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Craig Wright: Self-proclaimed bitcoin inventor accused of extensive lying

COPA praised the ruling as a milestone for the open-source community, safeguarding bitcoin developers from Wright’s lawsuits

AuthorDoris Fang

Reading Time1 min

PublishedMay 21, 2024

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Headline

COPA praised the ruling as a milestone for the open-source community, safeguarding bitcoin developers from Wright’s lawsuits

Context

Australian computer scientist Craig Wright, who claimed to have invented bitcoin as Satoshi Nakamoto, has been found guilty of extensive lying and document forgery by a judge at London’s High Court. An Australian computer scientist, Craig Wright, who claimed to be the inventor of bitcoin , has been deemed guilty of significant dishonesty and the fabrication of documents on a massive scale, according to a recent ruling by a judge at London’s High Court.

Evidence

Pending intelligence enrichment.

Analysis

Also read: Ethereum’s potential to surpass bitcoin: Under evaluation Judge James Mellor, after a trial initiated by the Crypto Open Patent Alliance (COPA) to prevent Wright from suing bitcoin developers, concluded in March that the evidence overwhelmingly disproved Wright’s claim of being Satoshi Nakamoto, the pseudonymous creator of bitcoin. Also read: Bitcoin inflows hit decade low as whales sit and wait Described as a pivotal moment for the open-source community, COPA, whose members include Block, the payments firm founded by Twitter’s Jack Dorsey, welcomed the court ruling. It ensures that bitcoin developers can continue their crucial work of maintaining, iterating on, and enhancing the bitcoin network without the risk of personal livelihoods being compromised or facing arduous legal battles initiated by Craig Wright.

Key Points

The judge ruled that Craig Wright lied “extensively and repeatedly” and forged documents “on a grand scale” to support his false claim of being the inventor of bitcoin.
After a trial initiated by the Crypto Open Patent Alliance (COPA), Judge James Mellor previously ruled that the evidence overwhelmingly disproved Wright’s claim of being Satoshi Nakamoto.
COPA hailed the court ruling as a significant moment for the open-source community, ensuring that bitcoin developers can continue their work without fear of litigation from Wright, who had been suing them.