Fun

Judge rules Craig Wright is not Satoshi Nakamoto: Report

News Feed - 2024-03-14 10:03:22

Zoltan Vardai10 hours agoJudge rules Craig Wright is not Satoshi Nakamoto: ReportWright is not the pseudonymous founder of the Bitcoin network, a judge ruled on March 14.7261 Total views40 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksCraig Wright is not Satoshi Nakamoto, the pseudonymous creator of the Bitcoin network, according to Judge James Mellor"s ruling in the United Kingdom on March 14, reported BitMEX Research. 


Closing arguments began in London on March 12 in the lawsuit brought by the Crypto Open Patent Alliance (COPA) lawsuit against Wright, an Australian computer scientist who claimed to be Nakamoto since 2016.


COPA was seeking injunctive relief to prevent Wright from further claiming to be Nakamoto. Wright has been accused of massive document forgery for supporting his claim of being the pseudonymous Bitcoin founder. 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.”


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


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


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. 


In 2023, the 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.


In response to the lawsuit, 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.


The Bitcoin white paper 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 copyright claims on it.


Related:Bitcoin halving not priced in to ‘full extent’ — D8X founder# Bitcoin# Satoshi Nakamoto# Court# Craig WrightAdd reactionAdd reactionRead moreBitcoin mining difficulty reaches new historical high as halving loomsBitcoin price slips 3% as US macro data compounds inflation problemBitcoin halving not priced in to ‘full extent’ — D8X founder

News Feed

Execs at crypto-friendly Evolve Bank leave amid regulatory crackdown: Report
Alex O’Donnell4 hours agoExecs at crypto-friendly Evolve Bank leave amid regulatory crackdown: ReportThe bank services several crypto-friendly financial technology companies.438 Total views5 Total sharesListen to artic
'Crypto King' Aiden Pleterski faces fraud, money laundering charges
Derek Andersen2 hours ago"Crypto King" Aiden Pleterski faces fraud, money laundering chargesPleterski and an associate were arrested months after multiple investor complaints and months of police investigation.406 Total
Rakesh Upadhyay7 hours agoPrice analysis 9/25: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, TON, SOLThe strength in the U.S. Dollar Index could keep Bitcoin and select altcoins under pressure in the near term.2272 Total view
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begin
Analyst Exposes Ethereum Ascending Support At $2,400 – Best Chance To Accumulate ETH?
Este artículo también está disponible en español. Ethereum is trading at $2,500, following a 9% pullback from recent highs after it failed to establish a higher high abov
Ray Salmond7 hours agoBitcoin’s bull move might not be over yet — Here are 3 reasons whyBitcoin options market positioning and BTC’s daily chart suggest another bull move could be in the making.3152 Total views7 To
Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem
Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem Shark Tank star Mark Cuban has come up with a way to solve Twitter’s spam problem using the meme c
Opera Browser Adds Bitcoin Payments to Android Update
The Opera web browser has added bitcoin e-commerce and TRON integration to its Android app, the company said. The enhanced crypto functionality will let Opera for android users make
Solana Price At $4,000? Cup And Handle Pattern Shows Why This Is Possible
Este artículo también está disponible en español. The Solana price is currently in a massive supply zoneafter recent declines in the past 48 hoursthat cut across the enti
Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon
Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon sponsored The Play-to-Earn NFT based Polker.Game‘s native token $PKR has been officially listed on t
Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading
Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading The Indian government has answered three sets of questions in parliament reg
Turner Wright8 hours agoUS House committee leadership threatens to subpoena SEC over FTX docsPatrick McHenry led efforts starting in February to obtain communication records between SEC and Justice Department staff over