McCormack keeps getting full support from Tether in his lawsuit against Wright for claiming to be Satoshi.
In a Bitfinex (Tether and cryptocurrency exchange) statement, the general counsel, Stuart Hoegne, is debunking the news that he has abandoned the McCormack Vs. Wright lawsuit.
On the 24th of October, he debunked an article from Coingeek, saying that he has backed off from funding McCormack vs. Wright's legal battle. This can be traced to the fact that Calvin Ayre (the owner of Coingeek) is a big supporter of Wright and supports him as a Bitcoin creator.
Major Updates;
- Wright accused McCormack of claiming to be Satoshi in 2019, which is fraudulent.
- Hoegner is vouching and giving McCormack every support needed.
- On the contrary, Ayre is not backing down and has taken legal actions.
- Tether made a statement that they were behind the McCormack with appropriate fundings.
- He continued by promoting Bitcoin SV (BSV), for which both Ayre and Wright are well-known proponents.
Ayre believes that Tether executives already know that Craig is Satoshi, but they are bent on keeping their scam alive.
There have been different lawsuits between Wright and top rivals in the crypto world. August 2020, he still filed a libel suit against Roger Ver (Bitcoin Cash). He also filed a libel suit against Adam Back, the CEO of Blockstream, which was also with the agreement of reimbursing legal fees.
**What do you think about the Wright vs. McCormack suit? Use the comment section to share your opinion.
Source: Cointelegraph.
