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Craig Wright Drops Defamation Appeal Against Hodlonaut
Craig Wright, the Australian computer scientist who claims to be Bitcoin’s creator Satoshi Nakamoto, has decided to drop his appeal in a Norwegian defamation case against the well-known Bitcoiner Hodlonaut, also known as Marcus Granath.
The Legal Dispute
The legal battle began when Granath criticized Wright in a series of now-deleted posts, calling him a “fraud,” “mentally ill,” and a “pathetic scammer.” This led to Wright filing a defamation lawsuit against Granath in the UK, while Granath retaliated with a lawsuit in Norway.
Norwegian Court Ruling
In October 2022, a Norwegian court ruled in Granath’s favor, stating that Wright lacked sufficient evidence to prove his claim of being Satoshi Nakamoto. Granath expressed his joy over this victory, announcing on social media that the appeal in Norway had been dropped.
London High Court Verdict
Shortly after the Norwegian ruling, London’s High Court also made a significant decision regarding Wright’s claims. The court found that Wright had lied about being the creator of Bitcoin, with Justice Mellor stating that Wright is not Satoshi Nakamoto and is not associated with the Bitcoin system.
Assets Frozen
Following the court’s ruling, Wright faced further consequences as his assets were frozen by UK Judge James Mellor. This action was taken after Wright attempted to transfer shares of his London firm to a Singapore-based entity, potentially to avoid financial penalties.
Conclusion
Despite Granath’s success in the Norwegian case, the legal battle between him and Wright is not over, as the original libel lawsuit in the UK remains unresolved. The future of this ongoing legal dispute remains uncertain.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.