiman. Bitcoin SV supporters, who expect Mr. Wright to dump part of that bitcoin for BSV, got euphoric on the news.

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