Tag Archives: craig wright

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Jack Dorsey is creating what he’s calling the “Bitcoin Legal Defense Fund” that will, according to a recent statement, ensure the open-source nature of all bitcoin’s code. Jack Dorsey to the Rescue! The idea behind bitcoin is that it should help those who cannot gain access to standard financial products and...

Australian computer scientist Craig Wright has found himself on the losing end of a bitcoin-related copyright case. It has been decided by a U.K. judge that the file format of the bitcoin blockchain project can’t be protected by any form of copyright law. Craig Wright Holds a Losing Torch Wright has been at the center of controversy in the crypto space for several years. Not long ago, Wright made the claim that he is Satoshi Nakamoto, the pseudonymous creator of the...

Craig Wright – the Australian computer scientist who has long claimed to be Satoshi Nakamoto – is taking a lot of flak for implementing a new feature into his BSV (bitcoin SV) token. The Vision of Satoshi Nakamoto Is Arriving in an Odd Place The new feature is known as a “blacklist manager,” and it’s a software tool that allows users and investors to take back coins from thieves should their assets be stolen. At the heart of the matter is something that appears to be...

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...

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...

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...

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...

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...

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...

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...