Magnus Granath, AKA Hodlonaut was lately acquitted by a choose to finish the defamation trial towards Craig Wright in Norway.
Australian pc scientist and crypto devotee Craig Wright has lost his lawsuit towards Hodlonaut in Norway over Satoshi Nakamoto claims. Though Wright has lengthy claimed to be the pseudonymous Bitcoin creator, Hodlonaut and a number of other others publicly oppose these claims.
Hodlonaut, the Twitter title for Mr. Magnus Granath, took to the microblogging platform to state “I received. Welcome to regulation”. This was in response to the Norwegian choose’s determination in his favor. Moreover, Hodlonaut’s brief assertion is a callback to Wright’s “welcome to regulation” risk issued towards Hodlonaut and a number of other others in 2019.
In a media assertion to Decrypt, Hodlonaut additionally revealed that he had no doubts about eventual victory, contemplating supporting proof. Based on him:
“I anticipated to win, since reality is so clearly on my aspect on this case. I’m very glad that the choose noticed it the identical approach.”
Hodlonaut had filed the case in Norway towards Craig Wright to exonerate himself. This got here after Wright had accused him of defamation concerning a collection of tweets he printed on the self-proclaimed Bitcoin creator. Moreover, Hodlonaut’s Norwegian case towards Wright was filed to get forward of an identical pending defamation case within the UK.
Hearings for the Norwegian case started final month on September 12.
The Hodlonaut and Craig Wright Lawsuit Earlier than Norway Defamation Trial
Again in 2019, Granath, AKA Hodlonaut, referred to Wright as a “pathetic scammer” and a “cringe”. As well as, Granath additionally described the Australian as “clearly mentally unwell,” even calling him a “fraud” on quite a few events. In the course of the trial, Wright referred to those statements as extremely defamatory.
In her ruling, Decide Helen Engebrigtsen wrote that Hodlonaut was inside his rights to accuse Wright of pretending to be Nakamoto. Based on her, Granath “had ample factual grounds” to accuse Wright of mendacity and dishonest in his try and show that he’s Satoshi Nakamoto. Engebrigtsen additional declared Granath acquitted of all claims for compensation. Moreover, the Oslo choose additionally discovered him not accountable for damages regarding the tweets. Engebrigtsen additionally ordered Wright to pay Granath’s authorized charges, roughly $383,000.
Following the decision, Granath’s lawyer, Ørjan Salvesen Haukaas, appeared optimistic in regards to the end result. Although he mentioned he would overview it additional, he expressed his contentment in an e mail assertion that learn:
“We word that the court docket has agreed with our arguments and our shopper’s place within the case, and we’re after all pleased with that.”
In the course of the weeks-long trial in Oslo, Granath appeared to have a number of supporters. As an example, there’s a donation page hyperlink from an internet site referred to as DefendingBTC the place roughly 2,700 people reportedly made huge donations. This amounted to $74,000 and greater than 71 BTC for Granath’s authorized protection charges. The Bitcoiner additionally had the assist of Binance CEO Changpeng Zhao, who tweeted that Wright isn’t Satoshi.

Tolu is a cryptocurrency and blockchain fanatic based mostly in Lagos. He likes to demystify crypto tales to the naked fundamentals in order that anybody wherever can perceive with out an excessive amount of background information.
When he is not neck-deep in crypto tales, Tolu enjoys music, likes to sing and is an avid film lover.