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Bitcoin Website Editor Hodlonaut Receives Almost $1M in BTC as Craig Wright Case Looms
Hodlonaut, who is set to appear in a Norwegian court next month, has already raised 52.679 bitcoin and $30,000 in donations.
A prominent member of the Bitcoin community said in a tweet they had received a 47 bitcoin ($1 million) donation ahead of a defamation court hearing involving nChain Chief Scientist Craig Wright.
The pseudonymous Hodlonaut, who works as an editor for bitcoin magazine Citadel21, has received a total of 52.679 bitcoin and $30,000 in donations from 1,891 people, according to the tweet.
STORY CONTINUES BELOW
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Hodlonaut will appear in Norwegian court on Sept. 12 for a case that began in March 2019. Earlier this month, Wright was involved in a U.K. court hearing with bitcoin (BTC) podcaster Peter McCormack. High Court Judge Martin Chamberlain ruled that Wright used false evidence in the defamation case and awarded him damages of 1 British pound ($1.18).
Several members of the crypto community have shown their support for Hodlonaut with the social media hashtag #WeAreAllHodlonaut. Michael Saylor, the CEO of business-intelligence software developer and bitcoin investor MicroStrategy (MSTR), posted the hashtag on Twitter on the same day the 47 bitcoin donation was received.
UPDATE (Aug. 22, 18:18 UTC): Adds damages award in third paragraph.
Oliver Knight
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
