Peter McCormack Sued By Craig Wright After Accusing Him Of Fraud

Peter McCormack, popular podcaster that everyone knows about, got a new lawsuit yesterday from Craig Wright. Reportedly, Peter called Wright a fraud and after he claimed to be the real creator of Bitcoin-Satoshi Nakamoto. In the coming altcoin news below, we read more about the libel claim.

Just yesterday, Peter McCormack posted on Twitter a photo of the legal notice he got from Craig Wright. He got the lawsuit after accusing Wright of falsely claiming to be Satoshi Nakamoto. The self-proclaimed BTC creator and the supporting media stated that the lawsuit aims to ‘’prevent McCormack from making further fraudulent claims that Wright is not the individual behind Satoshi Nakamoto pseudonym.’’

In addition, Wright demands a $130,000 in damages plus the legal costs and court fees. Wright’s attorneys served the notification to the defendants and will file the claim next week. However, the lawsuit is not a surprise since Wright has warned that he would sue Peter McCormack and also the co-founder of Ethereum Vitalik Buterin.

Wright has targeted both Peter McCormack and Buterin because they have a huge influence in the crypto sector. By taking them to court, he will have a chance to prove that he is the real Satoshi Nakamoto rather than to let the Twitter mob decide. The lawsuit list is likely to grow longer since many believe that Wright is a fraud and gets constantly called out. This includes Roger Ver who was in the Bitcoin Cash camp before the hard fork.

Also, the former co-CEP of Bitmain, the BTC mining giant Jihan Wu is on the list of people who ruled out Wright of being the real creator of Bitcoin. On the other hand, Peter McCormack pointed out:

 “Wright maintains that BSV is the real target due to its capacity for massive on-chain scaling, which represents an existential threat to the future of other cryptocurrencies, the flawed design of which prevents them from scaling to meet the needs of a truly global financial platform.”

As previously reported in our latest cryptocurrency news, major crypto exchanges such as Kraken and Binance already delisted Bitcoin Satoshi Vision after Wright took a similar action as towards Peter McCormack only this time to the Twitter user Hodlonaut who initiated the Lightning Torch. Kraken delisted BSV for the same reason and so did the crypto swap service ShapeShift. The only one not delisting the coin is the OKEx crypto exchange.