Craig Wright's Big Win: 1 Pound Compensation Secured!

posted  26 Jul 2023
Photo - 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.