Craig Wright Suing for Defamation, But He’s Still Not Satoshi Nakamoto

Craig Wright

Craig Wright and his legal team have issued numerous notices recently to influential people in the cryptocurrency space to essentially cease and desist their negative statements about Craig Wright and to make public apologies on social media. 

Peter McCormack, the founder and host of the “What Bitcoin Did” Podcast is one of the targets of Wright’s legal attacks. McCormack tweeted about his legal notice for the world to see and publicly declined to acquiesce and instead continued to denounce Craig’s claims to be Satoshi. 

McCormack’s tweets can be seen below. He has over 54,000 followers, and the tweet chain has garnered over 3,340 likes and over 800 Retweets. 

I’ve included screen shots of the actual legal notice below: 

Craig’s legal team has supposedly sent out similar notices to many others in the crypto space, including Vitalik Buterin, Hodlonaut and John McAfee. 

There has been an outpouring of support to those who have been legally threatened by Craig Wright, with Tweets from prominent crypto personalities such as CZ Binance, Justin Sun and Jihan Wu, all of whom have also dismissed Wright’s claim to be Nakamoto. Many in the community have also offered to donate crypto to help pay for legal fees. The Hodlonaut fund has already exceeded $20,000 USD worth, and Peter McCormack has also opened a donation wallet for Bitcoin (that’s the real BTC not BSV). 

After Craig’s legal team attacked Hodlonaut, a beloved crypto enthusiast with a large Twitter following and who initiated the Bitcoin Lightning Network Torch, community outrage and unity ensued. 

Hundreds (if not thousands) of crypto enthusiasts have changed their Twitter profile picture to that of the Hodlonaut cat in a spacesuit in solidarity, with the Hashtag #WeAreAllHodlonaut

Craig Wright’s Claim

For some time now (2015/2016 period), Craig Wright has been claiming to be Satoshi Nakamoto. However, no concrete evidence has been presented or found. 

Yes, Craig got involved in the cryptocurrency space very early on, and yes, he does have an IT/computer background. However, there is no concrete evidence of him mining the Genesis block, or having any control over Satoshi’s wallet holding over one million Bitcoin. Nor is there any proof or evidence of his involvement in writing the original Bitcoin white paper. 

Craig has claimed to have written a white paper back in 2001 entitled “BlackNet” for the Australian Government, that he attests was a draft prior to the “original” Bitcoin White Paper released 7 years later. However, WikiLeaks analyzed it and has highlighted the obviously erroneous ways of Craig’s false claims, easily debunking them. See the image below. 

Craig Wright’s false claim on the Bitcoin White Paper Draft. The real Satoshi had released a rough draft of the white paper in August 2008, with the final edit (Official White Paper) released in October 2008. You can see that Craig’s claim is too similar to the final edited version. 

I’m in no way a computer scientist, nor trained/educated in law. That being said, the best social proof I could imagine to be convincing enough to believe Craig Wright would be for him to

  1. Move Bitcoin out of Satoshi’s wallet;
  2. Login and show the world Satoshi’s original emails with the cypherpunks whom he originally shared the Bitcoin White Paper to

Moreover, the implications for anyone claiming to be the real Satoshi Nakamoto are quite serious and potentially dangerous. 

Bitcoin is a public, uncensorable, open access, secure value transfer system that has been used for the purchase of illicit drugs, prostitution, money laundering, tax evasion, the hiring of assassins and supposed terrorist funding as well. While Bitcoin has mostly been used for benign purposes, the media and government like to focus on the former. That being said, the supposed true creator of Bitcoin would potentially be at risk of numerous law suits and likely wanted for implication in all of the above crimes. Despite that I would disagree that the real Satoshi should in any way hold any responsibility for the above, the legal system in various countries may still attempt to subdue and reign in the real Satoshi Nakamoto. 

For that reason, it does not make logical sense for anyone to even want to claim to be Satoshi Nakamoto. 

Markshire Crypto Conclusion

Craig Wright is not Satoshi Nakamoto. In the absence of any concrete supporting evidence that he may be willing to divulge, I cannot come to any other conclusion. If you go to a bar, you have to prove your age with your ID. You don’t ask the bouncer to prove that you’re not the legal drinking age. Show us the proof Craig

Even, in the smallest chance that Craig Wright is Satoshi Nakamoto, I would immediately lose significant respect for him due to his hot-tempered, rude, arrogant, aggressive, hard-lined and abusive nature. If he is the real Satoshi, then great, thanks for Bitcoin, now let the rest of the world continue to develop it. Bitcoin belongs to the world, not one man wanting to dictate how it will operate. 

Nonetheless, I do not believe that Craig Wright is Satoshi Nakamoto. I think Craig Wright is a fraud. Faketoshi as Twitter has deemed him. 

What do you think? Let us know in the comments below. 

Please feel free to drop a comment, question, or note for me. I love hearing from my readers

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Author: Markshire Crypto

Millennial cryptocurrency investor, writer and marketplace researcher. Founder of Markshire Crypto. Mark has been involved in the cryptocurrency industry since 2017, following the industry daily and creating content.

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