Craig Wright news-Page 2
Craig Wright Won't Need to Pay Hodlnaut $60K Until Appeal Is Over, Says Counsel
Craig Wright, a self-proclaimed Bitcoin (BTC) creator, is apparently not required to pay legal fees for a failed libel suit against the Twitter crypto enthusiast known as Hodlonaut. In an Aug. 14 email to Cointelegraph, Wright’s legal representative argued that he is not obliged to pay legal costs in the defamation suit until the Norwegian Supreme Court considers an appeal. The spokesperson said, “Craig has appealed to the Norwegian Supreme Court. Craig’s Norwegian lawyers say that there is no obligation on Craig to pay the costs until that appeal is dealt with.” The new comments come in response to Hodlonaut …
Bitcoin / Aug. 14, 2020
Craig Wright Apparently in No Hurry to Pay $60K for Failed Suit
Craig Wright, a self-proclaimed creator of Bitcoin (BTC), is reportedly ignoring a court ruling that requires him to pay legal fees for a libel suit against Twitter crypto persona Hodlonaut. According to Hodlonaut, a court in Norway ruled that Wright should pay $60,000 in legal costs for the failed libel suit in early June 2020. In an Aug. 13 tweet, Hodlonaut said that the fees should have been paid out by Wright within two weeks after the judgement on June 8. However, the self-proclaimed Satoshi Nakamoto “has not paid a cent” in more than two months after the judgement, Hodlonaut …
Bitcoin / Aug. 13, 2020
Coming Soon: Craig Wright The Movie (and Book)
Bitcoin SV benefactor Calvin Ayre has announced he’s funding a documentary centered around the life and times of Craig Wright, the Australian man who claims to have invented Bitcoin. According to an Aug. 12 tweet from Ayre, the billionaire BSV backer and nChain board member has already given the go ahead to filming and provided an ‘in-production’ still. Ayre said he has hired a documentary film crew from London and they will “dig through everything” regarding Wright’s claim to be Satoshi Nakamoto. Reaction to the news was typically divided between BSV supporters like Neil Gallacher who said, “the more exposure …
Business / Aug. 13, 2020
Wright Decision & Paypal Allowing Crypto: Bad Crypto News of the Week
It’s been a relatively calm time for Bitcoin this week. The price has dropped a little, but not much and it’s still tickling $10,000. That makes concerns about a correction that takes the coin as low as $7,700 feel moot. If it happens, some experts say it would be a buying opportunity. Others though, think that price would be great for sellers. Investor Jim Rogers thinks that Bitcoin will eventually fall to zero and fade away. Max Keiser hopes that Rogers is wrong. The RT television personality has been saying that buying Bitcoin is the best way to address the …
Bitcoin / June 27, 2020
Judge Accepts Craig Wright’s Autism Defense, Says No to Sanctions
Craig Wright, the man who proclaims himself Satoshi Nakamoto, will not be subject to court sanctions and has been cleared to present an expert witness in support of his autism claim, when the Kleiman case proceeds to jury trial in two months. According to court documents filed June 24, U.S. District Judge Beth Bloom has ruled against a motion the Kleiman legal team filed on May 21 requesting sanctions be imposed rather than proceeding to trial, in response to their claims Wright “committed perjury, produced forgeries, and engaged in judicial abuse”. Though Judge Bloom concedes the Kleiman team had raised …
Technology / June 25, 2020
20 Questions Gavin Andresen Should Have Asked Craig Wright, But Didn't
The deposition of Gavin Andresen in the Kleiman v. Wright case unveils numerous new details about Craig Wright’s efforts to prove he is Satoshi Nakamoto. The deposition included questions about the proof session during which Wright allegedly signed a message with a private key from an early Bitcoin block. The deposition took place on February 26 and 27 2020. Though Kleiman’s attorney, Velvel Freedman, presented Andresen with dozens of questions, Andresen had little to share about his own diligence in authenticating Wright’s claims. We have grouped questions and responses by topic to make them more coherent. Didn’t talk about Satoshi …
Bitcoin / June 23, 2020
Here Are Some of the Upcoming Witnesses Requested to Speak in Kleiman v. Wright
The litigating parties in the Kleiman v. Wright case have presented a joint witness list, which includes Andreas Antonopoulos, Gavin Andresen, Wright’s ex-wife, and a confidential witness. The parties have requested 36 witnesses in total. The high profile crypto case that has enchanted the crypto community for years is scheduled to go to trial in late August. The witnesses are split into fact and expert witnesses. Notable witnesses Some of the notable fact witnesses include: Gavin Andresen, former chief scientist of Bitcoin (BTC) foundation, Kimon Andreou, who co-authored a book with late Dave Kleiman, Ira Kleiman, Dave Kleinman’s brother and …
Blockchain / June 23, 2020
5 Surprising Facts From Gavin Andresen’s Sworn Deposition
The recently released deposition of Gavin Andresen in the case of Kleiman v. Wright sheds new light on the personalities of Craig Wright, Satoshi Nakamoto, and not least of all, Andresen himself. Craig Wright called himself a fraud In an email to Andresen, Wright apparently admitted to being a fraudster: "I am a fraud, but I am a fraud that is free to work on what I need to do." Perhaps this admission (now in public domain) will make further lawsuits more challenging for Wright. Andresen may have had an early hint about BSV In a 2016 email to Andresen, …
Bitcoin / June 22, 2020
Gavin Andresen Casts Doubts on Craig Wright’s Satoshi Claim
Recently released depositions suggest that Gavin Andresen now has doubts that Craig Wright is Bitcoin creator, Satoshi Nakamoto. The depositions, which are connected to Wright’s case against the estate of his alleged business partner, David Kleiman, show that Andresen was asked if he still believed that Wright is Satoshi. Andresen said he did initially believe Wright to be the creator of Bitcoin — or at least one-third of a group calling themselves Satoshi Nakamoto — but later on felt that he had been, in his words, bamboozled. Andresen said: “There are places in the private proving session where I could …
Bitcoin / June 20, 2020
Market Predictions, Miner Fees Fluctuate, & China Moves Fast: Bad Crypto News of the Week
An eventful week for Bitcoin this week. It ended down nearly 5 percent but at one point, things were looking much worse. A collapse to $8,900 sparked talk of a three-month correction—which could be exacerbated by the expiration of more than 100,000 Bitcoin options next Friday. So far at least, the correction appears to have largely corrected itself but that might be because of the turmoil in the stock markets. Yoni Assia, CEO of eToro, predicts a market crash in three weeks. Bitcoin is currently outperforming the market and acting as a safe haven. The week has been eventful away …
Blockchain / June 20, 2020
Binance Pool Is Now the Largest Bitcoin SV Miner
A year after removing Bitcoin SV from its exchange in April 2019 and the mining pool operated by leading crypto exchange Binance now produces more blocks than anyone else. According to crypto statistics and services platform Coin Dance, Binance Pool is the largest miner of Bitcoin Satoshi’s Vision (BSV) blocks as of June 16. Binance Pool is responsible for 26.39% of all BSV blocks mined, with Huobi’s mining arm ranking second with 13.19%. Source: Coin Dance BSV ‘didn’t meet standards’ Binance delisted and ceased trading of all trading pairs for BSV in April 2019. The crypto exchange explained that it …
Altcoin / June 17, 2020
Former Mt. Gox CEO Mark Karpeles: Craig Wright Is ‘Either a Thief or a Fraud’
Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin (BTC) that Craig Wright lays claim to was stolen from the exchange in March 2011. Cryptocurrency experts side with Karpeles. Bitcoins were stolen Karpeles confirmed to Cointelegraph that the Bitcoin residing at 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF was stolen from Mt. Gox: “I confirm, this was confirmed in 2011 and records are also part of court documents available publicly.” Also, speculating about Wright’s motivation in this turn of events in the Tulip Trust saga, Karpeles opined that nChain’s chief scientist is just trying to put forward some “evidence” of his status: “To be …
Bitcoin / June 16, 2020