Saga Not Over: Craig Wright May Face Class-Action Lawsuit for Forgery and Fraud

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by Teuta Franjkovic · 4 min read
Saga Not Over: Craig Wright May Face Class-Action Lawsuit for Forgery and Fraud
Photo: Marco Verch / Flickr

Bitcoin investor, trader and cryptocurrency celebrity hailing from England, Peter McCormack is about to file a lawsuit against Craig Wright, Calvin Ayre and Jimmy Nguyen on account of forgery and fraud.

Recently we reported on Craig Wright’s losing the Kleiman case. However, it seems that karma surely is a b**** especially for a person who filed so many suits against so many people. Our favorite fake Satoshi Nakamoto could now face another major lawsuit from British podcaster Peter McCormack who said he was considering a class-action lawsuit against Wright, Calvin Ayre, and Jimmy Nguyen for falsely claiming that Wright is Satoshi and that Bitcoin SV is “Satoshi’s vision.”

Just for a reminder, a few days ago, the hearing in a multi-billion-dollar lawsuit resulted in Judge Bruce Reinhart recommending 50 percent of Wright’s BTC holdings mined prior to December 31, 2013, be awarded to the estate of Dave Kleiman. And even though it seemed that this year-long battle came to an end, many industry bigshots doubled down on the self-proclaimed Satoshi.

The judge’s decision on the case was somewhat based on the fact that Wright lied, falsified documents, and intentionally blocked court actions, which many recognized as a clear sign that the court didn’t believe Wright was the real Satoshi Nakamoto.

And while the whole industry saw this as a total win of justice, some decided to go even further and hold Wright and his friends responsible for inexact asserts he was the original Bitcoin creator.

Peter McCormack, who is currently involved in a libel lawsuit with Wright, proposed filing a class action against the fake Satoshi. He tweeted:

The host of ‘What Bitcoin Did’ podcast said that he would be consulting with lawyers in the U.S. to decide which would be the best way to deal with this, as well as those who have been “defrauded” by Wright and BSV.

The lawsuit, said McCormack, would be filed against all three musketeers: Craig Wright, Calvin Ayre, and Jimmy Nguyen for misleading investors by lying about BSV’s origins and claiming Craig Wright was Satoshi Nakamoto.

Twitter members praised this idea promising they will back him and help the lawsuit get off the ground. Crypto researcher called Seeking Satoshi suggested crowd-funding the lawsuit to speed up the process.

Others saw this as an opportunity to bring Wright down finally, saying there was more than enough of evidence lying around that show Wright lied to investors.

Be that as it may, we’ll have to wait and see what will come out from that. However, when Wright lost the suit against Kleiman, McCormack said he was willing to bet $10,000 that Craig Wright won’t be able to move the Bitcoin associated with Satoshi Nakamoto, even offering 2 to 1 odds to anyone who wants to take the bet.

In the other news, Wright’s loyal wingman Calvin Ayre has been promoting a new book about Wright. The book, titled “Behind the Mask: Craig Wright and the Battle for Bitcoin,” written by Byron Kaye and Jeremy Wagstaff, describes a “thrilling, stranger-than-fiction story of Craig Wright.”

That actually is a great commercial move considering that Wright has all the eyes looking at him while waiting for Wright to get his alleged coins from the “Tulip Trust” for which judge said it doesn’t exist at all. We seriously doubt that the book will be sold enough to fulfill $5 billion he needs to give Kleiman but – who knows.

At the time of writing, BSV went up 5.02% to $129.42.

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Teuta Franjkovic

Experienced creative professional focusing on financial and political analysis, editing daily newspapers and news sites, economical and political journalism, consulting, PR and Marketing. Teuta’s passion is to create new opportunities and bring people together.

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