Was Tim Draper’s support of BCH the result of a hack?

Tim Draper, a well-known American project capitalist and serial cryptocurrency investor, would possibly no longer have promoted Bitcoin Money in any case.

A hacker seems chargeable for a Sept. four tweet from Draper mentioning that he had not too long ago bought Bitcoin Money (BCH) that in my view thanked Roger Ver. Despite the fact that the account “Draper” used to tag the Bitcoin.com founder was once a Ver imposter profile, the BCH proponent nonetheless thanked him for the frenzy the similar day.

Tim Draper

After the tweet was once deleted, OpenNode co-founder João Almeida confirmed on Sept. 6 that Draper’s account were compromised. Draper invested in OpenNode’s seed funding spherical in 2018.

“I used to be involved along with his group. He deleted the tweet once he was once conscious.” 

Draper’s purported endorsement of BCH was once skeptically won by means of many on Crypto Twitter, as he’s smartly referred to as probably the most largest Bitcoin (BTC) bulls. The billionaire investor has said that he holds “so much” of his portfolio in BTC after quitting public shares in desire of the cryptocurrency house in 2019, and is assured that the coin will destroy $250,000 by means of early 2023.

The true Draper has no longer posted to his account for the reason that incident to provide any roughly rationalization, resulting in hypothesis concerning the BCH message.

“Possibly it was once a hack in any case?” said Twitter consumer Whale Panda. “Almost definitely only a clueless or paid tweet that backfired.”

Draper has subsidized various ventures that experience no longer at all times been smartly won by means of many within the crypto group. In June, Telegram scammers made off with $40,000 from customers making an attempt to shop for the Preliminary DEX Providing (IDO) of Draper’s lending platform Defi Cash Marketplace.

“He’s been paid again and again to be an ‘consultant’ for lots of rip-off initiatives prior to now,” said Twitter consumer Crypto Whale, additionally speculating the BCH tweet was once a paid commercial that went flawed.

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