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 Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions
  • 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 Outlook Post Fed's 0.25% Rate Cut: Historical Patterns And Predictions

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 Headed For $200 Trillion? CEO Makes Bold Prediction

A new public company with a big Bitcoin stash is pitching a bold claim. Twenty One Capital, which listed on...

Christian Encila 16 hours ago
Bitcoin

Analyst: Bitcoin’s Cycle Is Intact, Yet No Longer Purely Market-Driven

According to Markus Thielen, head of research at 10x Research, Bitcoin’s familiar four-year cycle still exists, but what drives that...

Christian Encila 1 hour ago
Gemini AI Voorspelt Crypto Volatiele December Voor XRP Dogecoin En Cardano

Gemini AI Voorspelt Crypto Volatiele December Voor XRP Dogecoin En Cardano

Gemini AI, de nieuwe crypto AI van Google, schetst in zijn laatste Gemini AI voorspelling een onrustig decemberplaatje voor XRP,...

Lars Diederiksen 21 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

2026년 리플 전망 - 리플 가격, 신규 상승 사이클 재개 가능할까?

2026년 리플 전망 – 리플 가격, 신규 상승 사이클 재개 가능할까?

Soyeon Lee 1 hour ago
memecoin-market-cap-drop-pepenode-mine-to-earn-ethereum-tw

$DOGE、$SHIB 後繼者?迷因幣市值崩跌至三年新低!聰明資金開始「抄底」哪些新幣?

Ter Yim 3 hours ago
Nvidia CEO Bullish Op Bitcoin: 250k In 2026

Nvidia CEO Bullish Op Bitcoin: 250k In 2026

Lars Diederiksen 13 hours ago

Premium Sponsors

Press Releases

  • 2026年に向けて注目したい1ドル未満の有力アルトコイン

    ...

    14 hours ago
  • ico 仮想通貨:12月末までに注目したい低時価総額プロジェクト

    ico...

    14 hours ago
  • 仮想通貨 おすすめ:Bernsteinの新たな衝撃予測で2027年のビットコイン価格に注目

    仮想通貨...

    14 hours ago
  • イーサリアム 今後の価格見通し:4,400ドルで上値を抑えられる一方、ETF資金流入が加速

    イーサリアム...

    2 days ago
  • ビットコイン 今後の価格見通し:米議会が SEC に 401(k) での BTC 解禁を迫る、12.5 兆ドルの年金資金は新高値を後押しするのか

    ビットコイン 今後の価格見通し:米議会が...

    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.