Bitcoin Developers Bite Back at 111K BTC Craig Wright Lawsuit

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Bitcoin Developers Bite Back at 111K BTC Craig Wright Lawsuit
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A group of Bitcoin devs are fighting back against a lawsuit brought by Wright’s crypto company claiming ownership of a large amount of BTC.

On Aug. 21, lawyers representing 12 developers told a court in the United Kingdom that the firm, Tulip Trading , never owned the 111,000 BTC it is trying to claim., the company has “fabricated” documents to prove ownership of the assets and fraudulently gain control over them.

“It cannot do so because it never owned the Digital Assets and has commenced this claim fraudulently and in reliance on fabricated documents.”Furthermore, the document outlines Craig Wright’s history of dishonesty and fabrication of evidence in legal proceedings internationally. Craig Wright became infamous for claiming to be the creator of Bitcoin, Nakamoto Satoshi, a claim that has beenTimothy Elliss, a partner at Enyo Law, said Tulip Trading has commenced the assertion fraudulently, knowing it has no legitimate claim to the Bitcoin, valued at $2.9 billion at current prices.

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