Senior scientific officer of the company nChain Craig Wright believes that the exchange Poloniex has violated the law, opening the bidding coins Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV) until November 15 hard forks of the cryptocurrency.
Earlier this week, Poloniex announced that it will support both circuit Bitcoin Cash, which can appear after an upcoming hard forks. Despite the fact that likely to split the chain stays a few days, the exchange has already started trading the appropriate coins.
According to Craig Wright, Poloniex actually offers prohibited by United States law of speculative short sales.
You do understand that allowing naked shorts and trades is a criminal offence in the US….
When you lose, we will be there with the lawyers and pick the carcass dry.
— Dr Craig S Wright (@ProfFaustus) November 10, 2018
“You understand that speculative short selling is a criminal offense in the US… When you lose, we will come to you with lawyers and will take your dead body” — he wrote Saturday on Twitter.
The Commission on securities and exchange Commission (SEC) banned the practice of speculative short sales after the financial crisis of 2008, although it admits that in some cases there may be exceptions to the rule.
If to consider the proposal Poloniex from a technical point of view, the exchange launched trading of assets which in fact do not yet exist, so the argument of Wright may well be wealthy.
Note that in the last 24 hours BCHSV (coin Bitcoin client SV, which supports Craig Wright) grew up on Poloniex more than 30%, while the asset corresponding to customer ABC Bitcoin fell more than 5%.
Earlier this week, the technical competence of Craig Wright questioned the CEO Bitcoin.com and one of the main supporters of the Cash Bitcoin Roger Ver.