In a significant development in the Faketoshi saga, the famous Bitcoiner known as Hodlonaut has announced a major legal victory. After a prolonged legal battle that began on May 19th, 2019, Craig Wright, who has claimed to be Bitcoin creator Satoshi Nakamoto, and proven to be not, has withdrawn his appeal in a Norwegian court case. This move solidifies Hodlonaut’s win from 2022 as final and enforceable.
The case attracted widespread attention as it centered around the contentious identity claim of Satoshi Nakamoto, with Wright asserting that he is the elusive Bitcoin creator, a claim that has been met with skepticism and challenged by many within the crypto space. It has not been confirmed to be false by a UK court. Hodlonaut, one of the vocal challengers, faced legal action from Wright, which many observers saw as a critical test of freedom of expression and the ability to question public figures in the crypto industry.
Hodlonaut’s announcement on social media channels expresses relief and joy, marking the end of a legal saga that has spanned nearly five years. With the Norwegian case now concluded, Hodlonaut’s attention turns to a related case in the United Kingdom, with hopes to have it similarly dismissed or won, which would allow a full closure and the opportunity to finally move forward, free of litigation.
The dropping of the appeal by Craig Wright not only represents a personal victory for Hodlonaut but also seems to resonate with the broader crypto community as a stand against unfounded and aggressive legal tactics. It underlines the community’s values of robust debate and the defense of individual rights against intimidation.
Following the announcement, community reactions have been swift, with expressions of support and congratulations pouring in. A reply from Rahul Sood, another well-known figure in the tech and gaming industries, touches on the underlying question that spurred the lawsuit, asking if this legal outcome implies that Craig Wright’s claims of being Satoshi Nakamoto are fraudulent. Hodlonaut’s succinct response, “Yes,” reaffirms his stance on the matter.
Adam Back, a respected figure in the industry, expressed his elation at the news, while also inquiring about the status of related legal proceedings in the UK, implying the broader implications of the Norwegian decision. Dr. Tufty Sylvestris encapsulated the sentiment of many with a succinct acknowledgment of the positive outcome, summing up the protracted nature of the case with a simple “Finally.”
Similarly, “Bitcoin for Freedom,” reflecting the sentiments of many cryptocurrency advocates who value the foundational principles of freedom and innovation within the space, shared a brief but enthusiastic “Congrats!” to Hodlonaut.
As the situation unfolds, the cryptocurrency world watches closely, as these legal proceedings do not just shape the narrative around the identity of Satoshi Nakamoto, but also set precedents for how legal challenges are approached and resolved in the future where it comes to Craig Wright.
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- Lucy Walker covers finance, health and beauty since 2014. She has been writing for various online publications.
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