Cryptheory – Just Crypto

Cryptocurrencies are our life! Get an Overview of Market News

Craig Wright delays paying $ 60,000 in court costs following Hodlonaut’s failed lawsuit

2 min read

According to Hodlonaut, Craig Wright, the self-proclaimed creator of Bitcoin (BTC), ignores his legal obligations after a failed legal battle over defamation.

Craig Wright delays paying $ 60,000 in court costs following Hodlnaut's failed lawsuit

Wright lost the lawsuit to Hodlonaut

The first interesting piece of information is that Wright has filed a lawsuit against Hodlonaut. If you were here in April 2019, you may have noticed the self-proclaimed Satoshi’s attacks on the community. Wright was very picky when someone wrote that he was a fraud. He even announced a reward for Hodlonaut’s identity at the time.

Hodlonaut is a Norwegian user of Twitter and, by the way, also the creator of The Lightning Torch, which is a payment torch passed on through the Lighting Network. According to Hodlonaut, a court in Norway ruled that Wright should pay $ 60,000 to the other party in court for a failed defamation lawsuit in early June 2020.

Court costs

According to Hodlonaut, court costs were due within two weeks of the June 8 verdict. However, the self-proclaimed Satoshi has not yet “paid a penny.” Hodlonaut said on his Twitter:

https://twitter.com/hodlonaut/status/1293833469907349505

The defamation lawsuit against Hodlonaut is one of a series of similar lawsuits that Wright has filed against well-known members of the community. These included Ethereum co-founder Vitalik Buterin, BCH founder and Wright’s former colleague Roger Ver and podcaster Peter McCormack. While trying to deny allegations that he lied about his alleged founding of Bitcoin, he failed in any of these lawsuits.

Wright vs. Kleiman case

In addition to multiple defamation lawsuits, the self-proclaimed Satoshi is the center of a long-running legal battle initiated by the estate of his former partner Dave Kleiman. In this case, Wright must prove his access to about 1.1 million bitcoins, which he allegedly mined together with Kleiman in the first days after the formation of bitcoin. Instead, the judge repeatedly found some statements untrue. He was also repeatedly caught alleging plagiarism.

Another scandal came when he was linked to the 1Feex address associated with the Mt. Gox hack.

You might also like: Top 8 Dogecoin Faucets to Start Earning DOGE in 2020

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

Leave a Reply

Your email address will not be published. Required fields are marked *