UK Supreme Court has denied Craig Wright’s appeal against Peter McCormack, and the COPA has rejected Wright’s settlement in the Satoshi case.
Peter McCormack, host of the cryptocurrency podcast Craig Wright, purportedly denied Wright’s final appeal to the UK Supreme Court, McCormack confirmed in an X post. The Supreme Court justices denied permission for the appeal because “the appeal did not present a debatable legal issue,” McCormack observed.
Wright filed a defamation lawsuit against McCormack after the latter denied Wright’s assertion that he was Satoshi Nakamoto, the progenitor of Bitcoin. Since Wright was found not liable for libel in 2023, the most recent ruling may end a five-year legal dispute.
For context re: Craig Wright and Calvin Ayre and why there should be no mercy.
Two months before my trial and before we found the fabricated evidence, it looked like I would lose.
I held multiple calls with my lawyers bankruptcy team. Craig’s costs would have wiped me out – £5m…
— Peter McCormack 🏴☠️ (@PeterMcCormack) January 24, 2024Craig Wright Proposes a Settlement
Wright has submitted a written settlement offer to Crypto Open Patent Alliance (COPA) members and other relevant parties engaged in the intellectual property litigation, which is a distinct yet interconnected legal dispute. In response, COPA wrote in a post, ‘Hard pass on that “settlement.” Seven days after becoming effective, Wright’s compromise offer was rejected by COPA within a few hours.
Preston Byrne, an attorney, commented on the situation. Wright’s approach of forking Bitcoin SV to obtain Satoshi Nakamoto’s coins was met with criticism, as was his subsequent demand for a settlement with COPA before the possibility of a February trial. Significantly, COPA contests Wright’s claim that he is Satoshi.
COPA Levers Serious Allegations
On Wednesday, Wright faced additional obstacles when COPA disclosed expert witness testimony indicating that the documents Wright had recently presented were forgeries. Wright asserts that the Bitcoin whitepaper, which COPA claims was authored in OpenOffice and not LaTeX, and a “time capsule” file from 2007 was modified in 2023.
Calvin Ayre, a Bitcoin SV and Wright supporter, lamented that COPA had misrepresented its intentions and sought to eliminate competition.“COPA does not exist to compete…it exists to kill competition. This will now be obvious to the judge now also. I am a bit shocked COPA jumped on this so fast given what this will now do to their case.”” stated Ayre.
The adjudicator will also be cognizant of this at this moment. The rapid response of COPA is unexpected in light of the implications this has for their case. He suggested that COPA is in a legally challenging position.
Wright, however, may have utilized ChatGPT to generate some of the fraudulent documents, according to COPA. This revelation calls into question Wright’s assertion that he invented Bitcoin under a pseudonym.
