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- nChain whistleblower Christen Ager-Hanssen has sued the blockchain company and key individuals in it for $98 million
- Ager-Hanssen was as soon as fired in 2023 after revealing what he says is the shadow possession of the British agency
- The company is identified as being the home of Satoshi Nakamoto faker Craig Wright for nearly a decade
The unprecedented nChain CEO at the coronary heart of a dramatic whistleblowing campaign in 2023 has sued the company and key individuals concerned with its operations for £72 million ($98 million). Christen Ager-Hanssen has centered nChain, a British blockchain company, alongside ancient employee and knowledgeable Satoshi Nakamoto faker Craig Wright and his predominant backers for the closing ten years: Stefan Matthews and Calvin Ayre. Ager-Hanssen was as soon as himself handed a 10-month detention center sentence for contempt of court docket as a consequence of “deliberate” breaches of court docket orders linked to theft of property from nChain following his departure in September 2023, but this lawsuit throws open the probability for years’ value of secrets to be printed.
Ager-Hanssen’s Alarmed Times
Ager-Hanssen’s history with nChain can even be described as tumultuous at simplest. He had been in the job for not as a lot as a year when he uncovered what he believed was as soon as proof of financial malpractice within the company and its majority owner, Calvin Ayre. The Norwegian compiled a file, The Fairway Transient, and handed it to Aye and varied directors in unhurried September 2023; within days, he had been fired, alongside with a snatch of varied board participants who Ager-Hanssen had told and who set up their names to a letter of dissatisfaction with the company’s alleged shady dealings.
Piece of the deception was as soon as the counterfeit positioning of then-nChain employee Craig Wright as Satoshi Nakamoto in his in the smash doomed battle against the Cryptocurrency Delivery Patent Alliance. Following staunch strengthen since his appointment, Ager-Hanseen chanced on in September 2023 that Wright was as soon as a fraud, firing Wright and informing his superiors of the deception. Ager-Hanssen expected them to tumble their strengthen for Wright, but as a replace, they received rid of the CEO and the board participants who dared ask them, throwing their lot in with Wright, which proved a catastrophe: Wright misplaced spectacularly and ended up fleeing to Asia, the put he earned himself a suspended sentence for contempt of court docket and would possibly well presumably simply face prison perjury charges.
Observers Take a seat up for Main points
Having been sued by nChain in October 2023 and ended up with a 10-month sentence over the retention of workers computing equipment, Ager-Hanssen is now turning the tables, suing nChain on Friday and leaking snippets on X:
Calvin Ayre, Majority owner and Shadow Director of nChain, as effectively because the undisclosed precious owner of the litigation autos Tulip Trading Ltd and Wright Global Investments Ltd, both registered in Seychelles to obscure directorship and precious possession. Ayre… pic.twitter.com/vCvyBY0njL
— Christen Ager-Hanssen (@agerhanssen) July 6, 2025
The particulars of the lawsuit final below wraps, however the suit has been filed as a breach of fiduciary accountability and there are several defendants, with nChain, Ayre, Wright and but every other prolonged-time affiliate, Stefan Matthews, additionally in the firing line (Matthews, too, has been referred to the Crown Prosecution Provider for that you just would possibly well additionally factor in perjury charges, as Ager-Hanssen warned him).
These with an realizing of the fable (including the author, who is end to publishing a ebook on the ten-year Craig Wright fraud called Faketoshi: Fraud, Lies and the Fight for Bitcoin’s Soul) were interested to know the depth of Ayre’s files of Wright’s rip-off. They’ll be hoping that the fact sooner or later comes out because the lawsuit progresses via the courts.
