Peter McCormack Receives Astounding Support From Crypto Community In Case With Craig Wright

Peter McCormack Receives Astounding Support From Crypto Community In Case Against Craig Wright

One of the “victims” of Dr. Craig Wright’s many lawsuits, Peter McCormack, is now being offered a lot of support from many people in the crypto community. McCormack, who is the host of a podcast called “What Bitcoin Did” was officially served on the 18th of April when he was sued by Wright for £100,000. It would seem now that public support is on McCormack’s side as he has not only received offers from the members of the crypto community but also from some very important industry titans themselves. Some of them include Michael Arrington who is the founder of TechCrunch, Josh Rager, a popular Bitcoin bull and crypto analyst, Changpeng Zhao – CEO of Binance – and also Jameson Lopp who is a popular analyst and Bitcoin developer.

Everyone Is On Peter’s Side

The very infamous Craig Wright has been in the news multiple times since last year for many different reasons, the most popular of which is his claim to be the original creator of Bitcoin, Satoshi Nakamoto. Among his other lawsuits is the Kleiman V. Wright where the Kleiman estate is accusing him of deliberately withholding funds that was supposed to have gone to Kleiman. Wright’s claims, actions and controversial nature has made him a bit of a “boycotted” figure as he was blacklisted by a few crypto exchange firms (including Binance) even though his Bitcoin SV (BSV) is currently the eighth largest cryptocurrency by market capitalisation. All of this is probably the reason why there is so much support for McCormack.

In this particular case, McCormack could decide to fight or not contest. Both options would be very costly for him especially if he loses but regardless of the outcome of the case, trial costs – if the case eventually does go to trial – could reach up to £750,000.

McCormack has however received incredible support from the community with a lot of people signifying their intention to help Peter with legal fees. These offers came from lawyers and even developers, one of them being popular analyst and Bitcoin developer, Jameson Lopp.

Lopp took to his Twitter to offer support for McCormack as a way of repaying a favour done two years back when McCormack had to fly to the U.S. to interview Lopp back in 2017.

According to Lopp’s tweet:

“You flew to the US to allow me to explain my perspective of Bitcoin; I just realized we chatted about Craig for a few minutes during that 2017 interview. I’ll happily return the favour and fly to the UK to explain to a judge that Craig is a pathological liar.”

Can Lopp Really Help Sway The Case?

Lopp is a very popular crypto proponent who has expressed his criticism for Craig Wright many times in the past. Sometime in May, Lopp published an article called “How Many Wrongs Make a Wright?” which was a culmination of a really long period of research and legal work resulting in an extensive publication about Wright’s claims.

After the piece was published, many people in the community seemed to criticize Wright a bit more as Lopp’s piece was factual and detailed enough to sway opinions. So, it’s very possible that Lopp, especially with the facts included in the piece, might be strong enough to help McCormack win the case against Wright.

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Tolu
Tolu
Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He likes to demystify bitcoin stories to the bare basics so that anyone anywhere can understand without too much background knowledge and add in social research and feedback insights. When he's not neck-deep in crypto news, Tolu enjoys music, loves signing and is an avid movie lover.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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