There was never any apology or retraction seeming to remove settlement an a possible result.
I have no reason to doubt the claims against the article, at first glance there are a significant number of credible sources supporting the idea the article was flawed, yet the claims were ineffective legally.
Of course it’s not easy or cheap to pursue a case of defamation, however, I think it money was the issue he could have rallied some public support. If I were asked, it’s certainly an issue I would do the due diligence on and contribute something to if it made sense.
edit: btw why is no one making a movie about this? There are so many fascinating aspects, the grand challenge, the controversy, the mathematician who declined a million dollar prize. I’d love to do even a documentary on it, or watch one if it’s been done.