Satoshi

Core

Satoshi Nakamoto

Bitcoin

James

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/uk-high-court-freezes-craig-wrights-assets-to-assist-peter-mccormack/" data-wpel-link="internal">UK High Court Freezes Craig Wright’s Assets to Assist Peter McCormack</a><br></p>
<p style="text-align: justify">The UK High Court has frozen the assets of computer scientist and businessman Craig Wright. The main reason for this action is to help <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">entrepreneur</a> Peter McCormack recover approximately 1.5 million British Pounds in legal costs. These costs stem from a defamation lawsuit Wright filed against McCormack in 2019.</p> 
<h2 style="text-align: justify" id="recalling-the-conflict-between-wright-and-mccormack">Recalling the Conflict Between Wright and McCormack</h2> 
<p style="text-align: justify">The legal conflict between Wright and McCormack began with various public statements, including tweets and a YouTube video, where McCormack accused Wright of falsely claiming to be <a href="https://en.coin-turk.com/argentinians-turn-to-bitcoin-as-national-currency-falters/" data-wpel-link="internal">Bitcoin</a>‘s pseudonymous creator, Satoshi Nakamoto.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-368408 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/bitcoin-14.jpg" alt="" width="740" height="415"></p> 
<p style="text-align: justify">Wright, who began claiming to be Nakamoto in 2016, took these accusations seriously and initiated legal action against McCormack for defamation.</p> 
<h2 style="text-align: justify" id="debates-over-the-satoshi-nakamoto-claim">Debates Over the Satoshi Nakamoto Claim</h2> 
<p style="text-align: justify">Wright’s claim to be Nakamoto became a highly controversial topic within the cryptocurrency community. To support his claim, Wright filed lawsuits against 13 Bitcoin Core developers, alleging they infringed on copyrights related to the Bitcoin whitepaper and specific elements of the Bitcoin protocol.</p> 
<p style="text-align: justify">The Crypto Open Patent Alliance (COPA), representing several defendants in Wright’s lawsuits, presented significant evidence showing that Wright fabricated documents to support his claims.</p> 
<h2 style="text-align: justify" id="what-does-the-court-decision-mean">What Does the Court Decision Mean?</h2> 
<p style="text-align: justify">After carefully evaluating the evidence presented by COPA, including allegations of forgery against Wright, the court concluded that Wright is not Satoshi Nakamoto. This decision, delivered by Judge James Mellor, dismantled Wright’s narrative of being Bitcoin’s inventor. It also provided a legal basis for dismissing the defamation claims against McCormack.</p> 
<p style="text-align: justify">As a result, the court ruled that McCormack did not defame Wright and is entitled to recover his legal costs. The freezing of Wright’s assets was a direct consequence of this decision. This allows McCormack to recoup his legal expenses. Wright likely did not believe his own claims and is now facing the financial repercussions of his actions. As the saying goes, don’t lift a stone you can’t carry; Wright was crushed under the weight of the Satoshi Nakamoto claim.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/uk-high-court-freezes-craig-wrights-assets-to-assist-peter-mccormack/" data-wpel-link="internal">UK High Court Freezes Craig Wright’s Assets to Assist Peter McCormack</a></h5>

UK High Court Freezes Craig Wright’s Assets to Assist Peter McCormack

Spis treści

COINTURK NEWS

Inne artykuły opublikowane 5 lip 2024

ETH to finally outperform BTC? Discover why it's great for these 5 cheap cryptos

PrimeXBT: A One Stop Trading Exchange For Beginner and Pros Alike

SEC Seeks Dismissal of Beba’s Lawsuit Over Token Classification, Citing Lack of Imminent Regulato...

Crypto liquidation reaches $685 million, as Mt. Gox moves BTC

Which Coin Will Reign Supreme in 2024? Monero, PepeCoin, and WW3 Shiba Emerge as Top Contenders t...

KangaMoon’s Upcoming Kangaverse Game Catches the Attention of Injective and Brett Investors

Zapisz się na bezpłatny newsletter i otrzymuj codzień aktualności ze świata kryptowalut!