NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Correction Timeline: Analyst Predicts Potential Bottom In October 2026
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Correction Timeline: Analyst Predicts Potential Bottom In October 2026

Brock Pierce Strikes Down Criticism in Letter Addressed to Bitcoin Foundation

newsbtc
newsbtc
Last Updated: October 7, 2020 11:37 am
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Since becoming a newly-elected member of the Bitcoin Foundation, child actor turned entrepreneur Brock Pierce has received a hefty dose of criticism coming from the bitcoin community.

One of the major talking points among critics make reference to allegations that go back fourteen years — in which Pierce, along with two others, were accused of sexual abuse.

In a letter addressed to the Bitcoin Foundation (and obtained by the Wall Street Journal), Pierce has declared his innocence.

“Despite a full investigation by the U.S. Attorney’s office, the FBI and the State of California into the allegations, I was never charged with anything whatsoever by anyone and was cleared of any wrongdoing,” he wrote.

The lawsuits from 2000 against Pierce were ultimately dismissed, but that hasn’t stopped a number of annual members of the board from canceling their membership in protest.

“I am sorry that 10 of 1,500 members chose to resign, but I am at a loss to explain why they would do so now and not after Mr. Karpeles allowed Mt. Gox to implode or Mr. Shrem was indicted. I am saddened and angered by this,” he added.

Mark Karpeles and Charlie Shrem both held seats on the Bitcoin Foundation board, of which are replaced by Brock Pierce and BTC China CEO Bobby Lee.

Piere, who’s working in part on a deal to acquire and re-establish Mt. Gox via Sunlot Holdings, says he’s making no plans to resign from his post.

“Stepping down from the board in response to hateful and uninformed chatter on bitcoin forums or because of these resignations is not rational, prudent or warranted. It would set a bad precedent for the Foundation, rewarding those who make scurrilous accusations and engage in character assassination, often anonymously.”

In a NEWSBTC poll from last week, we asked our visitors whether or not Bobby Lee and Brock Pierce were good choices for the Bitcoin Foundation board.

64.4 percent of respondents said they were not good choices, with the other 35.6 percent agreeing they were.

[textmarker color=”C24000″]Source[/textmarker] Wall Street Journal

 

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Short-Term Holders Face Prolonged Pain As Key Metric Stays Red

As Bitcoin continues to underperform in the fourth quarter of 2025, its investors have had multiple reasons to offload and...

Opeyemi Sule 11 hours ago
Ethereum

Big Bet On Ethereum: CEO Sees 10X TVL Growth In 2026

According to Sharplink co-CEO Joseph Chalom, Ethereum could see a major jump in total value locked (TVL) next year if...

Christian Encila 12 hours ago
Bitcoin

Bitcoin Fractal Hints Next Cycle Bottom To Form Around $45K — Here’s When

The price of Bitcoin has continued to struggle under the psychological $90,000 level during the Christmas season, reflecting the sluggish...

Opeyemi Sule 14 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Hovering In A Descending Range, But Alts Are Quietly Gaining Momentum

Godspower Owie 5 hours ago
Bitcoin

Bitcoin 4-Year Cycle Is Dead: Crypto Trader Explains What Happens Next

Scott Matherson 6 hours ago
Ethereum

Ethereum Pauses Mid-Range As Market Awaits A Clear Signal

Godspower Owie 8 hours ago

Premium Sponsors

Press Releases

  • 仮想通貨 おすすめ:12月27日時点で注目されるXRP・ソラナ・カルダノ

    仮想通貨...

    22 hours ago
  • 2025年に注目されるアルトコイン、ソラナやカルダノと並ぶ新興トレード型銘柄

    ...

    23 hours ago
  • 2025年に関心が高まるico 仮想通貨、話題の新世代プロジェクトとは

    2025年に関心が高まるico...

    23 hours ago
  • GameFiとミームコインが融合、Mine-to-Earn型新プロジェクトが2026年を牽引

    ...

    23 hours ago
  • ビットコイン価格見通し:金・銀価格の上昇がBTCを押し上げる可能性──ビットコイン 今後、強気相場は間近か

    ...

    2 days ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.