Craig Wright Awarded £1 for the Defamation Lawsuit Against Peter McCormack

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Craig Wright Awarded £1 for the Defamation Lawsuit Against Peter McCormack
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The self-proclaimed SatoshiNakamoto won the lawsuit with an amount of compensation far lower than what he had expected.

Craig Wright – the self-proclaimed Bitcoin inventor Satoshi Nakamoto – only received £1 as the result of the defamatory case against crypto podcaster Peter McCormack, a well-known Bitcoin proponent who had called the computer scientist a liar on multiple occasions.

U.K. High Court Judge Martin Chamberlain ruled in favor of Wright, stating that the crypto influencer’s words had caused “serious damage” to the claimant’s reputation. However, the judge also pointed out that Wright had used deliberately false evidence to support his claim.Craig Wright sued in libel over 14 tweets published and words spoken by the high-profile influencer Peter McCormack, asking for $12,200 as compensation for damages to his reputation.

The case centers on McCormack rejecting Wright’s claim that he is Satoshi Nakamoto between March and October 2019, in which the podcaster and YouTuber referred to Wright as a liar, a moron, and a fraud on social media platforms, according to theIt’s worth noting that Binance CEO CZ Zhao stood on the side of McCormack in 2019,

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