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

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

Tim Draper, a well-known American enterprise capitalist and serial cryptocurrency investor, may not have promoted Bitcoin Money in spite of everything.

A hacker seems accountable for a Sept. four tweet from Draper stating that he had lately bought Bitcoin Money (BCH) that personally thanked Roger Ver. Although the account “Draper” used to tag the Bitcoin.com founder was a Ver imposter profile, the BCH proponent nonetheless thanked him for the push the identical day.

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

“I used to be involved together with his crew. He deleted the tweet as quickly as he was conscious.” 

Draper’s purported endorsement of BCH was skeptically acquired by many on Crypto Twitter, as he’s nicely referred to as one of many greatest Bitcoin (BTC) bulls. The billionaire investor has said that he holds “rather a lot” of his portfolio in BTC after quitting public shares in favor of the cryptocurrency house in 2019, and is assured that the coin will break $250,000 by early 2023.

The actual Draper has not posted to his account because the incident to supply any type of rationalization, resulting in hypothesis concerning the BCH message.

“Perhaps it was a hack in spite of everything?” stated Twitter consumer Whale Panda. “In all probability only a clueless or paid tweet that backfired.”

Draper has backed quite a lot of ventures that haven’t all the time been nicely acquired by many within the crypto group. In June, Telegram scammers made off with $40,000 from customers attempting to purchase the Preliminary DEX Providing (IDO) of Draper’s lending platform Defi Cash Market.

“He’s been paid many instances to be an ‘advisor’ for a lot of rip-off initiatives up to now,” stated Twitter consumer Crypto Whale, additionally speculating the BCH tweet was a paid commercial that went flawed.

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