Fun

Final arguments begin in COPA case against Craig Wright over BTC claims

News Feed - 2024-03-13 04:03:42

Derek Andersen4 hours agoFinal arguments begin in COPA case against Craig Wright over BTC claimsThe Crypto Open Patent Alliance has attempted to show that Wright cannot be Bitcoin inventor Satoshi Nakamoto and make him stop claiming to be.1833 Total views8 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksClosing arguments began in London on March 12 in the suit brought by the Crypto Open Patent Alliance (COPA) against Craig Wright, the Australian computer scientist who claims to be pseudonymous Bitcoin inventor Satoshi Nakamoto. COPA presented its argument first. Arguments are expected to last three or four days.


COPA is seeking injunctive relief to prevent Wright from further claiming to be Nakamoto. As the claimant, COPA bears the burden of proof in the case; that is, it has to show that Wright is not Nakamoto. Wright has claimed to be Satoshi Nakamoto since 2016.Source: @BitMEXResearch on X


Wright has been accused of massive forgery of the documents he used to support his claim of being Nakamoto. According to COPA’s closing submission:“Dr Wright has been shown to have lied on an extraordinary scale. […] He has invented an entire biographical history, producing one tranche after another of forged documents to support it.”


COPA stated in its closing submission that it would seek to have documents submitted by Wright in the case referred to the Director of Public Prosecutions to be considered for perjury charges.


Related: Parsing Satoshi: What the Malmi emails reveal about Bitcoin’s creator


The trial began on Feb. 5. Wright had offered to settle the case out of court on Jan. 24, but COPA declined.COPA members. Source: COPA


COPA was founded in 2020 “to encourage the adoption and advancement of cryptocurrency technologies and to remove patents as a barrier to growth and innovation.” Its 33 members include Coinbase, Block, Meta, MicroStrategy, Kraken, Paradigm, Uniswap and Worldcoin. Wright holds dozens of patents relating to blockchain technology.Source: @Dr_CSWright on X


Intellectual property rights cast a shadow over the trial. In 2023, the infamously litigious Wright sued 13 Bitcoin Core developers and a group of companies, including Blockstream, Coinbase and Block, for copyright violations relating to the Bitcoin white paper, its file format and database rights to the Bitcoin blockchain. The Bitcoin Legal Defense Fund said:“For years, prominent contributors to the Bitcoin community have been the subject of abusive lawsuits […] These lawsuits are frivolous, but effective. Many developers have decided it’s not worth the time, stress, money, and legal risk to continue working on Bitcoin.”


Wright filed United States copyright registration for the Bitcoin white paper and the code within it in 2019. He currently has an active suit in the United Kingdom over rights to the white paper.


The Bitcoin whitepaper is now subject to an MIT open-source license, allowing anyone to reuse and modify the code for any purpose. A court injunction would prevent Wright from further more copyright claims on it.


Magazine: All rise for the robot judge: AI and blockchain could transform the courtroom# Bitcoin# Copyrights# Craig Wright# Coding# White Paper# RegulationAdd reactionAdd reaction

News Feed

Rakesh Upadhyay6 hours agoPrice analysis 11/24: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAXBitcoin has risen above $38,000, clearing the path for a rally higher. Will altcoins follow?2358 Total views5 Total share
Ethereum Is The New Bitcoin, Expert Predicts: Best Crypto to Buy Now?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022
Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022 Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 202
US judge approves Terraform’s $4.5B settlement with SEC
Jesse Coghlan1 hour agoUS judge approves Terraform’s $4.5B settlement with SECA New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC.451 Total view
As Gold Prices Soar, Two Gold-Backed Tokens See Increased Demand Fetching Premiums
As Gold Prices Soar, Two Gold-Backed Tokens See Increased Demand Fetching PremiumsThe last few months have bolstered the price of the precious metal gold as governments worldwide ha
Savannah Fortis13 hours agoBitcoin sails the seas: Sailor paints giant ‘B’ on boat to promote crypto across the wavesA captain from Brussels took his passion for sailing and Bitcoin and set sail on his Sato Boat pain
Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse
Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse Microsoft, the software behemoth, announced today it had completed a deal to acquire Activis
Solana Price Will Complete 1,800% Surge To $4,000 With This Formation: Analyst
Este artículo también está disponible en español. Recent market price action in the past 48 hours has brought up bullish talksfor cryptocurrencies, with assets like Solan
IMCoin (IMC) Flies High
IMCoin (IMC) Flies High PRESS RELEASE. IMCoin, known as the first Hybridcoin, closes a week with a record price increase in its history reaching a value of 1.83
Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000 After Falling Below Key Price Ceiling
Bitcoin, Ethereum Technical Analysis: BTC Drops Under $24,000 After Falling Below Key Price Ceiling Bitcoin fell below $24,000 in today’s session, as prices collided with a
Elon Musk’s X could face $200M EU fines over alleged DSA violations: Law Decoded
Josh O"Sullivan4 hours agoElon Musk’s X could face $200M EU fines over alleged DSA violations: Law DecodedElon Musk’s social media platform, X, is under scrutiny for alleged DSA violations, with potential fines reach
Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push
Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laund