RATE Group | BitGo Asked for $15M to Support Bitcoin SV Cryptocurrency: Ayre
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BitGo Asked for $15M to Support Bitcoin SV Cryptocurrency: Ayre

19 Dec BitGo Asked for $15M to Support Bitcoin SV Cryptocurrency: Ayre

Posted at 14:36h in Bitcoin News by

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A digital asset storage company’s call to clients to sell their Bitcoin SV holdings has not sat well with the cryptocurrency’s most advent supporter.

Calvin Ayre, the founder of crypto news portal CoinGeek.com, accused California-based BitGo of asking $15 million to support Bitcoin SV wallets on their platform. The 58-year old Canadian entrepreneur said he declined the company’s offer. Instead, he told them to “go f*** themselves.”

Mr. Ayre also made uncivilized threats against BitGo should the firm decline to support Bitcoin SV. He said he would invest in a couple of major competitors to ensure BitGo dies in the long-run.

BitGo CEO: Didn’t Want SV to Say Yes

The statements came after BitGo announced that it would discontinue its Bitcoin SV wallet services effectively from February 4, 2020. The company said its existing BSV wallets use Pay-to-Script-Hash-based multi-signature addresses. But after Bitcoin SV protocol goes through its Genesis Hard Fork on February 4, the P2SH…

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