After losing the Kleiman case, Craig Wright could face another major lawsuit. British podcaster Peter McCormack said he was considering a class-action lawsuit against Wright, Calvin Ayre, and Jimmy Nguyen for falsely claiming that Wright is Satoshi and that Bitcoin SV is “Satoshi’s vision.”
No end in sight for Craig Wright’s legal woes
After Craig Wright’s year-long battle with the estate of his former partner, Dave Kleiman, came to an end earlier this week, many industry heavyweights doubled down on the self-proclaimed Satoshi Nakamoto. The judge’s ruling on the case was partially based on the fact that Wright lied, falsified documents, and deliberately obstructed court proceedings, which was taken by many as a clear sign that the court didn’t believe Wright was Satoshi Nakamoto.
While the entire industry has seen this a clear win for justice, some decided to push even further and hold Wright and his associates accountable for falsely claiming he was the original creator of Bitcoin.
British podcaster Peter McCormack, who is currently embroiled in a libel lawsuit with Wright, proposed filing a class action against the Satoshi claimant. In an Aug. 28 tweet, McCormack said that a class-action lawsuit “would only be right” for falsely claiming that BSV is the original vision of Satoshi Nakamoto, when it was proven that Wright is not Satoshi.
I am thinking that a class action lawsuit would only be right for falsely claiming a technology is Satoshi’s Vision when CSW is not Satoshi.
This has affected a lot of people. I’ll be talking to both my US lawyers and those who have been defrauded.
Let’s Wright this Wrong.
— Peter McCormack (@PeterMcCormack) August 28, 2019
The host of ‘What Bitcoin Did’ podcast said that he would be consulting with lawyers in the U.S. to determine the best way to deal with the matter, as well as those who have been “defrauded” by Wright and BSV.
Community divided on whether to double down on Wright
McCormack explained that the lawsuit would be filed against three individuals—Craig Wright, Calvin Ayre, and Jimmy Nguyen. The three are “likely” guilty of misleading investors by lying about BSV’s origins and claiming Craig Wright was Satoshi Nakamoto, he said.
All three are likely guilty of misleading investors by lying that Craig is Satoshi and that BitcoinSV is Satoshi’s Vision.
Meeting US lawyers next week.
— Peter McCormack (@PeterMcCormack) August 29, 2019
Many members of the crypto community applauded McCormack’s idea and said they would back him and help the lawsuit get off the ground. Crypto researcher Seeking Satoshi suggested crowd-funding the lawsuit to speed up the process.
This is a great idea Peter, maybe crowd-fund it so we can all contribute towards the eventual eradication of this imposter. What ever funding target is set, I'm sure it would be reached very quickly 👍
— SeekingSatoshi (@jimmy007forsure) August 29, 2019
Others saw this as an opportunity to bring Wright down once and for all, saying there was plenty of evidence lying around that show Wright defrauded investors.
However, not everyone seemed to be on board with the class-action lawsuit. Many commented it would be a waste of time, giving Wright more media attention than he deserves.Filed Under: People of Blockchain
Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.