Mon, December 2

UK Court Rules Against Craig Wright’s Claim of Being Satoshi Nakamoto

UK Court Freezes $7.6 Million of Assets Belonging to Craig Wright Bitcoin News
  • Wright’s continued claims to be Nakamoto were the basis for request for injunctive action.
  • On Jan 24th, COPA turned down Wright’s offer to resolve the dispute out of court.

In a verdict handed out by British judge James Mellor on March 14, BitMEX Research revealed that Craig Wright was found not to be Satoshi Nakamoto, the anonymous developer of the Bitcoin network.

In the case filed by the Crypto Open Patent Alliance (COPA) against Wright, an Australian computer scientist who has asserted his identity as Nakamoto since 2016, closing arguments began in London on March 12.

Forged Documents and Lies

Furthermore, Wright’s continued claims to be Nakamoto were the basis for COPA’s request for injunctive action. Also, massive document fraud has been leveled against Wright in relation to his assertion that he is the pseudonymous creator of Bitcoin.

As stated in COPA’s closing submission:

“Dr. Wright has been shown to have lied on an extraordinary scale. […] He has invented an entire biographical history, producing one tranche after another of forged documents to support it.”

The trial began on February 5th. On January 24th, COPA turned down Wright’s offer to resolve the dispute without going to court.

Moreover, in 2020, the founders of COPA set out to break down patent barriers to innovation and promote the use of cryptocurrency technology. Coinbase, Block, Meta, MicroStrategy, Kraken, Paradigm, Uniswap, and Worldcoin are among the thirty-three of its members.

For copyright infringements concerning the Bitcoin white paper, its file format, and database rights to the Bitcoin blockchain, the Wright sued a number of corporations in 2023, together with thirteen Bitcoin Core developers, including Blockstream, Coinbase, and Block.

Moreover, in 2019, Wright applied for copyright protection in the US for the Bitcoin white paper and its accompanying code. The Bitcoin white paper is under an MIT open-source license, anyone may use it or change it for anything they want. 

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A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.