Craig Wright’s Big Win: 1 Pound Compensation Secured!
Craig Wright, who asserts he is Bitcoin’s creator, has lost his libel case appeal against Peter McCormack. Wright had claimed McCormack damaged his reputation by calling him a fraud who didn’t invent Bitcoin. Initially, the court found McCormack’s comments defamatory but reduced damages to £1 due to Wright’s conduct. The UK Court of Appeal upheld this decision, stating Wright failed to produce adequate evidence for his claims.
On this page
Craig Wright, who asserts he is Bitcoin's creator, has lost his libel case appeal against Peter McCormack. Wright had claimed McCormack damaged his reputation by calling him a fraud who didn't invent Bitcoin.Initially, the court found McCormack's comments defamatory but reduced damages to £1 due to Wright's conduct. The UK Court of Appeal upheld this decision, stating Wright failed to produce adequate evidence for his claims.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
