March 27, 2024
Latest Cryptocurrency News

UK Judge Rejects Craig Wright’s Claim to be Satoshi Nakamoto

In a landmark ruling on March 14, Judge James Mellor of the United Kingdom dismissed Craig Wright’s assertion of being Satoshi Nakamoto, the elusive creator of Bitcoin. BitMEX Research reported the verdict, concluding a legal battle initiated by the Crypto Open Patent Alliance (COPA).

The lawsuit, which commenced on February 5 in London, witnessed intense scrutiny of Wright’s claims. COPA, representing a consortium of cryptocurrency industry leaders, sought injunctive relief to halt Wright from perpetuating his self-professed identity as Nakamoto. The case unfolded with accusations of extensive document forgery, as COPA presented evidence alleging Wright’s fabrication of his purported biography.

“Dr. Wright has been shown to have lied on an extraordinary scale.”

COPA’s closing statement

The alliance emphasized Wright’s production of falsified documents to substantiate his narrative, undermining his credibility significantly.

Despite Wright’s offer to settle the lawsuit outside of court on January 24, COPA remained steadfast in its pursuit of justice. COPA, founded in 2020, seeks to promote the acceptance and progress of cryptocurrency technologies while eliminating patents as a barrier to innovation.

Wright’s legal woes extend beyond this recent verdict. In 2023, he sued several Bitcoin Core developers and prominent companies, alleging copyright violations related to the Bitcoin white paper and blockchain database rights. This move prompted criticism from the Bitcoin Legal Defense Fund, denouncing such litigious actions as detrimental to the Bitcoin community.

Wright Claims Copyright for Bitcoin White Paper

Wright’s attempt to claim copyright over the Bitcoin white paper, filed in 2019, faces significant hurdles. The document now operates under an MIT open-source license, enabling unrestricted use and modification. An injunction against Wright would thwart any further attempts to assert copyright ownership over the foundational document of cryptocurrency.

As the legal battle concludes, the ruling delivers a decisive blow to Wright’s longstanding claims, affirming that the true identity of Bitcoin’s creator remains veiled in anonymity.

Image by Mohamed Hassan from Pixabay

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