Item — HN Reader

> Nakamoto's attorney, Ethan Kirschner, confirmed in an email that his law office is "responsible for the website and the fund." (Quote from Business Insider article)

In other words, it seems the lawyer himself put up this web site and will be pocketing all the funds...pretty sleazy if true.

1 comments

So you're upset that a legal fund will be used to pay legal expenses to lawyers to carry out legal action.

What else do you think the legal fund should be spent on?

Except you know the lawyers are going to get a big cut of the proceeds as well.

The site is disingenuous. "Please donate to the defense fund" is a total lie. It's an attack fund. If they're going to solicit money for a cause, at least be honest about that cause.

Didn't mean to come across as upset - I'm not.

I would say that Nakamoto already received nearly 50 BTC (currently around $20k) from the community. https://blockchain.info/address/1Dorian4RoXcnBv9hnQ4Y2C1an6N...

Now his lawyer, who could just as well work for a settlement with Newsweek which would pay for the expenses, seems to me to simply be taking advantage of the (apparently quite generous) BTC crowd...

There's a perceived difference between outside forces raising money for legal battles vs a specific law firm doing its own money-raising. The latter comes across as self-serving for the attorneys.