News

COPA vs. Craig Wright Lawsuit Reaches Adverse Ruling For Fake Satoshi

Key Points:

  • UK High Court judge rules against Craig Wright, stating he extensively forged evidence in his claim to be Bitcoin’s creator, Satoshi Nakamoto.
  • The judgment in the COPA vs. Craig Wright lawsuit highlights Wright’s repeated lies and fabrications.
A UK High Court judge has decisively ruled against computer scientist Craig Wright in his ongoing bid to prove himself as Satoshi Nakamoto, the elusive creator of Bitcoin.

UK Judge Condemns Craig Wright’s Fabrication in Satoshi Nakamoto Claim

The judge, James Mellor, condemned Wright’s actions as “extensively and repeatedly,” preventing him from pursuing further lawsuits in the UK regarding his claim.

In a scathing 231-page judgment, Mellor accused Wright of repeatedly lying and committing forgery on a significant scale in his attempts to establish himself as Satoshi. This ruling stems from a civil trial brought by the Crypto Open Patent Alliance (COPA), which aimed to thwart Wright’s assertions of being Bitcoin’s inventor.

Deception Exposed in COPA vs. Craig Wright Lawsuit

Mellor’s judgment not only refuted Wright’s claims but also highlighted instances where Wright forged documents to support his narrative. In the COPA vs. Craig Wright lawsuit, the court deemed his explanations absurd and his evidence overwhelmingly fabricated.

Despite Wright’s elaborate attempts to justify the anomalies, Mellor’s swift verdict on March 14 dismissed Wright’s claims entirely. Paul Grewal, chief legal officer at Coinbase and a COPA member, emphasized the ruling’s decisive nature, illustrating the falsehoods in Wright’s assertions.

Following the judgment for the COPA vs. Craig Wright lawsuit, he abandoned several lawsuits related to his claim of being Bitcoin’s creator. While the ruling didn’t specify punitive measures, it indicated potential injunctive actions sought by the plaintiffs in subsequent hearings.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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