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The Tether Attorney General reaffirms support for Peter McCormack

October 26, 2020

Stuart Hoegner, General Counsel at Tether and Crypto Exchange Bitfinex, rejects claims that the stablecoin operator abandoned podcaster Peter McCormack in his lawsuit against Craig Wright, the Australian citizen who claims to be Satoshi Nakamoto.

In a tweet from October 24th from Hoegner, the General Counsel rated A recently published article by the crypto media platform Coingeek He said that Tether withdrew money from McCormack as a “lie” in his legal battle against Wright.. Coingeek is owned by Calvin Ayre, a high profile Wright supporter who supported his claims that Wright is the creator of Bitcoin (BTC).

“Tether supports Peter McCormack and believes he is right,” He said Hoegner.

The Tether Attorney General reaffirms support for Peter McCormack
The Tether Attorney General reaffirms support for Peter McCormack

In April 2019, Wright filed a defamation suit against McCormack in the UK for accusing the Australian national of fraud and falsely claiming to be Satoshi. Hoegner said at the time that Tether would “support” the podcaster What bitcoin did in his defense against Wright, who pointed to financial support.

However, in response to Hoegner’s rejection, Ayre does not give in.

“They sent me a copy of Peter’s attorney’s letter saying he wanted to settle because his money was cut.” He said Ayre on Twitter. “Tether said they funded it, which must mean Tether cut funding. If Tether is still funding it doesn’t make sense. “

Continuously Promoting Bitcoin SV (BSV), which is why both Ayre and Wright are well-known proponents:

“My bottom line is that the tether managers already know Craig is Satoshi, and all of this is just a great game for keeping their scams alive. The smart move would be to move Tether to BSV and give up BTC. “

Wright has filed multiple defamation suits against alleged rivals in the cryptocurrency industry. In August, filed a defamation lawsuit with the Antigua and Barbuda Supreme Court against Bitcoin Cash (BCH) defender Roger Ver. This followed the High Court of England dismissing a similar lawsuit that Wright brought against Ver in 2019.. However, in April he also dropped a $ 125,000 defamation lawsuit against Adam Back, CEO of Blockstream, and agreed to reimburse legal fees.