In a dramatic conclusion to a five-year legal saga, Craig Wright, the controversial figure who claims to be the elusive creator of bitcoin, has dropped his claim against a prominent bitcoin enthusiast known as Hodlonaut.
The culmination of this long dispute marks a significant victory for Hodlonaut and casts further doubt on Wright's claims about his identity as Satoshi Nakamoto.
The origins of this legal dispute date back to May 2019, when Wright filed a lawsuit against Hodlonaut for critical social media posts.
Hodlonaut, a Norwegian Bitcoiner, had publicly accused Wright of being a “scamster” and a “fraud” for his claims of creatingbitcoin” target=”_blank” rel=”noopener nofollow”> bitcoin. This sparked a contentious legal battle that spanned several years and jurisdictions.
Courtroom showdown: Hodlonaut emerges victorious in defamation dispute
After a trial in Oslo in 2022, a Norwegian judge ruled in favor of Hodlonaut, concluding that there were reasonable grounds to believe that Wright had been deceptive in his attempts to prove his identity as Satoshi Nakamoto.
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I just spoke on the phone with my Norwegian lawyer.
CRAIG WRIGHT ABANDONED THE CALL IN NORWAY!
My 2022 victory is now final and enforceable.
This case began on May 19, 2019 and continued to this day.
I'm very happy!
Now I just need the UK case to be dismissed/won and I can…
— hodlonaut 80 IQ 10% (@hodlonaut) twitter.com/hodlonaut/status/1778457284806353177?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank”>April 11, 2024
This decision provided Hodlonaut with a crucial legal victory and served as a preventive measure against potential defamation proceedings that Wright could bring in the United Kingdom.
Despite Wright's appeal of the court's ruling, almost five years later, he finally relented and dropped his legal action against Hodlonaut.
This development underscores Hodlonaut's resistance and the skepticism surrounding Wright's claims within the bitcoin community.
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BTCUSD trading at $70,789 on the weekly chart: TradingView.com
COPA Triumph: Wright White Paper Ownership Claim Rejected
In a parallel legal battle, Craig Wright faced another setback when the crypto Open Patent Alliance (COPA) challenged his ownership claim over the bitcoin whitepaper.
After rigorous scrutiny, a court ruled against Wright, decisively rejecting his claim that he was the author of bitcoin's founding document. This ruling dealt a severe blow to Wright's credibility and further undermined his standing as Satoshi Nakamoto.
Wright's bitcoin Saga: Norwegian Lawsuit Ends, But Scrutiny Continues
The resolution of these legal disputes comes amid continued speculation and skepticism surrounding Wright's claims within the cryptocurrency community. While the conclusion of the lawsuit in Norway represents a victory for Hodlonaut, a defamation case against him is still pending in the United Kingdom.
Despite this looming legal challenge, the outcome of the Norwegian case underscores the difficulty Wright faces in substantiating his claims and the increasing scrutiny surrounding his alleged role in the creation of bitcoin.
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