Twitter's Bitcoin Community Pushes Hodlonaut’s Crowdfunding Efforts Past 10K Mark

The crypto community of Twitter has been incredibly active over the last few weeks as the bitter battle between Craig Wright and anonymous user Hodlonaut has reached new heights. Following statements from Hodlonaut the Wright is not Satoshi Nakamoto, which Wright claims to be true, the drama began.

Wright issued multiple letters, saying that the user needed to apologize to him for saying that he is a “fraud.” Wright even issued a bounty to find the user, prompting the deletion of the Hodlonaut as much of the crypto community adopted the name for themselves.

A new crowdfunding project has been created in an effort to support the anonymous user, which is being called “#WeAreAllHodlonaut.” So far, the campaign has seen contribution from 539 users, totaling $10,561.17, as of 11 hours ago.

The website issued a statement, explaining that Hodlonaut is “facing legal action” as result of Wright’s demands. The statement continues, saying that the founder received a direct message from Wright’s attorney’s including a letter.

The point of the creation of the website is that Hodlonaut is not stripped of his rights to vocalize his opinion. By building up a fund for the Lightning Torch founder, his legal battle would a little easier financially, and there is been many people that have expressed support for his endeavors. The website showed that the Twitter account has been deleted and that there has already been legal counsel retained in this matter.

This campaign comes shortly after the bounty against Hodlonaut was announced by Wright and his associates. The bounty asked anyone with information about his true identity to come forward. However, as soon as the original Twitter account was deleted, the community of supporters changed both usernames and profile pictures, in an effort to show that the whole community is behind him.

Furthermore, anything raised beyond the funding goal will be donated to Bitcoin Venezuela.

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Krystle M
Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

[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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