Craig Wright's court defeat and cryptocurrency dispute

Craig Wright's court defeat and cryptocurrency dispute


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Craig Wright's court defeat and cryptocurrency dispute

The legal dispute between Craig Wright and Peter McCormack has ended with the UK Supreme Court refusing permission to appeal. According to the lawyer's comments, the British Supreme Court recently did not allow Wright to appeal the ruling on the defamation suit he filed against McCormack. Accordingly, the decision was finalized that Wright was entitled to only one pound in compensation. Rufer Cowper-Cole, a partner at law firm RPC, who handed down the ruling, said: "The Supreme Court has dismissed Wright's appeal. “I am very satisfied,” he said. This brings the legal dispute between Wright and McCormack to a final conclusion and formalizes the positions of the lawyers and other parties involved. Wright's latest loss then emerged as a boiling point in other legal battles he is waging against cryptocurrency companies and several Bitcoin developers. As part of that dispute, Wright was pursuing litigation with the Cryptocurrency Open Patent Alliance. In this lawsuit, the Cryptocurrency Open Patent Alliance rejected Wright's settlement offer, stating that "the settlement offer is not accurate and leaves a loophole that could allow him to sue again." As this situation reveals a realistic aspect of the fluctuations in the legal dispute, more information and the parties' positions are expected. As a result, Wright's independent stance on the litigation process related to his court defeat and the legal dispute with the Cryptocurrency Open Patent Alliance is likely to cause more controversy in the future depending on the statements of the parties involved and the positions of their lawyers, and this will depend on the developments. Interest in this is expected to increase.
Source - www.investing.com

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