Cryptocurrency

The U.K. Court of Appeal will allow Craig Wright's libel case to proceed against Magnus Granath, who questioned Wright's claims about being Satoshi Nakamoto on Twitter.

The U.K. Court of Appeal will allow Craig Wright's libel case to proceed against Magnus Granath, who questioned Wright's claims about being Satoshi Nakamoto on Twitter. The court confirms jurisdiction to hear the libel suit, case number A2/2020/0367.

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  • On Jan. 18, The Court of Appeal (Civil Division) in London granted Craig Wright, a computer scientist who asserts himself as the inventor of bitcoin, to file a libel case against Magnus Granath (@hodlonaut) for defamation. 
  • Magnus Granath's lawyers had attempted to convince The Court of Appeal to stay the case in order to allow a related case to proceed in Norway. However, based on Article 27 of the Lugano Convention treaty, two British appellate court judges ruled that the Norwegian court proceedings do not sufficiently resemble English proceedings, denying that jurisdictional plea.
  • This decision nullified the English High Court's previous decision, which dismissed Wright's appeal due to Granath's Norwegian court proceedings. 
  • Using his Twitter account by the name of Hodlonaut, Granath disputed Wright's claims of being Satoshi Nakamoto.
  • In May 2020, the Court of Appeal dismissed a similar lawsuit against podcaster and investor Peter McCormack, who said Wright falsely claims to be Satoshi Nakamoto.
  • Since 2015, the Australian entrepreneur has unconvincingly attempted to definitively prove that he and his deceased colleagues created bitcoin.