Disillusioned by the scheme of Craig Wright posing as “Satoshi,” Ryan X. Charles is rallying a group for a collective lawsuit effort. Wright’s insistence on being the mysterious Satoshi Nakamoto has faced a decisive end. Former supporter Ryan X. Charles initiated the FaketoshiSUX group to seek justice. Fueled by a sense of betrayal, FaketoshiSUX is amassing support for a joint lawsuit targeting those responsible.

End of an Illusion

The recent ruling from the UK High Court, debunking Craig Wright as Satoshi Nakamoto, marks the conclusion of a saga riddled with deception and legal disputes by the self-professed originator of Bitcoin. While skeptics felt vindicated by the verdict, it served as a harsh awakening for loyalists swayed by Wright's assertions.

A Change of Heart Becomes a Battle Cry

Former believer Ryan X. Charles, candid about his own gullibility, took to social media post-verdict expressing remorse over being misled. In a twist of fate, Charles is now spearheading a movement to hold Wright answerable, gathering followers for a legal battle under FaketoshiSUX (Faketoshi Supporters Unite on X).

The Saga Unfolds Further

FaketoshiSUX is extending its reach, calling out anyone wronged by Wright, Calvin Ayre, and Stefan Matthews to come forward, provide proof, and join their collective fight in the lawsuit. However, the odds of winning such a broad case remain uncertain, given the extensive scope of Wright’s elaborate scheme involving various possible damages, from financial losses to intangible harms like damaged credibility and fractured relationships.

Mixed Reactions

The collective effort by FaketoshiSUX has faced criticism, with individuals like Gilles Cadignan suggesting that the victims had ample warning signs before the court ruling. Contrarily, users like Fresh$tart argue that believers in Wright should bear some accountability for being deceived rather than resorting to legal measures.

Unveiling Deception

Post the unmasking of Wright, Charles took to social platforms to recount his journey of being duped by Wright over several years. He shared how initial endorsements from respected figures led him to believe Wright was Satoshi, ultimately leading Charles to switch his allegiance to Bitcoin Cash and then Bitcoin SV, selling off his existing Bitcoin assets in support of Wright. The consequences were severe, with Charles estimating losses in the millions due to the deceit.

A Call for Awareness

Despite overwhelming evidence against Wright in the High Court, a group remains staunch in their belief that he is indeed Satoshi. Charles implores the cryptocurrency community to show empathy towards these individuals who have fallen prey to deception.

Remedial Actions by FaketoshiSUX

What started as a symbolic gesture with AI-generated animal images in solidarity for Wright’s victims evolved into a radical movement seeking legal action against Wright and his presumed allies.

On the Other Side

The rift in the blockchain community led to the significant split in BCH away from Bitcoin in August 2017, with Wright and Roger Ver playing pivotal roles. Wright advocated for significantly larger block sizes on BCH for enhanced scalability, which eventually led to BSV branching off from BCH in November 2018. However, both BCH and BSV have depreciated substantially against Bitcoin.

Significance of the Matter

FaketoshiSUX emerged as a response to the emotional turmoil resulting from being fooled by Wright. Nonetheless, the feasibility of obtaining justice remains uncertain, especially since the financial standing of Wright remains obscured.