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

Written by:
Aaron Goldstein
Published on:

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,


Business/Financial News

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