A bitcoin developer is fighting Craig Wright's lawsuit over claims of ownership of billions of dollars in bitcoin lost in a hack.

☀️ The developer's lawyer stated that the Tulip Trading company had no proof of ownership of 111,000 bitcoins.

☀️ Allegations of forged documents and fraudulent control of funds were accused against Tulip Trading.

☀️ The Bitcoin Legal Defense Fund, backed by Jack Dorsey and others, is supporting the developer in this case.

☀️ The developer's lawyer called Tulip Trading's claims fraudulent and accused Dr. Wright as a con artist.

☀️ There is no evidence of bitcoin ownership by Wright or his company.

☀️ The lawsuit arose because Wright wanted a backdoor mechanism in the bitcoin software.

☀️ Wright's previous lawsuit against Coinbase and Kraken was also dismissed.