CoinDeskPolicyОпубліковано о 2024-04-10Востаннє оновлено о 2024-04-11

Анотація

Wright’s decision to drop his appeal comes a month after a U.K. court ruled that he was not Satoshi Nakamoto.

  • Craig Wright has dropped his appeal against Hodlonaut in Norway.
  • The decision to drop the case comes a month after a U.K. judge definitively ruled that Wright is not the inventor of Bitcoin.

Craig Wright has dropped his appeal against Norwegian bitcoiner Hodlonaut, ending a nearly five-year-long legal battle over a series of social media posts in which Hodlonaut called Wright a “scammer” and a “fraud” for claiming to be the inventor of Bitcoin.

A Norwegian judge sided with Hodlonaut after a 2022 trial in Oslo, concluding that he had “sufficient factual grounds to claim that Wright had lied and cheated in his attempt to prove that he is Satoshi Nakamoto.” Hodlonaut brought the case against Wright to preempt him from moving forward with a defamation case about the same social media posts in the U.K., where laws are heavily tipped in favor of the plaintiff, and monetary damages can be enormous.

The infamously litigious Wright appealed the court’s decision. But, according to Hodlonaut, Wright has now dropped that appeal.

Advertisement
Advertisement

“Just got off the phone with my Norwegian lawyer. CRAIG WRIGHT DROPPED THE APPEAL IN NORWAY!,” Hodlonaut wrote in a social media post, adding, “I’m very happy!”

Wright’s decision to back down comes just a month after he lost a separate court case in the U.K. that severely hobbled his ability to claim Satoshi’s throne. The Crypto Open Patent Alliance (COPA) sued Wright in 2021 in order to prove that he was not, in fact, the inventor of Bitcoin and to stop him from being able to claim copyright of the Bitcoin whitepaper or sue Bitcoin developers or others under the guise of being Satoshi.

In March, U.K. Judge James Mellor found in favor of COPA, stating that Wright “is not the author of the Bitcoin white paper…is not the person who adopted or operated under the pseudonym Satoshi Nakamoto….is not the person who created the Bitcoin System…[and] is not the author of the initial versions of the Bitcoin software.”

The famously bellicose Wright has been largely quiet in the wake of Judge Mellor’s decision, as has his billionaire benefactor Calvin Ayre. The day after the COPA trial ended, Ayre posted a farewell message on X, saying that the message would be his “last” before taking off on “an adventure I have planned for the last year.”

Advertisement
Advertisement

Despite the conclusion of Wright’s appeal in Norway, other litigation involving Wright – including another defamation case against Hodlonaut in the U.K. – remains pending.

Representatives for Wright did not respond to CoinDesk’s request for comment.

Edited by Aoyon Ashraf.

Пов'язані матеріали

Why Does 'AGI Godfather' Ben Goertzel Believe the Future of AI Relies on Blockchain?

Ben Goertzel, known as the "AGI Godfather," argues that the future of Artificial General Intelligence (AGI) must be built on blockchain to prevent its control by a few corporations or venture capital firms. He believes the core AGI code should be free and open-source, but that this alone is insufficient without a decentralized infrastructure to run it affordably. His blockchain project, SingularityNET, and the broader Artificial Superintelligence Alliance aim to create a user-owned, decentralized network for hosting and deploying AGI, contrasting with the closed models of companies like OpenAI and Anthropic. Goertzel criticizes the shift of other labs from open to closed development. He argues that while a closed path is simpler, an open, decentralized model—akin to Linux and the internet—is both possible and ultimately better for humanity. He envisions an "Agent economy" where individuals orchestrate teams of AI agents to perform tasks, including transactions, on an open network rather than corporate clouds. While his current model relies on cryptocurrency, plans include offering paid AI services to businesses with the decentralized blockchain as the backend. Goertzel predicts human-level AGI could arrive by 2029 and warns that a gap in understanding and access to AGI could drastically worsen inequality. The first test of his decentralized approach will be the upcoming release of the Agent Omega Claw.

Foresight News9 хв тому

Why Does 'AGI Godfather' Ben Goertzel Believe the Future of AI Relies on Blockchain?

Foresight News9 хв тому

A Company Once on the Brink of Bankruptcy Just Surpassed Bitcoin in Market Cap

On June 22nd, driven by rising stock prices, SK Hynix’s market capitalization reached $1.35 trillion, surpassing Bitcoin's total market cap of approximately $1.29 trillion. This temporarily made it South Korea's highest-valued company. The core driver of this surge is HBM (High Bandwidth Memory), for which SK Hynix is the primary supplier to NVIDIA, holding over 60% market share. AI's demand for high memory bandwidth has translated into immense profitability, with SK Hynix reporting a 72% operating profit margin in Q1. The company's success follows a 13-year bet on HBM technology, beginning in 2009. It nearly failed after the 2001 dot-com bubble, was acquired by SK Group in 2012, and was subsequently recapitalized to continue its long-term HBM development. The article contrasts this with the Crypto AI narrative. Capital currently favors AI infrastructure players like SK Hynix due to "real orders, physical barriers, and quantifiable profit margins." In comparison, Crypto AI projects, promising decentralized compute and data markets, remain largely conceptual with limited tangible progress. Examples include Bittensor, whose core mechanisms are still under development, and Bitcoin miners transitioning to AI, who face significant funding gaps and execution challenges. The piece cites analysis suggesting the AI sector has absorbed nearly all new market liquidity since 2022, leaving little for crypto. It concludes that the current AI infrastructure红利 is captured by entities with proven technical barriers and supply capabilities, while crypto networks still need to define their concrete role in the value chain.

链捕手49 хв тому

A Company Once on the Brink of Bankruptcy Just Surpassed Bitcoin in Market Cap

链捕手49 хв тому

Bittensor Moves Towards Ultimate Decentralization: The Critical 18 Months for the TAO Ecosystem is Here?

Bittensor, a decentralized AI protocol, is accelerating its transition to full decentralization over the next 18 months, as outlined in a recent post by co-founder Const. The project currently operates in a "semi-decentralized" state: ownership and network participation are open and permissionless, with TAO distribution based on competitive contribution. However, protocol upgrades and governance have remained under core team control to enable rapid iteration in the fast-evolving AI sector. This strategic shift comes as the ecosystem matures, boasting 128 subnets and a large community. Const argues that continued centralization now poses risks, including single points of failure and regulatory scrutiny. The upcoming decentralization roadmap includes optimizing validator competition, opening liquidity pools, introducing governance rights for Alpha holders, and refining economic models. The move could fundamentally reshape TAO's value proposition, adding governance premiums to its existing valuation based on AI narrative and scarcity. It also signals a potential maturation of the AI crypto sector, where competition may shift from hype to sustainable protocol design and real economic activity. Bittensor positions itself not just as another AI token, but as foundational infrastructure aiming to decentralize intelligence production—analogous to Bitcoin's role in decentralizing money—with the goal of creating a resilient "Millennium Intelligence Federation."

marsbit1 год тому

Bittensor Moves Towards Ultimate Decentralization: The Critical 18 Months for the TAO Ecosystem is Here?

marsbit1 год тому

Торгівля

Спот
Ф'ючерси
活动图片