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Time of India
07-07-2025
- Business
- Time of India
Crypto legend Roger Ver resurfaces? Dormant whale may have just moved $8.6 billion in Bitcoin after 14 years
Something big just happened in the crypto world, after lying quiet for 14 years, a crypto whale, someone who is an early adopter holding a huge amount of Bitcoin, suddenly moved $8.6 billion worth of coins in just one day, as per a report. Many in the crypto community believe this mysterious whale could be Roger Ver , one of the earliest investors of Bitcoin, according to a Tom's Hardware report. Crypto Whale Awakens: $8.6 Billion in Bitcoin Moves After 14 Years Eight Bitcoin wallets, each holding 10,000 BTC, transferred their holdings as of July 5, totalling 80,000 Bitcoins, as per the Tom's Hardware report. These wallets date all the way back to Bitcoin's early days between 2009 and 2011, when the cryptocurrency was still new and worth only pennies, according to the report. Back then, whoever owned these coins invested less than $210,000, and now those coins are worth over $8.6 billion, as reported by Tom's Hardware. According to the report, the previous biggest Bitcoin transaction was just 3,700 BTC, and this new movement of 10,000 BTC at once broke that record by a huge margin. ALSO READ: Meet Scott Ruskan: The Coast Guard hero who saved 165 lives during the Texas floods Speculation Points to Roger Ver Crypto analyst Arkham pointed out that all these wallets belong to the same person, but no one knows exactly who, but speculation is growing that it could be Roger Ver, as that's what @SaniExp on social media X claims with "99%" assurance, as per Tom's Hardware report. A few even speculated that he executed the "sale" as part of a potential plea deal with the US government, as he is wanted in the United States on tax fraud charges and, earlier this year, appealed to US President Donald Trump for a pardon to avoid extradition, as reported by Tom's Hardware. Live Events A 14-Million Percent Return The movement had started around early Friday, when two wallets that had been inactive for 14 years suddenly transferred 10,000 BTC each to new addresses, as reported by Tom's Hardware. The original wallets date back to April 3, 2011, when they initially received a large amount of Bitcoin, when one Bitcoin was valued at only 78 cents, so that means 10,000 BTC would be worth $7,800, which is almost a 14 million percent jump, according to the report. ALSO READ: AI stocks could crash like Dot-Coms, says Wall Street veteran — suggests these safer bets instead Then after eight hours, six more wallets from the same era, with each containing 10,000 BTC, were moved without any prior test transactions, reported Tom's Hardware. These holdings were from May 4, 2011, when Bitcoin had increased to $3.25, so totally, these eight wallets add up to 80,000 Bitcoin, and the entire stash is believed to have been held by the mysterious whale, according to the report. FAQs Could Roger Ver really be the whale? It's unconfirmed, but some crypto analysts and social media users believe he's the most likely candidate. Why would Ver move the Bitcoin now? Some speculate it could be related to his legal troubles, possibly tied to a deal or to protect his assets.
Time of India
07-07-2025
- General
- Time of India
Meet Scott Ruskan: The Coast Guard hero who saved 165 lives during the Texas floods
Scott Ruskan , a rescue swimmer with the US Coast Guard, is now being called an " American hero " as he saved 165 people affected by the flash floods in Texas during his first mission over the Fourth of July weekend, as reported by Newsweek. Scott Ruskan Hailed as Hero After Saving 165 in Texas Floods Ruskan is based out of New Jersey and previously worked at KPMG as an accountant, but later he enlisted in the US Coast Guard in 2021, according to the report. Once he completed rescue swimmer training, he was stationed in Corpus Christi, Texas, as per Newsweek. The 26-year-old told The New York Post in an interview that, "I'm mostly just a dude. I'm just doing a job. This is what I signed up for, and I think that any single Coast Guard rescue swimmer or any single Coast Guard pilot, flight mechanic, whoever it may be, would have done the exact same thing in our situation," as quoted by Newsweek. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Apotheker packt aus: 7-Minuten Trick bei Nagelpilz Heilratgeber Weiterlesen Undo The rescue swimmer was in charge of triage at Camp Mystic, which is a summer camp where there were 700 girls at the time the flash flood had hit the Guadalupe River, as reported by Newsweek. ALSO READ: AI stocks could crash like Dot-Coms, says Wall Street veteran — suggests these safer bets instead Live Events Multi-Agency Teamwork Behind the Rescue Ruskan's mission needed extensive cooperation between the Coast Guard, the Texas Department of Public Safety, the Air National Guard, and Texas Task Force 1, a FEMA urban search and rescue task force, as reported by Newsweek. The search and rescue technician with Texas Task Force 1 had called the Coast Guard for help for an emergency rapid response, as per the report. He explained that, "That's a little bit outside our area of operation normally, but people were in danger, and we're a good asset to try and help people out, and these guys were asking for help, so that's kind of what we do," as quoted by Newsweek. Ruskan helped to lead the rescue mission that brought 165 people to safety and said that, "So we basically got the majority of the people out of Camp Mystic, which is awesome. And I feel like we did a lot of good that day, but obviously it's still super sad," and also added that, "There's still a lot of people missing and unaccounted for, so the mission's not over yet. It's not over for us," as quoted in the report. ALSO READ: Trump's tariff drama is fake and just for TV, says White House source in bombshell leak Praise From Homeland Security Homeland Security Secretary Kristi Noem praised Ruskan's efforts on a social media X post, saying, "United States Coast Guard Rescue Swimmer and Petty Officer Scott Ruskin, directly saved an astonishing 165 victims in the devastating flooding in central Texas. This was the first rescue mission of his career and he was the only triage coordinator at the scene. Scott Ruskin is an American hero," as quoted by Newsweek. Flash Floods Hit Hard Over Holiday Weekend Flash floods had been going on across central Texas during the Fourth of July weekend and are expected to last up until at least Monday morning, as the Guadalupe River rose over 20 to 26 feet within 90 minutes, which led to widespread devastation and forced evacuations, according to the Newsweek report. ALSO READ: Xi Jinping losing his grip? Signs emerge of chaos in China's military and political circles FAQs Who is Scott Ruskan? He is a 26-year-old US Coast Guard rescue swimmer who helped save 165 people in his very first mission, as reported by Newsweek. What was Ruskan's role in the rescue? He was in charge of triage and helped coordinate the evacuation of people from a flooded summer camp.
