#hodlonaut

Craig Wright vs Hodlonaut trial goes scheduled for round 2

(adsbygoogle = window.adsbygoogle || []).push();

Crypto influencer Hodlonaut announced that the Norwegian court had accepted Craig Steven Wright’s (CSW) appeal calling for a new trial. 

The new trial will be a complete rehearing, not just a re-visit of the final decision. Unfortunately, Hodlonaut didn’t disclose a date for this trial.

CSW vs. crypto influencers

CSW started to claim that he was the mysterious Bitcoin (BTC)founder, Satoshi Nakamoto, in 2015. The Crypto community reacted to these claims harshly and accused CSW of lying and trying to piggyback on Satoshi’s legacy.

Crypto influencer Hodlonaut and crypto podcaster Peter McCormack was among the ones who rejected CSW’s claims. CSW responded to them by filing a defamation suit for each. He argued that both Hodlonaut and McCormack motivated the crypto community into rejecting CSW’s claim and therefore impaired his reputation. CSW asked to be compensated for the damages dealt to his name.

Final decisions on the trials

CSW’s trial against Hodlonaut occurred between Sept. 12 and Sept. 20. The final verdict decided in favor of Hodlonaut and said that CSW had lied in his claims to be Satoshi. However, On Dec. 14, CSW appealed his loss and asked for a new trial, which got accepted on Dec. 23.

On the other hand, McCormack’s legal battle against CSW took place on Dec. 12. At the end of the trial, the Judge hinted that he agreed with CSW regarding the damages to his reputation.

However, the Judge also said McCormack was correct to reject CSW’s claims since he was dishonest with his Satoshi claims. Therefore, the Judge ruled that McCormack paid a sum of £1 in compensation for the nominal damages CSW took on his reputation.

The next day, on Dec.21, the court announced its final decision officially, where they stuck with the £1 fee but also ruled that McCormack would pay up to £900,000 to CSW’s defense. Norwegian court’s decision to accept CSW’s appeal regarding the judgment against the trial in the Hodlonaut case came two days after the McCormack hearing was finalized.

Despite both judges ruling that CSW was lying when claiming to be Satoshi, CSW continues to do so.

(adsbygoogle = window.adsbygoogle || []).push(); #Craig #Wright #Hodlonaut #trial #scheduled

Hodlonaut pays up: The bill is growing for Craig Wright’s detractors

Magnus Granath (aka Twitter user Hodlonaut) has paid Dr. Craig Wright another £140,000, CoinGeek has learned. The amount concerns Wright’s ongoing defamation case against Granath and brings the total amount received by Wright in the case to £210,000. The latest tally comes following the outcome of his English Court of Appeal victory in January, where he succeeded in convincing the Court to…

Is Bitcoin Too Hard To Understand?

I’ve spent a huge part of the last three years explaining Bitcoin to general audiences and the most common form of resistance I encounter is: “Bitcoin is too complicated. The masses will never understand it.”

It’s a fair argument. Bitcoin is complicated and if you want to reach a competent understanding of the big picture then, at a minimum, you’d better get…

Bitcoin To Enter Face-Melting Rally? Why Analysts Think Price to Jump

Bitcoin (BTC) hasn’t done too hot over the past few months, plunging some 50% since the June top of $14,000. The selling has stopped over the past few weeks, with the price of the leading cryptocurrency flatlining in the low-$7,000s.Despite this, sentiment has been rather bearish, with a confluence of prominent technical analysts recently remarking that they expect for the price of Bitcoin to…