Your Own Liberty - Investing and Stock News
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Stock
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Your Own Liberty - Investing and Stock News
No Result
View All Result
Home Investing

Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto

by
March 14, 2024
in Investing
0
Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto

UK Judge James Mellor has rejected Craig Wright’s claims of being Satoshi Nakamoto, the elusive creator of Bitcoin, in a recent verdict. 

The ruling came at the conclusion of closing arguments in the lawsuit brought by the Crypto Open Patent Alliance (COPA) against Wright, an Australian computer scientist who has asserted his identity as Nakamoto since 2016.

COPA, an organization focused on promoting the adoption and advancement of cryptocurrency technologies while removing patents as barriers to growth and innovation, sought injunctive relief to prevent Wright from continuing to make claims of being Nakamoto. 

The case brought forward extensive allegations of document forgery against Wright, suggesting that he had fabricated a significant amount of evidence to support his claim of being the pseudonymous Bitcoin founder, as reported by BitMEX Research.

The trial, which commenced on February 5, witnessed Wright offering to settle the case out of court on January 24. 

However, COPA declined the settlement offer.

COPA Says Wright Engaged in Extensive Deception


COPA’s closing submission stated that Wright had engaged in extensive deception, emphasizing that he had invented an elaborate biographical history and produced a series of forged documents to substantiate his claims. 

The evidence presented during the trial painted a picture of Wright’s alleged falsehoods on an “extraordinary scale.”

The trial is now over.

As the evidence against Craig was so strong, the judged annouced his early findings on some of the key issues at the end of the trial

It is now official from Judge Mellor:

Craig Wright is NOT Satoshi!!!

— BitMEX Research (@BitMEXResearch) March 14, 2024

The lawsuit against Wright is not the first legal battle surrounding his claims. 

In 2023, he filed a lawsuit against 13 Bitcoin Core developers and several companies, including Blockstream, Coinbase, and Block, alleging copyright violations related to the Bitcoin white paper, its file format, and the database rights to the Bitcoin blockchain.

Wright had previously filed a copyright registration for the Bitcoin white paper and its underlying code in the United States in 2019. 

However, it is important to note that the Bitcoin white paper is now subject to an MIT open-source license, enabling anyone to reuse and modify the code for any purpose. 

The court ruling, if in favor of COPA, would curtail Wright’s ability to make further copyright claims on the white paper.

Nakamoto May be a Collective Entity


Meanwhile, in another blow to Wright’s claim that he is the mysterious Bitcoin creator, a recent investigation provided evidence to suggest that Nakamoto may actually be a collective entity.  

One piece of evidence is the usage of both “we” and “I” in the Bitcoin white paper, indicating the possibility of a team operating under a singular pseudonym.

Another piece of evidence comes from the linguistic analysis of Nakamoto’s writings. 

The white paper showcases impeccable English with precise language and accurate usage of technical terms. 

But since Nakamoto’s writing style appears to be different in forums and email correspondences, this suggests multiple individuals were involved. 

 

The post Breaking: Court Verdict Shatters Craig Wright’s Claims – Not Bitcoin’s Creator, Satoshi Nakamoto appeared first on Cryptonews.

Previous Post

Third-party group No Labels inches closer to launching 2024 ‘unity’ ticket amid talks with GOP’s Geoff Duncan

Next Post

XRP Price Prediction as Bulls Push XRP Above $0.65 Resistance – $1 XRP Incoming?

Next Post
XRP Price Prediction as Bulls Push XRP Above $0.65 Resistance – $1 XRP Incoming?

XRP Price Prediction as Bulls Push XRP Above $0.65 Resistance – $1 XRP Incoming?

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

    Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

    May 12, 2025
    Trump China tariff truce ignites stock markets – will it also pump up president’s poll numbers?

    Trump China tariff truce ignites stock markets – will it also pump up president’s poll numbers?

    May 12, 2025
    Dozens of boxes of Nazi materials found in basement at top Argentinian court

    Dozens of boxes of Nazi materials found in basement at top Argentinian court

    May 12, 2025

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Latest News

    • Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
    • Trump China tariff truce ignites stock markets – will it also pump up president’s poll numbers?
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 yourownliberty.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2025 yourownliberty.com | All Rights Reserved