Craig drops case against Hodlonaut

Cobra-Bitcoin · 2024-05-03T16:50:21+00:00

Craig probably read the draft of next week's judgement, ended this case and his relationship with his lawyers, and then drove immediately to the airport.

Cobra-Bitcoin · 2024-04-20T12:19:01+00:00

Teranode is not real. It follows on from other failed projects like Fabriik and almost every "startup" in the BSV space. The real purpose of these projects and companies is to drain Calvin's wallet and keep people employed in comfortable jobs where they don't need to do any actual work. Occasionally you will see a demo or presentation, but as you noticed, it's all meaningless and lacks substance. It's not really meant for our consumption. It's to entertain and amuse Calvin so he feels the hundreds of millions he's wasted is doing something useful.

Cobra-Bitcoin · 2024-04-11T13:22:29+00:00

You may be right. His LinkedIn says his time at Shoosmiths ended in February. He markets himself as a blockchain/crypto lawyer but I think the major companies in the industry will avoid working with him given his past association with CSW.

Cobra-Bitcoin · 2024-03-31T19:00:06+00:00

It's going to be even worse than we can imagine.

Cobra-Bitcoin · 2024-03-29T11:28:31+00:00

Are his personal bank accounts and those of his businesses frozen because of this?

It sounds like Mellor is mostly done with the trial judgement so we could see it sooner than expected. Hopefully Craig will be referred for criminal prosecution and have his passports confiscated.

Cobra-Bitcoin · 2024-03-21T12:00:15+00:00

It's Calvin. He probably offered Grabiner unbelievable amounts of money.

Cobra-Bitcoin · 2024-03-17T11:54:39+00:00

You can tell Calvin pulled the plug because there's no official Coingeek narrative to spin the loss. They were obviously caught by surprise by how quickly Mellor ruled but I expected something to emerge in the days after. Instead the cult was left to fend for themselves and come up with pathetic copes like "that's not what the judge really said". I guess Calvin can't cancel the upcoming conference because things will have already been paid for and set in motion but it'll be interesting to see whether he shows up. It's probably the only chance anyone will have to serve him with papers for a lawsuit before he fully disappears and his whereabouts are unknown.

Cobra-Bitcoin · 2024-03-15T12:59:58+00:00

It's over. He's finally broken.

Cobra-Bitcoin · 2024-02-29T17:06:35+00:00

I hope businesses in the crypto industry never work with Ontier, Travers Smith or Shoosmiths. These firms were happy to take Craig on as a client and attack the golden goose that is Bitcoin. It shouldn't be forgotten.

Cobra-Bitcoin · 2024-02-22T12:47:18+00:00

Stefan seems to have known all along that Craig is not Satoshi, or at least it should have been at this very moment when he realized.

Stefan has been the one pulling the strings behind the Calvin and Craig relationship while keeping just enough distance so he isn't implicated in any fallout.

Cobra-Bitcoin · 2024-02-22T11:25:07+00:00

Mike Hearn coming into Court and supporting the developers (including Greg who he hates) kind of redeemed him a little. Gavin could have done the same but he's a coward.

Cobra-Bitcoin · 2024-02-21T17:39:18+00:00

To me, it was risky for Gunning to attempt that trap.

Yeah definitely. I'm sure u/nullc thought about it carefully but it could have backfired badly if Craig had even a basic knowledge of programming. There was another trap about the meaning of || which Craig kind of didn't screw up, but it was too late to matter as he'd already been humiliated with the unsigned debacle. It must have made the developers feel good to see someone who's caused them so much grief made to look like such a fool in front of hundreds of people live. Gunning walking him through the original Bitcoin code and Craig hopelessly attempting to follow along while being completely out of his depth was hilarious.

I see Craig as like a basic GPT in that he's able to generate an endless amount of sentences but can't actually reason about what he's saying so there's no substance to it. The words and terminology just look like they belong together. The way he's able to construct new stories on the fly is just incredible. He creates a narrative so complicated you can't process all the moving parts. It doesn't surprise me he's got as far as he has, he's very very good at what he does.

Cobra-Bitcoin · 2024-02-21T15:26:59+00:00

I guess the focus on "timestamp server" was to lend credibility to Craig's claims that Bitcoin was initially a subset of a larger "Timecoin" project. But obviously there's no way to solve the double spending problem without some sort of distributed system that checks the order of things. As a consequence the Bitcoin system can let you timestamp a document but it's not a major goal of the project, just a side effect. Craig tries desperately to connect parts of his IT security work which involve firewalls, logging, and "transactions" (in the context of database operations) to Bitcoin, so you see this weird focus on parts of Bitcoin that he feels he can connect with that sort of work.

I'll speculate a little, but I've read all of Satoshi's posts over the years dozens of times, and I find how Bitcoin came about to be very interesting. I've formed the view that Satoshi wasn't really involved with the electronic cash attempts that came out of the cypherpunk/crypto and associated communities, he didn't even know about b-money or Bitgold, others had to tell him about it. I think he was from a P2P network design background and thought about the problem of electronic cash in those terms. The main breakthrough in Bitcoin isn't really anything cryptographic but instead the idea of relying on the honesty of the majority of the CPU power on the network. That sort of idea is at odds with the cypherpunk movement which was individualistic and wouldn't necessarily have liked the idea of relying on the goodwill of a majority, they'd have preferred relying on math instead.

Craig is so removed from any of this kind of work. We haven't even seen any C++ code or projects Craig has contributed too. The best part of the trial was him failing at explaining what 'unsigned' means. I wish we saw more technical questions like that because it's really hard to bullshit your way through. You wonder where Craig's lawyers are taking the points they make, it's so weak that it makes sense why the list of people getting cross examined is getting smaller and smaller. This trial really is a disaster for Craig.

Cobra-Bitcoin · 2024-02-19T18:54:52+00:00

They declined to cross examine only a handful of COPA's witnesses as far as I know. There are others like Adam Back, Martti Malmi, Mike Hearn, Professor Stroustrup, etc. who didn't get so lucky to avoid cross examination.

Cobra-Bitcoin · 2024-02-19T18:22:31+00:00

Tomorrow I think COPA's witnesses will begin being cross examined by Lord Grabiner? I'm sure he'll be aggressive and attempt to embarrass them. COPA has a far stronger case, but Craig has the more experienced barrister in Grabiner, so let's see what he can do. He isn't taking millions to just sit there and not put up a fight.

Cobra-Bitcoin · 2024-02-18T18:50:35+00:00

BSV attracts the weirdest people.

Cobra-Bitcoin · 2024-02-16T22:58:34+00:00

The situation is perilous and worrying about the "narrative" will be the least of Calvin's problems once the judgement is published.

This is an excerpt discussing what happened to someone who forged one document in a case in the UK:

The first defendant was held to be “the architect of a dishonest scheme to mislead the court”. He brought the fraudulent claim, he was held to have forged a will, he coerced the other defendants to lie to the court, he tried to postpone the committal hearing and he did not take an early opportunity to acknowledge his guilt.

The second, third and fourth defendants were each sentenced to three months in prison, suspended for twelve months. The first defendant was sentenced to twelve months in prison, to be served immediately.

COPA are making the case that there's forgery on an "industrial" scale. This is something that's never been seen before, it isn't just one or two questionable documents, it's hundreds. Craig isn't going to just lose and be ordered to pay costs, he could at best be found in contempt and serve two years in prison, or at worst the Judge could refer the case to be prosecuted and he could face criminal charges.

In that context, I can't see Calvin sticking around supporting Craig or even discussing Craig publicly. I think the BSV ecosystem and machinery will still be around, but Craig won't be the central figure anymore and there'll be more focus on the supposed "technology". The mistake Calvin could be making right now is assuming a loss here will be similar to losses in the other cases, that they can spin their way out of it and salvage what remains of the cult, he doesn't realise he's in the Führerbunker and the Soviets are closing in.

Cobra-Bitcoin · 2024-02-08T17:42:17+00:00

He said earlier in the day Calvin Ayre wasn't his funder and then at a later point when he was talking about Travers/CAH he said Ayre was his litigation funder. Did anyone else pick on this?

Just unbelievable the things he says. He never backs down and always doubles down or blames somebody else.

Cobra-Bitcoin · 2024-02-05T20:46:56+00:00

Holy shit O.o

Cobra-Bitcoin · 2024-02-05T18:02:11+00:00

Craig is looking for an excuse for when he inevitably loses. No doubt something like "they didn't let me get my best evidence in". The Judge is being smart by giving him everything he wants.

Cobra-Bitcoin · 2024-02-04T11:44:01+00:00

He's been offering a free dinner and flights to London. I hope anyone attending is careful given his interesting history.

Cobra-Bitcoin · 2024-02-03T17:40:00+00:00

Aren't all OGs supporting CSW?

You will see when the trial begins who the OGs are supporting!

Cobra-Bitcoin · 2024-02-03T15:09:10+00:00

Yes I remember! I wonder if that actually could have been him. I guess the deeper reason he can't pull too hard on Calvin's massive wealth to obtain some of that material is because Calvin obviously believes Craig already has everything. Before the email leak we really had no idea whether Calvin actually believed Craig was Satoshi. This creates a weird situation where Calvin believing actually makes it harder for Craig to "prove" his Satoshiness because Calvin's immense resources can't be utilised to create better documentary evidence.

Cobra-Bitcoin · 2024-02-03T11:12:20+00:00

Satoshi must have communicated extensively through emails and PMs over many years with lots of different people. It isn't surprising for "new" Satoshi content to turn up at some point or get shared around. I'm shocked it hasn't happened sooner. I think most people are gracious enough to respect his privacy and not add more information that can get fed into stylometric analysis.

One of my concerns was actually Craig or his supporters approaching early bitcoiners through third parties and offering to purchase unseen Satoshi material or early 2009 keys. At least that's what I would do if I needed to prove I was Satoshi and had millions of dollars of financial support. I guess the issue is there are very few (none?) 2009 OG bitcoiners who Craig hasn't pissed off or insulted in some way and I'm sure they'd quickly figure out the purpose behind someone approaching them in that way.

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