Summary
TLDR: Craig Wright has dropped his lawsuit against 12 Bitcoin developers, freeing them from litigation and harassment. UK High Court Judge declared Wright is not Satoshi Nakamoto. Wright’s assets were frozen to cover legal fees. Bitcoin Legal Defense Fund calls it an important victory for developers and the Bitcoin community.
Key Points
1. Dr. Craig Wright has dropped his lawsuit against 12 Bitcoin developers in the Tulip Trading Limited v. Bitcoin Association for BSV & Others case.
2. UK High Court Judge James Mellor declared that Wright was not Satoshi Nakamoto and did not write the Bitcoin whitepaper in March.
3. The Bitcoin Legal Defense Fund hailed Wright’s discontinuance of the lawsuit as a major win for Bitcoin developers, allowing them to contribute to the network without fear of litigation and harassment.