Oddbean new post about login | logout C. Wright faces 4th worldwide asset freezing order. This time for the amount of £1.548.000 to be paid to Peter McCormack for a libel claim "founded on a lie". Reportedly the previous 3 freezing orders were paid. https://www.lawgazette.co.uk/news/freezing-order-over-bitcoin-libel-claim-founded-on-a-lie/5120238.article
congrats to pedro for a nice little fiat injection. Hopefully he can get the cash before sats are expensive again.
Who is going to force CW to pay?
Goons with guns, maybe. Or he won't have to pay.
I'm betting he won't ever pay, or if he does, he will dump his SV to cover it, so essentially costing him nothing.
Daddy Calvin got this
When CSW win a libel case he gets 1 pound, but when he loses he pays millions? Am I missing something here? Libel is libel right? nostr:nevent1qqsqq9k9e8em33anrfzj4jeeae6fqawhu7rpmjshdn8gdgkjr5ahhsgpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtczyph8tauhywtu5v54ur6v5raud6uuc7d7ska0m4tt6duzyr9gamn5uqcyqqqqqqgltsx3z
Lmfao he also had to pay hodlbot for his legal fees. So when he loses he pays millions, when he wins a case he gets 1 pound. GG system of you're being unbias
When did he win a case?
Did you read the article?
No I'm travelling. Just shared it before I left home.
He's basically sued quite a few people for defamation and libel. In one instance, where he won the case of defamation, the Judge awarded him 1 pound. In the case of Hodlbot (the accused) he lost and had to pay 400 000 euros in Hodlbots legal fees. And now here again. Just a funny system at face value
"In one case, Wright successfully sued podcaster Peter McCormack over social media posts and videos claiming Wright was a fraudster. While the damages were reduced to £1 because of Wright's conduct, which included putting forward deliberately false evidence, McCormack was ordered to pay part of Wright's costs. " So when the accused provides false info, then CSW gets 1 pound. LOL what?