• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Hodlonaut Receives $1 Million In BTC To Defend Faketoshi Lawsuit

August 24, 2022
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
Self Proclaimed ‘Satoshi’ Craig Wright Cleared Of Charges, But Liable For $100 Million
0
SHARES
21
VIEWS
ShareShareShareShareShare

The self-proclaimed inventor of Bitcoin, commonly known as “Faketoshi” among Bitcoiners, is back at it again. This time, Craig Wright is suing a pseudonomyous Bitcoin website editor for defamation.

‘We Are All Hodlonaut’

True to form, the Bitcoin community has rallied in support of “Hodlonaut”, raising over US$1 million (52 BTC) to support what is expected to be a costly lawsuit.

With the trial set to commence on September 12 in Oslo, Hodlonaut reached out to the community for support, highlighting that in addition to defending the defamation claims he would also be seeking an order preventing Wright from additional claims in the future:

Hodlonaut call to arms. Source: Twitter

The Bitcoin community heard the call to action and wave of support followed, with one particularly deep-pocketed Bitcoiner donating 47 BTC:

And to the person, company or group that donated 47BTC… Stepping up like that, with no desire for clout or recognition, just wanting to help, without anyone knowing… that is extremely #bitcoin. Love you, my anonymous brother(s)/sister(s). 🧡

— hodlonaut 🌮⚡🔑 🐝 (@hodlonaut) August 22, 2022

Aside from financial contributions, the community offered its support with the hashtag #WeAreAllHodlonaut. Michael “Gigachad” Saylor, the unofficial corporate king of Bitcoin, tweeted the hashtag on the same day as the massive 47 bitcoin donation was received. Coincidence?

Defending Bitcoin

It’s difficult to remember a time when Craig Wright wasn’t embroiled in some or other legal proceedings. Most recently, he won a case against a popular British podcaster for defamation, however ended up with the paltry sum of £1 for deliberating manufacturing evidence.

Wright has routinely threatened media personalities and Bitcoin Core developers with lawsuits, which has ultimately led to the creation of a fundraising page called defendingbtc. Thus far, over 50 bitcoin has been donated and, given the community’s support behind Hodlonaut, that figure is likely to only go up.

Despite having numerous opportunities to conclusively prove that he is Satoshi, Wright has failed in each case. Is Hodlonaut the person to once and for all and finally put to rest Wright’s persistent baseless claims? Time will tell.

Share this article

Join in the conversation on this article’s Twitter thread.

Disclaimer:
The content and views expressed in the articles are those of the original authors own and are not necessarily the views of Crypto News. We do actively check all our content for accuracy to help protect our readers. This article content and links to external third-parties is included for information and entertainment purposes. It is not financial advice. Please do your own research before participating.


Credit: Source link

ShareTweetSendPinShare
Previous Post

BendDAO Hit With Insolvency Crisis, Only 12.5 ETH Left

Next Post

XRP Price Falls To $0.34, Will Bulls Defend Support Of $0.33?

Next Post
XRP Price Falls To $0.34, Will Bulls Defend Support Of $0.33?

XRP Price Falls To $0.34, Will Bulls Defend Support Of $0.33?

You might also like

Trump Memecoin Surges Briefly on Promise of Exclusive Mar-a-Lago Event

Trump Memecoin Surges Briefly on Promise of Exclusive Mar-a-Lago Event

March 13, 2026
Bitcoin (BTC) Profitability Robust Despite Declining Market Volumes

Glassnode Study Exposes Critical Flaw in Crypto Backtesting Methods

March 13, 2026
Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

NVIDIA Unveils BlueField-4 STX Storage Architecture for Agentic AI Workloads

March 16, 2026
Bitcoin Price Prediction: 95% of All Bitcoin Has Now Been Mined — What Happens Next?

Bitcoin Price Prediction: 95% of All Bitcoin Has Now Been Mined — What Happens Next?

March 10, 2026
XRP Price Prediction: 3 Major XRP Catalysts Traders Haven’t Priced In Yet — Is a Surprise Rally Coming?

XRP Price Prediction: 3 Major XRP Catalysts Traders Haven’t Priced In Yet — Is a Surprise Rally Coming?

March 10, 2026
BlackRock Signals Cautious Expansion of Crypto ETFs Despite New Staked Ether Fund

BlackRock Signals Cautious Expansion of Crypto ETFs Despite New Staked Ether Fund

March 16, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Bitcoin Hits 40-Day High As US-Iran Tensions Trigger $113M In Short Liquidations

Bitcoin Hits 40-Day High As US-Iran Tensions Trigger $113M In Short Liquidations

March 17, 2026
Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

NVIDIA Project Rheo Trains Hospital Robots in Simulation Before Patient Contact

March 16, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.