News | March 15, 2024
The Verdict on Satoshi: Craig Wright’s Claims Dismissed by High Court
A High Court judge in the UK has concluded that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the creator of Bitcoin. This verdict comes after a contentious two-month trial in London, where Wright faced allegations of perjury and forgery in his attempts to establish himself as the digital currency’s inventor. The case, brought against Wright by the Crypto Open Patent Alliance (COPA), sheds concluding light on the ongoing debate over the true identity of Satoshi Nakamoto and the origins of Bitcoin.
- The High Court’s decision was delivered swiftly by Mr. Justice Mellor, who, after considering the overwhelming evidence, ruled against Wright on all counts, including his claim to be the author of the Bitcoin white paper and the creator of the Bitcoin system.
- COPA accused Wright of committing perjury and forging documents in an attempt to substantiate his claims. The trial revealed that some documents provided by Wright were allegedly backdated and contained inconsistencies, such as edits made using software versions that did not exist at the time the documents were supposedly created.
- COPA’s spokesperson hailed the verdict as a victory for developers, the open-source community, and truth. For over eight years, Wright’s claims and his legal actions have loomed over the Bitcoin community, with this ruling potentially putting an end to his assertions and the associated legal battles.
See: Bitcoin’s 10 Commandments: Insights from Satoshi’s Emails
- Notably, Wright had previously won a defamation case related to his claims of being Nakamoto, but the damages awarded were minimal due to the judge’s findings of false evidence presentation. This pattern of legal challenges underscores the contentious nature of Wright’s claims within the crypto space.
Why It Matters
This High Court’s ruling dispels years of speculation and reinforces the importance of authenticity within the crypto community, setting a precedent for future disputes over digital currency origins and intellectual property.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada’s Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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- Source: https://ncfacanada.org/uk-high-court-concludes-craig-wright-is-not-satoshi-nakamoto/
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