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Tag Archives: craig wright

Craig Wright’s Case Against Bitcoin Developers Headed to Full Trial

Tulip Trading – a Seychelles-based company founded by Craig Wright – has successfully brought its case against multiple Bitcoin developers to trial in the United Kingdom.  Wright’s firm alleges that these developers owe “fiduciary duties,” or “duties of care” to police and control the Bitcoin network.  The Duties of Bitcoin Developers The ruling, handed down on February 3, marks a successful appeal from Tulip to the U.K. Court of Appeals to overturn a decision previously...

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Peter McCormack Vs Craig Wright: CSW Has Not Established He is Satoshi

In the final trial between Bitcoin proponent Peter McCormack and computer scientist Craig Steven Wright (CSW), UK High Court Judge Martin Chamberlain ruled that the former should pay a fine of $1.1 million. According to the court document, McCormack failed to prove that he was telling the truth when he labeled Wright a fraud. However, Judge Chamberlain said that the legal proceedings have not established that Wright is Satoshi. The scientist then contested that McCormack...

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Edward Snowden Calls Out Craig Wright for Being a Fraud

Famous whistleblower and ex-NSA contractor Edward Snowden clapped back at the self-styled Bitcoin creator Craig Wright on Monday, after the latter accused Snowden of being a traitor.  The intelligence expert suggested that Wright has committed fraud, and is lying about his identity as Bitcoin’s creator.  The feud began with Snowden publishing a copy of Bitcoin’s whitepaper on Twitter, in celebration of the document’s 14th birthday.  Snowden added that its creator remains...

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Hodlonaut Prevails in Lawsuit Against Self-Described Satoshi Craig Wright

Twitter’s anonymous Bitcoiner Hodlonaut has officially won their lawsuit against Craig Wright – the Australian computer Scientist who claims to be Bitcoin’s creator, Satoshi Nakamoto.  According to the ruling, Norwegian judge Helen Engebrigtsen declared that Hodlonaut had “sufficient factual grounds to claim that Wright had lied and cheated in his attempt to prove that he is Satoshi Nakamoto.” The Twitter user claimed in 2019 that Wright is both a “fraud” and “scammer,” in a...

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Crypto Litigator Kyle Roche Removed from His Firm’s Class-Action Dept.

Anonymous website Crypto Leaks recently published video footage of Kyle Roche – a known crypto litigator – talking about what a huge stake he has in a company known as Ava Labs, which dabbles in blockchain and distributed ledger technology. Kyle Roche Is Feeling the Heat In the video, he also appears to talk about filing suit against competitors of the company. He also refers to class-action plaintiffs and jurors as “idiots.” This has set up an improper conduct...

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Craig Wright Forfeits $43 Million in Interest Payments

Last December, a case between Craig Wright – an Australian computer scientist and the self-proclaimed inventor of bitcoin – and David Kleiman, now deceased, saw Wright having to forfeit as much as $100 million to Kleiman’s family and estate. It was alleged in the case that the two had worked together on various bitcoin-related projects several years prior and that Kleiman never received the financial payouts he was owed. Craig Wright Has to Pay Even More However, while...

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Self-Declared BTC Creator Craig Wright Wins in Court

Craig Wright has won his bitcoin-related civil suit, casting doubt on all those who said the London-based Australian computer scientist wasn’t Satoshi Nakamoto. Craig Wright Is Victorious in Court The suit centered around an alleged stash of cryptocurrency and bitcoin units worth approximately $54 billion at the time of writing. A jury in Florida has dismissed approximately six of seven charges brought forth by the family of David Kleiman, who allegedly worked with...

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Craig Wright Owes Kleiman’s Company $100M For Conversion, Rules Jury

Craig Wright – the man who claims to be Satoshi Nakamoto (the inventor of Bitcoin) – has been found to not have had a business partnership with Dave Kleiman, a deceased Florida forensics expert. However, he still must pay $100 million in compensation for stealing Kleiman’s company in Florida. The Ruling The ruling for Wright’s case was revealed by CoinDesk earlier today. Apparently, the Jury chose to make Wright pay his $100 million damages in fiat currency alone, writing “0...

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BTC Developer Satoshi Nakamoto Is a Very Rich Man

Satoshi Nakamoto – the anonymous creator of bitcoin, the globe’s number one digital currency by market cap – is now listed as the 15th richest person. Satoshi Nakamoto Is Now Amongst the Uber Rich Bitcoin first rose to prominence over 12 years ago. It was mined for the first time in January of 2009, and many traders now view the currency not just as a speculative tool, but as a hedge of sorts; something that can keep their wealth steady during times of economic strife....

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BSV Has Become the Latest Victim of a 51% Attack

Bitcoin SV (BSV) – a currency that emerged a few years ago through a hard fork of bitcoin cash – has been subjected to a 51 percent attack. Analysts claim that the attack may have been an attempt to fully destroy the asset. Bitcoin SV has now dropped by more than five percent. BSV Is Under Attack A 51 percent attack usually occurs through the hands of a miner or miners that are looking to somehow profit from a particular asset’s blockchain. The persons involved try to...

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