Bitcoin.org, a non-profit website with BTC development tools and knowledge materials, is forced to remove the Bitcoin whitepaper by court order.
As reported by CoinCu, Craig Wright – a long-controversial figure in the crypto community who claimed to be “Bitcoin inventor” Satoshi Nakamoto, filed a lawsuit against Bitcoin.org and Bitcoincore.org in January 2021 on both websites, remove the bitcoin whitepaper that was hosted on them for “piracy”.
While Bitcoincore.org quickly complied with Wright’s request, Cobra, the anonymous administrator of Bitcoin.org, then declared “zero tolerance” while challenging the self-proclaimed creator.
The crypto community at the time also expressed its support for Cobra as they all thought Craig Wright was not Satoshi Nakamoto. The reason for this is that Satoshi voluntarily left the project and put it completely in the hands of the community. There is no reason he would come out and claim ownership of BTC after the price increase. Not to mention, Craig Wright has not provided convincing evidence that he is Satoshi Nakamoto from 2014 to date.
But that’s not all, the crypto community organized a movement to upload the Bitcoin whitepaper to their website, attended by big names such as Twitter CEO Jack Dorsey’s Square, Diems Novi crypto wallet (Facebook), Casa wallet, NYDIG -Investment organization … even CoinCu.
Ethereum founder Vitalik Buterin, who is part of a group that has known Bitcoin since its inception, once commented that he personally does not consider Craig Wright to be the real Satoshi Nakamoto:
If I see indisputable evidence that CSW is Satoshi, it would change my opinion of Satoshi more than my opinion of CSW.
– vitalik.eth (@VitalikButerin) August 25, 2018
“When I see irrefutable evidence that Craig Wright is Satoshi, it will change the image of Satoshi in me more than the image of Craig Wright.”
Back to the main story, today (June 28th) is the day of the lawsuit between Craig Wright and Bitcoin.org. However, since the Defendant Cobra did not appear in court, the Court of London (UK) ruled in default in favor of Craig Wright.
This means that Bitcoin.org is not allowed to publish the Bitcoin whitepaper on the website within the UK, and must at the same time post a notice on the website publicly announcing the judgment of the court. In addition, Cobra has to pay litigation costs of £ 35,000 (approximately $ 48,000).
Immediately after the statement was released, the value of Bitcoin SV (BSV), the bitcoin fork backed by Craig Wright, rose 23% from $ 130 to $ 163.
Interesting news about Bitcoin SV is that Binance removed this coin from the list in 2019, with the reason that CEO Changpeng Zhao disagreed with Craig Wright’s handling of the problem he referred to as Satoshi Nakamoto. This is also one of the rare times CZ expresses its anger at a specific crypto project.
On the CoinMarketCap ranking, BSV is currently the 29th largest cryptocurrency in the world with a market capitalization of $ 3.3 billion. This coin hit a new record high of $ 491 in mid-April 2021.
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