Craig Wright is suing Bitcoin developers, who he alleges hacked his personal computer, took control of the encrypted private keys and sent the bitcoin worth more than $5 billion to two addresses.
The lawsuit claims of ‘ground-breaking legal proceedings’ against the Bitcoin developers on behalf of a Seychelles company Tulip Trading Limited (TTL), whose primary owner is Craig Wright, and determines legal action could materialize if the recipients do not comply.
But in an ironic twist, the Bitcoin addresses in question are those connected to the Mt. Gox hack, which had 80,000 bitcoins supposedly drained from its hot wallet.
It is yet another lawsuit by Wright, who has long claimed to be Bitcoin creator Satoshi Nakamoto, a claim that has been debunked and thrown out of court.
His claims of being the pseudonymous creator have earned him the name Faketoshi, which he is known as by the entire crypto community, nothwithstanding his small band of paid supporters.
Craig Wright isn’t just targeting Bitcoin core developers this time, he is also suing the developers of BCH, BSV, and BCH ABC, as he demands access to what he claims are his stolen BTC.
UK litigation firm Ontier published a press release yesterday, which claims ‘Dr Wright is the inventor of Bitcoin who set out his vision for the digital currency in his famous whitepaper under the pseudonym Satoshi Nakamoto.’
It says the lawsuit will ‘examine the nature and extent of legal duties conferred upon and owed by developers resulting from the control they exercise over their respective blockchains.’
Now as somebody who claims to be the creator of the only truly decentralized blockchain, Wright doesn’t appear to have a grasp on the concept of Bitcoin’s consensus mechanism. Or is Fakestoshi just being antagonistic and trying to throw doubt at a time when Bitcoin is gaining institutional adoption… hmm?
The lawsuit controversially states,
‘In February 2020, Dr. Wright’s personal computer was hacked by persons unknown and encrypted private keys to two addresses, which hold substantial quantities of Bitcoin belonging to TTL, were stolen. These assets were, and continue to be, owned by TTL. The theft is the subject of an ongoing investigation by the Cyber Crime division of the South East England Regional Organized Crime Unit.’
Did Faketoshi Hack Mt Gox?
Ironically, the private keys in question are those connected with the Mt. Gox hack, which had 80,000 BTC drained from what was then the biggest Bitcoin exchange in the world back in 2014.
FastBitcoins Managing Director Danny Brewster, a victim of the Mt Gox hack, has personally responded to this latest pretence, and filed a legal notice to Craig Wright’s legal team laying claim to some of the BTC that were stolen from the Mt. Gox hack.
Therefore, if Faketoshi’s claims that those bitcoins do actually belong to him and his Tulip firm, then it is implying that Craig Wright is behind, or was part of the Mt. Gox hack, himself.
Brewster’s legal notice has warned Wright to preserve all evidence of his claims, and said ‘severe sanctions’ will arise if the compliant fails to comply with the legal notice.
Craig Wright Is ‘A Bit Of A Dick’
Craig Wright has admitted live on podcasts that he’s ‘a bit of a dick’. And while that’s indisputable, I think Bitcoin’s pantomime villain is letting himself off lightly there.
He has claimed to be Satoshi Nakamoto many times, all unfounded and thrown out of court. He has even filed lawsuits against platforms publishing the Bitcoin Whitepaper, which he obviously says he authored and has rights over.
He is obviously enjoying the notoriety, but for someone who has made plenty of money (more than an African country, apparently), and someone that could easily live a happy life, he just wants to keep making life difficult for people.
None of his claims have any conclusive evidence, and this time he will be ridiculed yet again, but I guess it doesn’t matter to him because he’s a bit of a dick.
Pablo is a writer at Bitcoin Maximalist. Originally from Spain, Pablo grew up in the UK, and loves clubbing and gaming. Pablo is a keen Bitcoiner and loves to share his wisdom to help spread the good news of Bitcoin.
