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Author Topic: Craig Wright's lawsuit against Kraken  (Read 490 times)
DaveF
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November 25, 2022, 04:05:28 PM
Merited by vapourminer (1)
 #41

The end of the CSW - Calvin Ayre partnership is near?

https://twitter.com/itswillmack/status/1594667376020267010

He's demanding they stop using the word Bitcoin to refer to Bitcoin and that they pay him billions of dollars in damages. (The particulars of claim is the interesting document)

Seems like he’s seeing some of his funding start to dry up and is now throwing Hail Mary lawsuits at people hoping to be able to get something. His claim is utterly ridiculous and I think it won’t go anywhere but you never know when it comes to the legal system. I’ve seen dumber things be allowed to progress as lawsuits. Hopefully this one is over quickly.

Yes but it's up to the Kraken team to make sure the "legal system" are educated. Look at
the Hodlonaut trial, his team did a great job of discrediting CSW's arguments.

Kraken has enough competence to ensure that its lawyers educate the court about crypto. I mean they are a crypto exchange after all, so they should absolutely know the fundamentals of crypto.

Calvin Ayre doesn't seem to be involved in this one, not even in the backstage, does he? Without him, CSW is just a scarecrow or paper tiger.

As I posted, I also don't think they are going to be doing this alone, I can see other exchanges, even ones that would benefit from Kraken going away helping out in terms of expert witnesses, lawyer costs and so on.

Not quite 'the enemy of my enemy is my friend' but close enough that it make it worth their time and effort and money to help Kraken. This way they don't have to be the one dealing with him and his BS.

You can help in the background and still be in competition with someone.

-Dave

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franky1
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November 25, 2022, 05:08:01 PM
 #42

kraken is part of the DCG so knowing DCG has lots of exchanges. ofcourse they are paying into the COPA which is then funding the kraken case

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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December 03, 2022, 03:23:57 PM
 #43

Coinbase, DCG and Kraken can't be the only targets. He's going to chase other exchanges. He won't have money to pay his debts for losing the cases or pay damages.

kraken is part of the DCG so knowing DCG has lots of exchanges. ofcourse they are paying into the COPA which is then funding the kraken case

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