A UK High Court judge ruled that Craig Wright violated a court order by filing a $1.15 trillion lawsuit against Bitcoin developers and Square, based on his false claim to be Satoshi Nakamoto.
At a hearing Thursday in the UK High Court, Justice James Edward Mellor ruled that Wright—in bringing a $1.15 trillion lawsuit in October against Bitcoin developers and payments firm Square—had violated an earlier court order. The order required that Wright refrain from claiming publicly to be Satoshi Nakamoto , the creator of Bitcoin , and taking legal action on that basis, among other things. Craig Wright could not be reached for comment.
At the hearing, he is reported to have said he will appeal the contempt finding. The contempt of court issue was raised by the Crypto Open Patent Alliance (COPA), a nonprofit consortium of crypto firms, which in February took Wright to trial in the hope of securing a formal declaration that he is not Satoshi. The aim was to prevent Wright from carrying forward multiple separate lawsuits against Bitcoin developers and other parties, through which he was trying to assert intellectual property rights over Bitcoin—and to ward off any future lawfare. On March 14, the final day of the six-week trial, Mellor delivered a rare snap verdict: “The evidence is overwhelming,” he told the courtroom. “Dr. Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto.” “It is clear that Dr. Wright engaged in the deliberate production of false documents to support false claims and use the Courts as a vehicle for fraud,” wrote Mellor in his judgment. “I am entirely satisfied that Dr. Wright lied to the Court extensively and repeatedly. All his lies and forged documents were in support of his biggest lie: his claim to be Satoshi Nakamoto.” At a hearing in July, in addition to imposing the various injunctions upon Wright, Mellor directed the Crown Prosecution Service (CPS), the body responsible for prosecuting criminal cases in the UK, to consider bringing criminal charges against Wright for his “wholesale perjury.” (The CPS has not yet charged Wright with perjur
Craig Wright Bitcoin Satoshi Nakamoto Lawsuit Contempt Of Court
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dr. Craig Wright Faces Contempt of Court Charges for Bitcoin ClaimDr. Craig Wright, a prominent figure in the Bitcoin world, is facing contempt of court charges for allegedly issuing a claim worth over 900 billion pounds ($1.1 trillion) related to Bitcoin. This claim, according to the Crypto Open Patent Alliance (Copa), constitutes a violation of a previous court order.
Read more »
Court Finds Craig Wright in Contempt for Lying About Being Bitcoin CreatorA UK High Court judge ruled that Craig Wright, who has long claimed to be Bitcoin's creator Satoshi Nakamoto, has violated a court order by continuing to make that claim and pursuing lawsuits based on it. The judge also directed authorities to consider criminal charges against Wright for perjury.
Read more »
Craig Wright Found in Contempt of Court for Bitcoin ClaimA London court found Craig Wright guilty of contempt of court for repeatedly lying and forging documents to support his false claim of being Bitcoin's creator, Satoshi Nakamoto.
Read more »
Craig Wright Claimed to Have Invented Bitcoin, Found in Contempt of CourtCraig Wright, an Australian computer scientist, has falsely claimed to be Bitcoin's creator, 'Satoshi Nakamoto' for years.
Read more »
HBO Bitcoin Documentary Proposes Bizarre Theory, as Craig Wright Loses Court BattleAn HBO documentary, 'Money Electric: the Bitcoin Mystery,' has generated controversy by suggesting a young cryptographer, Peter Todd, as the creator of Bitcoin. Meanwhile, self-proclaimed Satoshi, Craig Wright, faced a significant setback in a U.K. court.
Read more »
Bitcoin Safe From Quantum Computers, Says Craig WrightSelf-proclaimed Satoshi Nakamoto slams Google's quantum threat to Bitcoin as fiction
Read more »