US Copyright Office confirms: Filing copyright claims doesn​’t justify the truth.

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Recently the crypto community got struck with news about Craig Wright, the self-proclaimed Satoshi Nakamoto, filing a copyright registration on Bitcoin white paper and the Bitcoin code in general. However, as many had said before – filing a copyright is just a formality.

Anyone Can Do It

The Copyright Office yesterday, July 22nd, came out with an official statement, clarifying what does it mean “to file a copyright registration”. Basically, they confirm what others had said before, hence anyone can do it. By doing that, registration of that kind does not imply a “determination of truth”. Adding that the Copyright Office does not investigate the validity of those claims. In other words, this does not mean that Craig Wright will have the last word in proving that he is Satoshi. In fact, this is nothing more than an official form which he can use in his recent lawsuits. 

“A registration represents a claim to an interest in a work protected by copyright law, not a determination of the truth of the claims therein. It is possible for multiple, adverse claims to be registered at the Copyright Office.”

Craig Wright might be subject to penalties

The Copyright Office explains that false claims might be subject to penalties. They write that when they asked Craig Wright to confirm that he is Satoshi Nakamoto, he confirmed it. How did he do it, it is not clear, but CCN says that he provided written evidence, where he plainly states that he is Satoshi Nakamoto.

“…during the examination process, the Office took note of the well-known pseudonym “Satoshi Nakamoto,” and asked the applicant to confirm that Craig Steven Wright was the author and claimant of the works being registered. Mr. Wright made that confirmation.”

However, it is not clear to what penalties might be applied, as the Copyright Office clarifies that in a case when the work is registered under a pseudonym, the Office does not investigate these claims.

“In a case in which a work is registered under a pseudonym, the Copyright Office does not investigate whether there is a provable connection between the claimant and the pseudonymous author.”

All in all, this sounds like a very tricky situation. Unless someone files another copyright claim over the Bitcoin white paper. Then they go to court and an actual investigation takes place.

Bitcoin SV pump amidst Wright’s claims

On the day when Craig Wright announced that he had filed a copyright registration, his and Calvin Ayre’s Bitcoin fork Bitcoin SV pumped almost 100%, and the price nearly doubled. BSV went from $63 to almost $120 in the matter of an hour. Was this a planned move? It seems so, because Calvin Ayre’s private news company CoinGeek published numerous bullish articles on BSV. However, being aware of the volatile market which cryptocurrency in most famous for, nothing in impossible.

Additionally, now BSV sits pretty steadily at $99 and the price and volume slowly is declining.

Craig Steven Wright along with Calvin Ayre, know how to shake the cryptocurrency ecosystem in the matter of couple hours. Let’s see how this situation will escalate. 

Source:

https://www.copyright.gov/press-media-info/press-updates.html?loclr=twcop

Photo by Wikipedia

Bitcoin SV gets delisted from Binance and Shapeshift! Kraken might follow.

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Recently we reported about the #WeAreAllHodlonaut movement in crypto Twitter. It was caused by Craig Wright, Calvin Ayre (the BSV camp) and a Twitter figure with a nickname @hodlonaut. The BSV camp was threatening hodlonaut of suing him but failed to reach out to him due to his anonymous internet personality. The whole crypto Twitter got up to their feet and showed support for Hodlonaut by changing their profile pictures and nicknames to his. But it all went down when Craig Wright’s lawyers sent legal documents to Peter McCormack, who stepped in the battle and claimed that he is the person behind @Hodlonaut’s Twitter profile. Later, CZ from Binance threatened the BCV camp of delisting their coin, if they will continue this “nonsense”. Now it has played out to reality and Binance among with other high profile exchanges are delisting Bitcoin SV.

Craig Wright’s lawyers send a legal letter to Peter McCormack

Since this is crypto Twitter, everything is being put out in the open. This wasn’t an exception and once Peter received the letter, he immediately posted it on his profile:

The letter comes from a legal firm “SCA ONTIER” which is based in London, UK. As they state in the first sentence, they act for Craig Wright. Basically, they cite all the tweets in which Peter McCormack mentions that BSV along with Craig Wright is a fraud. They call it defamation and states that these actions by Peter are causing serious harm to Craig Wright. At the end of the letter, they have put the requirements that the “client” wants:

“(1)Your assurance that you will preserve all documents, including electronic messages, draft articles, notes, and any other electronic materials, that may be relevant to this matter;

(2)Your undertaking to delete all tweets and other online or other publications in which you alleged that our client had fraudulently claimed to be Satoshi Nakamoto;

(3)Your undertaking not to repeat those allegations, whether on Twitter or in any other form;(4)Your agreement to tweet an apology to our client in the terms below;

(5)Your agreement to join in a statement in open court in which you apologize to our client and acknowledge the falsity of the allegations.”

Also, they included a pre-written text for Peter to tweet out to his followers:

Peter McCormack sends a response

Being a kind of eccentric person on Twitter, Peter of course published his response to Craig’s lawyers. In the letter, he basically copied the content of Wright’s, but changed it into his benefit. He states that he believes that Craig is not Satoshi and repeatedly calls him a fraud. Also, like Craig, he included his six requirements for Dr. Wright:

“(1)He provides evidence which he is Satoshi, not the same nonsense he has published time and time again, if not then see points 2 – 6;

(2)His undertaking to delete all online publications where he fraudulently claims that he is Satoshi Nakamoto;

(3)His undertaking to not repeat these fraudulent claims;

(4)His agreement to write an apology to everyone in Bitcoin

(5)His agreement to join in a statement to an open court in which he apologizes for and acknowledges the falsity of his claims;

(6)His agreement to stop issuing bullying letters to people and to end this pursuit of Hodlonaut, who is a legend.”

Peter also included an apology letter for Craig to publish to everyone involved in Bitcoin:

Binance delists BSV

This tweet came as a cold shower to all the BSV supporters and quite possibly to Calvin and Craig as well. Now they go on and bash Binance of not being an honest broker. Calvin rhetorically asks, what could Craig Wright know that all the BSV bashers would be so afraid of? He calls this market manipulation and a media stunt against “the real Bitcoin”. Also, that the vast majority of crypto Twitter wants to censor Craig Wright.

These Twitter threads mostly consist of Hodlonaut supporters and a few BSV followers who doesn’t seem quite happy about how this situation has escalated. Many people are saying that if Craig is Satoshi, all he needs to do, is sign a message with the private key of the Genesis block, rather than going into court and proving his position.

But instead of stepping down, Calvin Ayre continues to fight even more. Now he is threatening Binance as a company and calls it “an unregulated criminal organization”.

It looks like this is might go on for a while. To be honest, this event could go down in history as the first legal action between individuals in the crypto community.

After Binance, comes Shapeshift and possibly Kraken

Not long after Binance posted their announcement for delisting BSV, Shapeshift CEO Erik Voorhees posted on his personal Twitter account that Shapeshift will follow, and delist BSV within the next 48 hours.

Shapeshift is a crypto-to-crypto exchange where you can exchange one cryptocurrency to another. However, it is not a traditional crypto brokerage.

In addition to Shapeshift’s claims, Kraken Exchange posted a poll on their Twitter account. The poll asks if Kraken should delist BSV as well. At the time of writing, there are 72% out of 64,442 votes, that say “Yes, it’s toxic”.

Bitcoin SV price

As expected, the price of Bitcoin SV (BSV) plummeted in a matter of days, going from $80 to $56, according to Coin Market Cap. This is the lowest price BSV has seen in this year. The only time BSV saw a similar price was when the coin launched at the beginning of November 2018, and at the end of November 2018, when it reached its all-time low – $37,47. Currently, judging by Coinmarketcap.com, Binance accounts as the second and fourth largest exchange for trading BSV with a combined daily volume of $39 million. Kraken on the other hand is in the 35th, 37th, and 39thposition and accounts for approximately $3,5 million.

Bitcoin SV is the top losing asset in the TOP 100 most popular coins.

One of the most popular crypto-personalities in the cryptocurrency community Anthony Pompliano has suggested all crypto exchanges to simultaneously delist Bitcoin SV on May 1stas a sign of solidarity behind the Bitcoin community. Also, he started a hashtag #DelistBSV.

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Crypto Twitter newest trend: the #WeAreAllHodlonaut movement

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Recently the Crypto side of Twitter exploded with #WeAreAllHodlonaut and #CraigWrightIsAFraud hashtags. Popular Crypto Twitter influencers started changing their profile pics and Twitter names to Hodlonaut. At the moment, CT is looking like one person is posting everything. 

How it all started?

While there isn’t one exact moment from which all this escalated, much rather, those are series of events that lead to this. @Hodlonaut has been very active on despising the legitimacy of Craig Wright’s claims of being the real Satoshi Nakamoto. He started the hashtag movement #CraigWrightIsAFraud and was very active on Twitter in spreading this. Also, Hodlonaut is the creator of the Lightning Torch which spread all around the world. With the help of his idea, Lightning Network Trust Chain has been around 56 countries in 83 days. Overall 293 passers of the Lightning Torch. Thanks to Hodlonaut, many users saw the opportunities what LN can offer.

Apparently, Craig Wright got really offended by this and started to threaten Hodlonaut for legal actions. He sent a legal letter to Hodlonaut asking for an apology or else he will sue him.

The letter

The letter consists of Wrights lawyers advising Hodlonaut to remove all the #CraigWrightIsAFraud tweets and apologize to him. Moreover, Wrights lawyers state that this hashtag movement has caused “serious harm to Wright”. While Hodlonaut has removed everything, even his profile from Twitter, Wright still insists on an apology. They even have pre-written the apology for him and it goes:

“I was wrong to allege Craig Wright fraudulently claimed to be Satoshi. I accept he is Satoshi. [I am] sorry Dr. Wright. I will not repeat this libel.”

$5,000 bounty

Later, Coingeek.com, which’s owner is Calvin Ayre and also a close friend to Craig Wright did a very biased article in which they basically explain everything mentioned in the legal letter. However, the article also offers $5,000 worth of BSV to the one who can identify Hodlonaut from his pictures. Hodlonaut has never shown his face in any of his photos. However, there are a few arm tattoos that are visible. Basically, this and the fact that he is from Norway, Oslo, are the only leads.

Not only Hodlonaut, but all other Crypto Twitter users who shared the same hashtag are threatened by Calvin Ayre and Craig Wright.

A massive movement erupted

In order to help Hodlonaut and the work that he has done in the crypto environment, many popular and not so popular Twitter people stated to show support for Hodlonaut by changing their Twitter name and profile picture to Hodlonaut’s. That basically is a cat in a space suit. So if you are following all the main Bitcoin supporters, your Twitter feed looks like it’s all coming from one person. Popular crypto supporters such as Pierre Rochard, Francis Pouliot, Giacomo Zucco, The Crypto Dog and many more have done this in order to raise awareness of this situation.

Even the popular Lightning Network “graffiti wall” satoshis.place now is full of hodlonaut’s avatars and photos of Craig Wright.

CZ of Binance steps in.

Possibly the last drop in this hoax was when the CEO of Binance, Changpeng Zhao, tweeted:

This tweet caused a storm of appreciations and condemnations. First of all, many users showed respect to CZ for taking up this issue and showing a clear view of it, by stating that Craig is not Satoshi. Second, users started to doubt whether this was a good move from the CEO of the worlds largest cryptocurrency trading platform. The main concern is that, if he can do this to BSV, then this means, he can do this for any cryptocurrency on Binance. Talk about centralization.

But when speaking about a united crypto space – it almost feels like there are no BSV supporters on Twitter, or just the Bitcoin camp is massively taking over so that the BSV content just simply isn’t visible anymore. No offense to anybody, but from our Twitter feed, it looks like Calvin and Craig are two against the whole Bitcoin camp. Moreover, Bitcoin Magazine also has stepped in the party:

Source:

https://bitcoinmagazine.com/articles/craig-wright-threatens-libel-suit-letter-bitcoiner-demands-apology/

Photo by https://twitter.com/CryptoScamHub