This is what the self-proclaimed “Satoshi Nakamoto” Craig Wright got in his case!

This is what the self-proclaimed “Satoshi Nakamoto” Craig Wright got in his case!

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Answer This is what the self-proclaimed “Satoshi Nakamoto” Craig Wright got in his case!

Craig Wright, an Australian computer scientist who claims to be the creator of Bitcoin and Satoshi Nakamoto, has won a defamation lawsuit against Peter McCormack, a cryptocurrency analyst and host of the popular What Bitcoin Did podcast.

Craig Wright was awarded a micro-payment of £1 as a result of a legal battle that lasted several years.

It should be noted that Wright was suing for fees that amounted to about $122,000.

Despite ruling in Wright’s favour, UK Supreme Court Justice Martin Chamberlain awarded only symbolic damages in the case after it was found that Wright had lied about some key parts of his testimony.

Read:The total market value of Cardano “ADA” coin rises to $ 27 billion in two weeks

In particular, he lied about being denied academic conferences because of McCormack.

The judge wrote:

Dr. “Wright” made a deliberately false case regarding the lack of invitations from academic conferences in the amended prosecution details and first witness statement.

The controversial academic filed his lawsuit against McCormack in April 2019 after the latter called Craig Wright a fraud.

McCormack, the host of the “What Bitcoin Did” podcast, thanked his attorney for his hard work in his statement.

He said he was very happy with the result.

Craig Wright’s extravagant victory drew a lot of ridicule on Twitter.

Paolo Arduino, chief technology officer of Bitfinex and Tether, quipped:

The amount of money Craig Wright earned would not be enough to buy a cup of coffee at Starbucks.

In the past, the computer scientist also sued Ethereum founder Vitalik Buterin for defamation, but the case was eventually abandoned.

His lawsuits against Blockstream CEO Adam Buck and Bitcoin Cash supporter Roger Ver have been dropped.

Read:Expected launch of Bakkt platform postponed to 2019

Notably, the court did not rule on whether or not Wright created bitcoin despite the positive ruling in his favour.

It is also worth noting that McCormack offered Craig Wright up to $315,000 if he could sign a Bitcoin transaction with the help of Satoshi’s private keys, i.e. moving bitcoins from the oldest wallet belonging to the real Satoshi Nakamoto.

Read also:

The founder of Cardano breaks the silence and talks about the reasons for the delay in the promotion of “Vasil”

Cryptocurrency market plunges by $50 billion in two days as Bitcoin drops below $23,000

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