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Craig Wright Is Not Bitcoin's Founder, UK Court Confirms

Key Takeaways

  • A UK court has ruled that Craig Wright is not Satoshi Nakamoto, rejecting his long-standing claim to the identity of Bitcoin's creator.
  • The COPA initiated the lawsuit to prevent Wright from asserting ownership over Bitcoin's open-source technology or pursuing lawsuits against developers and other crypto sector participants.
  • The decision is a victory for the crypto community, emphasizing the importance of maintaining Bitcoin's open-source nature and protecting it from unfounded legal challenges.
Craig Wright Is Not Bitcoin's Founder, UK Court Confirms

UK Judge James Mellor has determined that Craig Wright, an Australian computer scientist, cannot be recognized as the mysterious founder behind Bitcoin (BTC).

The case, which opened on February 5, saw its final arguments on March 12, firmly establishing Wright's claims of being Satoshi Nakamoto as unfounded in the eyes of the law.

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The lawsuit against Wright was filed by the Crypto Open Patent Alliance (COPA), a community founded in 2020 to foster the growth and innovation of crypto technologies by removing patents as a barrier. Its 33 members include notable entities like Coinbase, MicroStrategy, Block, and Kraken.

COPA had accused Wright of producing a vast array of falsified documents to support his claim of being Nakamoto, stating:

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 coalition initiated legal action to obtain a judgment preventing Wright from asserting ownership over Bitcoin's open-source technology or pursuing lawsuits against developers and other crypto sector participants.

The alliance's victory in court underscores the crypto industry's collective resolve to defend the open-source nature of Bitcoin's foundational technologies.

As the dust settles, the crypto community continues championing the ideals of openness and innovation, propelling the sector forward.

In other Bitcoin-related news, Canadian rapper Drake has turned to his Instagram story to spotlight the cryptocurrency through Michael Saylor's insights.

Aaron S. , Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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