Crypto Neighborhood Reacts to Hodlonaut Historic Win in Authorized Battle In opposition to Craig S. Wright


20 October 2022 21:31, UTC


Studying time: ~3 m

Magnus Granath (aka Hodlonaut) wins defamation case towards Australian Pc Scientist Craig Wright, after a trial in Norway in Sep. 2022.

Norwegian Choose Helen Engebrigtsen dominated on Oct. 20, 2022, that Hodlonaut had sufficient grounds to allege that Wright lied that he was Satoshi Nakamoto.

Hodlonaut celebrates with former lawyer

Accordingly, she acquitted Granath. She ordered Wright to pay about $383,000 for Granath’s authorized prices.

The decide’s ruling comes a lot sooner than anticipated. After the seven-day trial that ended on Sep. 21, 2022, she had set a tentative date for a judgment of Nov. 8, 2022. Regardless, the total ruling, translated from Norwegian, might be discovered right here.

After Hodlonaut’s victory, legal professional Preston Byrne stated he was happy with Hodlonaut. In response to Byrne, he was Granath’s counsel on a pro-bono foundation in 2019.

In response to Twitter thread by Hodlonaut, the case involved tweets Granath made in 2019. Within the tweets, Hodlonaut alleged that Wright was a fraud. Subsequently, on Mar. 29, 2019, Wright’s attorneys contacted Granath to ask that he take away the tweets, apologize to Granath, and testify in court docket that Wright was the pseudonymous bitcoin founder Satoshi Nakamoto.

Then, on April 11, 2019, Wright provided a $5,000 bounty for Hodlonaut’s true identification. This provide resulted in a manhunt.

After Wright’s provide, Hodlonaut’s supporters began the #WeAreAllHodlonaut marketing campaign.

After looking for authorized recommendation, Granath didn’t comply. As a substitute, he filed a lawsuit towards Wright on Might 19, 2022, in Oslo, Norway. The lawsuit stated that Norwegian freedom of speech legal guidelines protected the tweets. Wright unsuccessfully tried to have the Norway case dismissed. Accordingly, the case went to trial on Sep. 12, 2022.

Hodlonaut’s case was a battle for bitcoin

Many individuals and corporations on Twitter noticed Granath’s case as a battle for Bitcoin.

For instance, Swiss {hardware} pockets maker Shift Crypto, wrote in a weblog publish that it noticed the case as a authorized assault towards bitcoin. It later donated 10,000 to assist Hodlonaut,

Equally, Amber, an Australian Bitcoin app that helps folks accumulate and spend money on bitcoin, voiced its assist in a weblog publish.

After the decision, Bitcoin hodler Derek Ross congratulated “ALL Bitcoiners.” Equally, Jameson Lopp, CTO at Bitcoin custody specialist Casa, additionally tweeted:

On the identical time, Anita Posch, the founding father of the non-profit Bitcoin For Equity, additionally congratulated Hodlonaut:

Relai, a preferred European bitcoin app, talked in regards to the solidarity of the bitcoin group in the same tweet, saying that “all of us gained in the present day.”

Hodlonaut donors completely satisfied

It was additionally a cheerful day for many who donated to Hodlonaut’s trigger.

On Aug. 19, 2022 , Hodlonaut requested the bitcoin group for monetary assist. He raised funds by way of the OpenSats Authorized Protection Fund. The fund is a 501(c)(3) non-profit group. Accordingly, it raises cash to defend open-source bitcoin group members from Bitcoin-related lawsuits.

River Monetary donated $10,000 value of BTC on Aug. 22, 2022. It’s a a monetary firm that gives Bitcoin-based merchandise to its shoppers. Later, River’s CEO, Alexander Leishman, tweeted:

On the identical day, operations safety specialist and crypto-anarchist Robert Spigler donated $5,000. He was adopted by John Zaprite, the founding father of the Zaprite app, who donated 0.022BTC. On the identical day, Hodlonaut additionally thanked an nameless donor for donating 47 BTC.

A day later, The Bitcoin Collective, hosts of The U.Okay. Bitcoin Convention, stated they’d donate 50% of all ticket gross sales within the subsequent 24 hours to Hodlonaut.

Following Hodlonaut’s victory, Leishman congratulated him:

After the court docket verdict, the group had raised round 71 BTC ($1.4 million) in BTC. It raised $74,000 in fiat foreign money. On the outset, it had hoped to boost $2.1 million.

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