HomeNewsJudge Rejects Craig Wright's Claim as Bitcoin Creator

Judge Rejects Craig Wright’s Claim as Bitcoin Creator

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  • Verdict ends years of litigation over the authorship of the Bitcoin whitepaper and the identity of Nakamoto.
  • Wright’s lawsuits against key figures such as Coinbase and Jack Dorsey will likely be dismissed after this ruling.

In a recent court ruling in the UK, Judge James Mellor ruled that Australian businessman Craig Wright does not correspond to the identity of Satoshi Nakamoto, who is recognized as the creator of Bitcoin.

The lawsuit against Craig Wright was initiated by the Crypto Open Patent Alliance (COPA), a consortium formed by several companies in the cryptocurrency sector. COPA members include major companies such as Block, co-founded by X’s Jack Dorsey, Coinbase and MicroStrategy.

The main goal of this group was to stop Wright from continuing to claim that he invented Bitcoin and using this statement to increase his influence in the industry. COPA accused Wright of creating a large amount of false evidence that he presented during the trial.

Craig Wright is not recognized as the creator of Bitcoin, Satoshi Nakamoto, we have discussed this many times on ETHNews, due to the lack of conclusive evidence to support his claims and court decisions that have refuted his claims .

Over the years, Wright has claimed to be the person (or part of the group) behind the pseudonym Satoshi Nakamoto, who published the Bitcoin white paper in 2008 and launched the network in 2009. However, his attempts to prove his identity have been widely questioned and criticized by the cryptocurrency community.

The verdict brings to an end several years of speculation and legal proceedings related to Wright’s claims. It is important to note that Wright was not present in court when this decision was announced.

The legal actions he initiated, based on his claim to be Nakamoto, included lawsuits against significant individuals and entities within the cryptocurrency community, such as Coinbase and Block, a company owned by Twitter co-founder Jack Dorsey. However, it is anticipated that these lawsuits will be dismissed following Mellor’s ruling.

Despite the efforts of Wright’s lawyers, who insisted on his role in the creation of Bitcoin, COPA’s lawyers suggested to Judge Mellor to consider sending the case to the Crown Prosecution Service to assess a prosecution for perjury and obstruction of justice.

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Isai Alexei
Isai Alexei
As a content creator, Isai Alexei holds a degree in Marketing, providing a solid foundation for the exploration of technology and finance. Isai's journey into the crypto space began during academic years, where the transformative potential of blockchain technology was initially grasped. Intrigued, Isai delved deeper, ultimately making the inaugural cryptocurrency investment in Bitcoin. Witnessing the evolution of the crypto landscape has been both exciting and educational. Ethereum, with its smart contract capabilities, stands out as Isai's favorite, reflecting a genuine enthusiasm for cutting-edge web3 technologies. Business Email: info@ethnews.com Phone: +49 160 92211628