Cryptocurrency expert Craig Wright has been allowed to continue litigation against the Bitcoin Association over a 2020 hacking attack that cost him billions of dollars of Bitcoin. He argued that it would be relatively easy for Bitcoin administrators to write software that would reinstate access to coin holders who have lost their private wallet keys or had them stolen. In 2022, he brought a claim in the England and Wales High Court in the name of his Seychelles company Tulip Trading, alleging that the Bitcoin Association and 16 other individual software developers owed him a tortious duty of care to do this. His appeal has now been heard by the England and Wales Court of Appeal, which tentatively accepted his arguments and cleared the way for him to prove the facts of his case in a full hearing.
