Share this article
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.
Updated May 11, 2023, 4:16 p.m. Published Aug 22, 2022, 3:26 p.m.
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
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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 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.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bybit returns to UK with 100 crypto trading pairs after 2-year break
Bybit exited the U.K. in 2023 following a tightening of rules around the promotion and marketing of crypto services.
What to know:
- Bybit reentered the U.K. under a framework designed to meet financial promotion standards and enhance transparency for local users.
- Bybit will operate and provide marketing of its services under the auspices of London-based crypto exchange Archax.
Top Stories
