UK Court Decides: Craig Wright Not Bitcoin Founder

UK Court Decides: Craig Wright Not Bitcoin Founder

LegalLaw

By Jakub Lazurek

15 Mar 2024

2 min read

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UK High Court rules Craig Wright is not the creator of Bitcoin, ending years of controversy

In a landmark decision by the UK's High Court, Judge James Mellor declared Craig Wright, an Australian computer scientist, did not prove he is Bitcoin's creator, Satoshi Nakamoto.

This verdict followed a lawsuit by the Crypto Open Patent Alliance (COPA), aimed at stopping Wright from making legal claims over Bitcoin's technology.

COPA accused Wright of fabricating his life story and using fake documents to support his claim.

After hearing the final arguments on March 12, Judge Mellor found overwhelming evidence against Wright, leading to a swift conclusion in the trial, as reported by BitMEX Research on March 14.

The ruling resonated within the cryptocurrency community, with Michael Saylor, a major Bitcoin investor and chairman of MicroStrategy, highlighting the court's decision on social media, confirming Wright is not Satoshi.

Craig Wright, who once led Hotwire Preemptive Intelligence Group, aimed at launching a Bitcoin bank but faced regulatory issues. He has been in several controversies, including a copyright dispute with Apple and a libel case in London against Peter McCormack.

Wright's claim to be Nakamoto has led to public disagreements, even with Ethereum's founder, Vitalik Buterin.

This verdict is a critical moment in the ongoing discussion about the real identity of Satoshi Nakamoto. It emphasizes the need for concrete evidence in claims about Bitcoin's origins and sets a precedent in the cryptocurrency world.

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