Satoshi Smackdown: Fake Bitcoin Inventor Drops Lawsuit Against Critic

In an unexpected turn of events, Craig Wright, the contentious individual who asserts himself as the hidden mastermind behind Bitcoin‘s creation, has abandoned his five-year-old court battle against Hodlonaut, a well-known Bitcoin advocate.

This long-running argument reaches its climax, bringing about a major triumph for Hodlonaut while adding more uncertainty to Wright’s claims about being Satoshi Nakamoto.

This ongoing legal dispute between Wright and Hodlonaut can be traced back to May 2019, when Wright initiated a lawsuit in response to Hodlonaut’s harsh social media comments.

A Norwegian man named Hodlonaut openly accused Wright of being a deceitful person and a swindler due to his alleged creation of Bitcoin. This led to a lengthy and complicated lawsuit that continued for numerous years and involved various legal systems.

Courtroom Showdown: Hodlonaut Emerges Victorious In Defamation Dispute

In a court case held in Oslo in the year 2022, the judge presiding over the trial determined that Hodlonaut presented valid reasons to doubt Wright’s claims of being Satoshi Nakamoto.

Just got off the phone with my Norwegian lawyer.
CRAIG WRIGHT DROPPED THE APPEAL IN NORWAY!
My win from 2022 is now final and enforceable.
This case started May 19th, 2019 and lasted until today.
I’m very happy!
Now I just need to get the UK case dismissed/won and I can…
— hodlonaut 80 IQ 10%er (@hodlonaut) April 11, 2024

Hodlonaut gained a significant legal triumph from this decision, which acted as a preventative measure against any possible defamation lawsuits Wright could file in the UK.

Five years after Wright unsuccessfully challenged the court’s decision, he has ultimately given up on further legal proceedings against Hodlonaut.

This incident highlights Hodlonaut’s tenacity and the doubt cast on Wright’s assertions among Bitcoin enthusiasts.

Satoshi Smackdown: Fake Bitcoin Inventor Drops Lawsuit Against Critic

COPA Triumph: Wright’s Whitepaper Ownership Claim Rejected

In a related court case, Craig Wright encountered another obstacle when the Crypto Open Patent Alliance disputed his assertion of being the rightful owner of the Bitcoin whitepaper.

Following a thorough examination, the court dismissed Wright’s claim that he wrote Bitcoin’s founding document. This verdict seriously damaged Wright’s reputation and weakened his stance as the possible identity of Satoshi Nakamoto.

Wright’s Bitcoin Saga: Norwegian Lawsuit Ends, But Scrutiny Remains

Amidst persistent questioning and doubts within the cryptocurrency world, these legal disputes have been resolved. The decision in favor of Hodlonaut from the Norwegian lawsuit is seen as a win, but he still faces a defamation trial in the UK.

In the face of this pending legal issue, the Norwegian case result highlights the challenges Wright encounters in proving his assertions and the increasing skepticism regarding his involvement in the genesis of Bitcoin.

Read More

2024-04-12 10:56