As a long-time crypto investor with a keen interest in the history and development of Bitcoin, I find myself constantly intrigued by the ongoing saga of Craig Wright, the self-proclaimed Satoshi Nakamoto. The latest chapter in this never-ending drama is his $1.18 billion lawsuit against Block, owned by Jack Dorsey, for which he has been accused of contempt of court by the Crypto Open Patent Alliance (COPA).
In a recent turn of events, Australian computer scientist and self-proclaimed inventor of Bitcoin, Craig Wright, has chosen to take legal action yet again. This time, he’s filed a multibillion-dollar lawsuit amounting to approximately $1.18 billion against Square Inc., a digital payments firm owned by Jack Dorsey.
The individual who falsely presents himself as Satoshi Nakamoto has been charged with contempt by the Crypto Open Patent Alliance (COPA), a group that previously presented strong proof this year showing he did not create Bitcoin.
“Faketoshi” Craig Wright Held in Contempt Again
On Friday, an Australian computer expert named Craig Wright, who claims to be Bitcoin’s inventor, was charged with court contempt. This allegation followed his filing of a $1.18 billion lawsuit against Square Inc., a corporation established by Twitter co-founder Jack Dorsey, in a British court.
Wright insists that he authored the original, 16 years old Bitcoin whitepaper, a work published under the pseudonym “Satoshi Nakamoto.” However, the court ruled that there was “overwhelming evidence” showing that Wright didn’t write the foundational 2008 document.
The Crypto Open Patent Alliance sued Craig Wright to prevent him from suing Bitcoin developers. Following a weeklong trial at London’s High Court, a judge ruled in May that Wright had lied “extensively and repeatedly.” The court also ruled Wright forged documents “on a grand scale.”
In July, the judge directed Wright to the British Crown Prosecution Service for evaluation if he should face perjury accusations. Additionally, the court prohibited Wright from starting any legal proceedings related to his assertion that he is Satoshi.
Denying the Document Forgery
Craig Wright is challenging a ruling made by the High Court. This ruling determined that he had falsified information and fabricated documents, claiming them as proof of his identity as the inventor of Bitcoin. At this point, it remains undecided if his appeal will be granted.
During his testimony in February, Mr. Wright asserted that he did not falsify the documents. Yet, during a court hearing on Friday, the lawyer for the COPA, Jonathan Hough, claimed that Wright violated the court’s order by filing a lawsuit against Square Up Europe Limited, a subsidiary of Block, earlier this month. At the hearing, Wright appeared via video link from Singapore and did not have legal representation.
Craig Wright maintains that he is not in breach of court rules regarding the Block case. He has hinted that if found guilty, he would modify his lawsuit to clarify it does not involve any claims about the ownership or creation of the system. The judge’s decision on this matter will be made at a hearing scheduled for December. Until then, Wright’s lawsuit against Block will remain active.
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2024-11-01 23:56