UK Law Commission report challenges Craig Wright’s suit against Bitcoin developers By Cointelegraph

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© Reuters.

A recent report released by the United Kingdom’s Law Commission could weaken a central argument brought by Craig Wright in his controversial lawsuit against 12 core developers, argues the Bitcoin Legal Defense Fund (BLDF).

In a 300-page report on digital assets published in late June, the Law Commission — an independent body that reviews and recommends reforms to U.K. and Whales laws — cited a classification of fiduciary duty that bolsters the developers’ defense that they are not directly responsible for 111,000 Bitcoin (BTC) lost to hackers.