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Craig Wright’s Claims of Being Bitcoin Creator Satoshi Nakamoto Under Scrutiny in UK Court

6 February 2024
in News
Reading Time: 3 mins read
102 7
Home News

Australian computer scientist Craig Wright is in a legal battle in the United Kingdom over charges brought by some cryptocurrency exchanges and developers for claiming to be Nakamoto Satoshi, the developer of Bitcoin. 

The trial hearing, which began on February 5, was marked by heated disagreements and serious allegations regarding the presented facts.

Jonathan Hough KC, the attorney representing COPA, stated that Wright’s claim is nothing but a “brazen lie and elaborate false narrative backed by forgery on a massive scale.” The attorney also argued that Wright used AI giant ChatGPT to create forgeries of Bitcoin to back his claims. 

On the other hand, Wright’s lawyer, Lord Gabriner KC, argued that he (Wright) had already launched Bitcoin’s whitepaper after “having spent several years devoted to studying, researching, and developing the concepts underscoring Bitcoin.” The defendant’s attorney added that Wright is able to provide “clear evidence” about his creation of the virtual currency. 

In 2016, the 53-year-old Australian scientist claimed that he is the pseudonymous developer of the world’s largest cryptocurrency but failed to prove it, and this has spurred various clashes over the years. 

However, he recently repeated the claim in a post on X on January 13 that he is responsible for developing Bitcoin and unveiling it to the world. 

I conceived Bitcoin, and I unveiled it to the world. However, in BTC, they’ve torn it asunder. I’ve chosen to forsake BTC because I won’t allow it to exist in a grotesque form, both in its physical embodiment and its underlying connotations.

— Dr Craig S Wright (@Dr_CSWright) January 13, 2024

The Crypto Open Patent Alliance (COPA) filed the ongoing court case against Dr. Craigh Wright. The COPA, which comprises former Twitter CEO Jack Dorsey’s payment firm, Block, and the crypto exchange giant Coinbase, asked that high court in London for a negative declaration from Dr. Wright that he is not Nakamoto Satoshi. 

Dr. Wright had offered to settle the lawsuit in January 2024, but COPA rejected the settlement offer.

Hard pass on that “settlement.”

Just like Craig Wright forges documents and doesn’t quite tell the truth, his description of the settlement offer isn’t quite accurate either – it comes with loopholes that would allow him to sue people all over again.

— COPA (@opencryptoorg) January 24, 2024

It’s also worth noting that Wright had reportedly told a Norwegian court in 2022 that he had broken the computer hard drive that would have granted him access to Bitcoin’s private keys. 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Precious James

Precious James is a seasoned forex and crypto trader who loves sharing insights through engaging and accessible content. When not analyzing markets, Precious enjoys quality time with their beloved dogs. This blend of expertise and personal passion adds a unique, relatable touch to Defi Planet's content.

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