Bitcoin and MtGox related research by @nikuhodai.

Joined October 2012
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As the initial MtGox bitcoin repayments have finally begun, first of all a big thank you to the dedicated creditor community which has steadfastly navigated and helped each other through this unprecedented situation for over a decade.

ALT Team Bones GIF

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Craig Wright was just denied permission to appeal the UK court decision declaring him not to be Satoshi Nakamoto. He thus remains the only human with that distinction; legally speaking, we are all (potentially) Satoshi, except Craig Wright. reddit.com/r/bsv/comments/1h…
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Wright's application was, as usual, full of misrepresentations and irrelevant bluster, but the Court of Appeal cut through it like a hot knife through butter and comprehensively rejected it as totally without merit.
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COPA vs CSW – 01 Nov 2024 We are back at the Rolls Building in London, for another hearing with Justice Mellor. In the courtroom is the Bird & Bird legal team, along with their KC Mr Jonathan Hough. The session is expected to start in 3 minutes. We believe the hearing is about a contempt of court application from Bird & Bird against CSW, in relation to possible breaches of the injunction which resulted from the main trial. 🧵
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As the initial MtGox bitcoin repayments have finally begun, first of all a big thank you to the dedicated creditor community which has steadfastly navigated and helped each other through this unprecedented situation for over a decade.

ALT Team Bones GIF

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There's no need to dox yourself with revealing questions as long as your repayments are roughly in those ranges; you're fine and everything is going according to plan, don't worry.
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If you have questions like "why didn't I get 21% of my BTC?", then read my explainer on the payouts and the unit of account that payout rates refer to. Long story short: it's complicated, and the actual payout number you presumably care about is 15-16%. blog.wizsec.jp/2021/02/mtgox…
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WizSec Bitcoin Research retweeted
16 Jul 2024
The Bitcoin Whitepaper is now available for people in the UK to read freely once again. The default judgement obtained fraudulently by Craig Wright has been overturned. Thank you to everyone who helped. Bitcoin: A Peer-to-Peer Electronic Cash System bitcoin.org/bitcoin.pdf

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WizSec Bitcoin Research retweeted
The High Court today handed down a Worldwide freezing order against Craig Wright, in the sum of £1.548m, to support the recovery of my legal fees. caselaw.nationalarchives.gov…

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WizSec Bitcoin Research retweeted
Form of order hearing / Consequentials in COPA v Wright, Wright v Coinbase et al, Wright v Bitcoin developers et al. 🧵 Today we hope to see determined what the consequences for Wright will be for the judgment's findings against him. Court starts in 90 minutes, at 10:30, and the courthouse is open now. Hope to meet many of you in Court 15. As always, I'm a mere lawpleb and I camouflage my ignorance by tweeting at a high volume. You'll want to also follow @BitMEXResearch and @Twentynothing00. There will be a live stream in some form – for those of you who had access during the trial, try the same link now, it might work. LFG
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WizSec Bitcoin Research retweeted
As far as I know everything is fine with MtGox. The trustee is moving coins to a different wallet in preparation of the distribution that will likely happen this year, there is no imminent sale of bitcoins happening.
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There once was a man from Australia A fabulist with coprolalia His lies failed to budge the unimpressed judge who deemed him a fraud and a failure
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Over two hundred pages; there goes my Monday. Will probably post a summary later, but if you have the time consider reading along yourselves.
COPA vs CSW – Ruling Published
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WizSec Bitcoin Research retweeted
Just got off the phone with my Norwegian lawyer. CRAIG WRIGHT DROPPED THE APPEAL IN NORWAY! My win from 2022 is now final and enforceable. This case started May 19th, 2019 and lasted until today. I’m very happy! Now I just need to get the UK case dismissed/won and I can finally move on. LET’S GO! 🧡
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Update: In direct response to Craig Wright seemingly trying to move assets out of the country after his court loss, Judge Mellor has issued a Worldwide Freezing Order against him. bitcoindefense.org/wp-conten…
Sooo... 🤔 Sep 25: Calvin makes a "deal with Craig" allowing him to fund himself. Oct 2-20: Craig registers a new company with £20M worth of shares split between himself and Ramona. Mar 18 (but dated Feb 5): Craig reassigns his £10M shares to their Singapore company.
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Sooo... 🤔 Sep 25: Calvin makes a "deal with Craig" allowing him to fund himself. Oct 2-20: Craig registers a new company with £20M worth of shares split between himself and Ramona. Mar 18 (but dated Feb 5): Craig reassigns his £10M shares to their Singapore company.
#Faketoshi created RCJBR HOLDING PLC on October 3, after his firing from nChain. He issued 20 million shares, assigning each share a nominal value of £1. Of these, 10 million shares were his. On the dawn of the COPA trial on February 5, he transferred all his shares to DEMORGAN PTE. LTD., formerly DENARIUZ PTE. LTD., a Singaporean company founded in 2013 (opengovsg.com/corporate/2013…). Trying to become judgment proof by going full pauper mode? Source: Filing history at find-and-update.company-info…
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Filing to reassign assets overseas immediately after he lost the trial and backdating the transfers to the start date of the trial. Chef's kiss. Who knows whether the assets are actually real or not, but just the *optics* of this pretty much dug his hole a hundred feet deeper.
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(The registrations do claim the 20M shares are valued at £1 each and fully paid for with cash, but it's not like Wright hasn't falsely reported company assets before — it's kind of his thing.)
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