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Tuesday, May 12, 2026

Satoshi Nakamoto fraud lawsuit earns 'Bitcoin inventor' Craig Wright just £1 in damages on 'false claims' - Notebookcheck.net

A London court dealt a blow to self-proclaimed Bitcoin inventor Craig Wright by awarding him only a pound sterling in damages as a verdict in his libel case against a blogger who tore down Craig's claim that he is behind the Satoshi Nakamoto collective that reportedly co-created the world's largest cryptocurrency. The blogger, Peter McCormack, issued the Satoshi Nakamoto claim rebuttal over a number of Twitter threads and YouTube videos back in 2019. McCormack called Craig Wright a "liar" and "moron" in those postings and the judge acknowledged that such words were "flippant in tone" yet "defamatory" and harmed Craig's reputation

The symbolic nominal damage verdict, however, was awarded on account of "deliberately false evidence" put forward by Craig's legal team before the trial. Mr. Wright argued that he'd been disinvited from speaking at 10 conferences in places as disparate as the US, France, Vietnam, Canada, or Portugal, following McCormack's tweets. The blogger's lawyers, however, submitted academic evidence (later withdrawn) that he had no invitations to such conferences. The court also couldn't find any tangible proof that Craig Wright had been called to speak about his peer-reviewed paper on crypto topics at any of the mentioned events with the exception of one, or that any invitations had been withdrawn after the series of defamatory tweets.

Thus, the main damage argument of Craig Wright was nullified by the court and it only found fair to award the least amount...



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