Magnus Granath Ordered to Pay Craig Wright £93,000 in Legal Costs

Written by:
Aaron Goldstein
Published on:
May/29/2022

Magnus ‘Holdonaut’ Granath has been ordered to make an interim payment of £93,000 (plus VAT) to Dr. Craig Wright with respect to his failed summary judgment application, CoinGeek is reporting Sunday morning.

The English High Court on Wednesday issued a formal order confirming the dismissal of Granath’s application to have Dr. Wright’s defamation suit thrown.

Though the costs are still to be agreed between the parties (or subject to detailed assessment if no such agreement can be reached), the court ordered Granath to make an interim payment of £93,000 plus VAT—meaning the full amount is still to be decided.  A final determination will be made on July 8.

Granath has 14 days to pay the £93,000.

Earlier this year, in February, Granath paid Dr. Wright £140,000 in relation to Dr. Wright’s victory in the U.K. Court of Appeal in January, adding to a total of £70,000 already paid.

- Aaron Goldstein, Gambling911.com

 

Business/Financial News

The Growing Interest in USDT Among Gamblers

Bitcoin has long been the standard when it comes to funding betting accounts with offshore sportsbooks and online casinos ever since we here at Gambling911.com suggested the concept to an industry colleague back around 2014.

Can Cryptocurrency Eventually Replace Fiat Money?

There has been growing interest in cryptocurrencies in the recent past, which has made most people suggest that banks will become redundant soon. The idea behind Bitcoin and the entire cryptocurrency movement is to decentralize banking and eliminate the blocks that come with centralized management.

Port Strike Ends: Bettors Lose

The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports reached a deal Thursday to suspend a three-day strike until Jan. 15 to provide time to negotiate a new contract.

Syndicate