• Home
  • Bitcoin
  • Craig Wright Faces Setback as UK Supreme Court Rejects Appeal in Libel Lawsuit
Craig Wright Faces Setback as UK Supreme Court Rejects Appeal in Libel Lawsuit

Craig Wright Faces Setback as UK Supreme Court Rejects Appeal in Libel Lawsuit

UK Supreme Court Rejects Craig Wright’s Appeal in Legal Dispute with Peter McCormack

The U.K. Supreme Court has denied Craig Wright’s request to appeal a decision in his legal battle with Bitcoin podcaster Peter McCormack. Despite claiming to be Satoshi Nakamoto, the creator of Bitcoin, Wright has been unable to provide convincing evidence and has taken legal action against those who doubted him.

Peter McCormack Emerges Victorious

Craig Wright filed a defamation lawsuit against Peter McCormack for rejecting his claim as Satoshi Nakamoto. In 2023, Wright lost the libel case, and this recent ruling may finally put an end to their five-year legal dispute.

“The Supreme Court refused permission for Craig Wright’s appeal. They’re very pleased that the judgment stands – the one pound nominal damages award, which Craig has tried to appeal twice unsuccessfully,” said Rupert Cowper-Coles, representing McCormack.

McCormack confirmed the development on X (formerly Twitter), expressing relief that the Supreme Court denied Wright’s final appeal. He stated, “This is the end of the line for Wright’s substantive claim against me.”

Wright Offers Settlement to COPA

In another legal battle, Craig Wright has reportedly proposed a settlement offer to members of the Crypto Open Patent Alliance (COPA) and other involved parties. The offer, outlined in a letter on his personal blog, suggests waiving Wright’s database rights and copyrights related to BTC, BCH, and ABC databases. He also offers an “irrevocable license in perpetuity” to his opposing parties.

This settlement offer adds another layer of controversy to the ongoing disputes surrounding Craig Wright’s claims within the crypto community.

Hot Take: Craig Wright’s Legal Setbacks Continue

The rejection of Craig Wright’s appeal by the U.K. Supreme Court in his legal dispute with Peter McCormack is another blow to his credibility. Despite his persistent claims of being Satoshi Nakamoto, Wright has failed to provide substantial evidence. This ruling may bring an end to their long-standing legal battle.

In addition, Wright’s settlement offer to COPA and other parties involved in ongoing legal disputes showcases the complexities and controversies surrounding his claims within the crypto community.

Read Disclaimer
This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

Share it

Craig Wright Faces Setback as UK Supreme Court Rejects Appeal in Libel Lawsuit