Shiba Inu’s Mysterious Founder Ryo Suzuki Explored

In a captivating series of tweets, TruthLabs (@BoringSleuth) has unveiled new details that could potentially identify the enigmatic founders of Shiba Inu ($SHIB). The tweets, dated August 31, 2023, disclose Suzuki’s connections to MIT’s Media Lab, a Microsoft internship, his advisory role and subsequent resignation from B2C2 Group, and a surprising link to Ethereum co-founder Vitalik Buterin.

The Shiba Inu project was anonymously launched in August 2020 by an individual using the alias “Ryoshi.” In statements about his own identity, Ryoshi has claimed to be an unimportant and inconsequential figure, suggesting that any attempts to reveal his true identity would ultimately prove to be unremarkable. Shiba Inu has emerged as one of the leading meme-based cryptocurrencies, having a global fan base that spans millions.

Advisors to B2C2 Group: Ryo Suzuki and Tsuyoshi Maruyama

The tweet from TruthLabs speculates that the anonymous founder “Ryoshi” could be a combination of two individuals: Ryo Suzuki and Tsuyoshi Maruyama. Both have served as advisors to B2C2 Group, a significant detail that adds a new layer to the ongoing mystery surrounding Shiba Inu’s creation. Ryo Suzuki notably resigned from his advisory role on April 27, 2021.

MIT Media Lab and High-Profile Associations

The Massachusetts Institute of Technology’s Media Lab has associations with high-profile individuals like Gary Gensler, Jeffrey Epstein, Caroline Ellison’s father and Bill Gates. Although the tweet lacks details about the purpose of Suzuki’s visit to the lab, it prompts speculation regarding possible partnerships or influences that could have contributed to the development of Shiba Inu.

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Source: Twitter

Microsoft Internship and Shiba Inu’s Launch

Ryo Suzuki was an intern at Microsoft during the time Shiba Inu was launched, adding another layer of complexity to the narrative surrounding the cryptocurrency’s origins.

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Source: Twitter

Advisory Role and Resignation from B2C2 Group

Ryo Suzuki and Tsuyoshi Maruyama were both advisors to B2C2 Group. Intriguingly, Suzuki resigned from his advisory role on April 27, 2021, a detail that adds further depth to the ongoing discussions about his identity and involvement in the Shiba Inu project. 

Vitalik Buterin’s Involvement

A follow-up tweet from TruthLabs revealed that Vitalik Buterin was gifted half of the Shiba Inu supply. “In 2018, the first outbound ETH the Shib deployer sent made its way to a personal wallet where Vitalik also sent ETH,” the tweet stated, suggesting a deeper connection between Shiba Inu and Ethereum.

Conclusion

The tweet thread from TruthLabs introduces fresh angles to the existing discourse about the elusive creator of Shiba Inu. As this information circulates within the cryptocurrency community, it remains to be seen whether additional revelations will come to light, further illuminating the mysterious individual behind high-profile Shiba Inu.

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Crypto Liquidity Provider B2C2 Acquires Woorton, Strengthening European Crypto Presence

B2C2, a prominent crypto liquidity provider catering to institutional clients worldwide and a digital asset pioneer shaping the future ecosystem, has finalized its acquisition of Woorton, a leading European entity in market making and over-the-counter transactions for the digital asset sector.

Founded in 2015 and majority-owned by the Japanese financial group, SBI, B2C2 has facilitated institutional access to cryptocurrencies by offering consistent liquidity across various market conditions. Its achievements are rooted in its crypto-native technology and continuous product innovation, with headquarters in the UK and branches in the US and Japan.

This acquisition underscores B2C2’s dedication to expanding its client base in Europe. With the forthcoming MiCA (Markets in Crypto Assets Regulation) regulations, B2C2 is poised to serve clients within the European Union jurisdiction. This move also paves the way for B2C2 to tap into client growth opportunities beyond the UK, Asia-Pacific, and the USA. A significant aspect of this acquisition is B2C2’s access to Woorton’s PSAN (prestataires de services sur actifs numériques) License, regulated by the AMF (Autorité des Marchés Financiers). This license permits B2C2 to operate within the European Union.

Established in 2017, Woorton boasts an active clientele of approximately 250 clients, trading in 96 coins with a 24/7 liquidity provision. The company has been actively engaged with regulatory bodies and co-founded ADAN (Association for the Development of Crypto-Assets). This association aims to foster dialogue between the digital asset industry and policymakers. Woorton has also played a pivotal role in initiating Paris Blockchain Week, an event that attracts over 5,000 attendees and 170 speakers globally, focusing on blockchain and digital assets.

Charlie Meraud, Woorton’s CEO, stated, “In joining forces with B2C2, we merge the unique strengths of both firms. This collaboration will offer our clients access to a more substantial liquidity pool and an enhanced market presence.”

Nicola White, B2C2’s CEO, remarked on the acquisition as a “significant milestone in B2C2’s growth journey.” She expressed enthusiasm about the potential opportunities this acquisition presents for B2C2 and its European clientele.

Thomas Restout, Head of EMEA at B2C2, highlighted Woorton’s innovative approach and its alignment with B2C2’s values and operational practices. He emphasized the synergy between the two firms, which will benefit clients in the European market.

Image source: Shutterstock

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SBI Looking for Crypto Joint Venture With Foreign Companies

Japanese financial conglomerate SBI Holdings Inc is holding talks with offshore financial firms to create a cryptocurrency joint venture. The CEO said the move is a result of the company’s plans to grow the business as a core pillar of profitability.

Investors are Looking Into Cryptos

SBI is the largest online brokerage in Japan and has been providing cryptocurrency trading services since 2018.

The comments of Yoshitaka Kitao, who founded the company in 1999, came when cryptocurrencies such as Bitcoin and Ethereum emerged as alternative investment destinations and global investors welcomed the fast-growing market.

Kitao told the release that the view on cryptocurrencies has changed, and investors worldwide are now looking for some form of space exposure. He even cited Elon Musk and Tesla’s announcements that the electric vehicle maker raised more than $1.5 billion in Bitcoin as an alternative investment holding company.


Kitao told Reuters that institutional investors, mostly hedge funds, have recently started investing in cryptocurrencies. Not just institutional investors, but Elon Musk too.

Kitao did not provide further details on the international companies negotiating with SBI but emphasized that the company will seek to make joint ventures an important part of its business and a source of future revenue. According to a Reuters report, SBI reported pre-tax profits from trading cryptocurrencies and carrying out transactions worth an estimated $63.9 million in 2020.

He added that to become number one in the world, they can buy a leading company or forging an alliance with a large global company. Their merger and acquisition strategy will not be like acquiring a minority stake in many companies.

SBI Has Been Making Major Moves

To expand its cryptocurrency portfolio, SBI bought into the local Tao Tao exchange last year and acquired a 90% stake in London-based crypto maker B2C2. Profit before tax from taxes on the cryptocurrency business was 6.7 billion yen ($63.9 million) for the nine months ended December, an 83% increase over the same period last year.

“Certainly,” said Kitao when asked if the business would be one of SBI’s most important sources of income. He also suggested considering large-scale mergers and acquisitions (M&A).

As reported by BTCManager, SBI has also launched a crypto lending service through the bitcoin trading section of the SBI VC Trade. This service offers lenders an annual return of one percent, and consumers can provide at least 0.1 BTC.

Specifically, the team explained that lenders will get up to one percent APY of their Bitcoin holdings and that each contract has a validity of 84 days. More digital currencies will be added soon, including XRP and Ether.


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