Craig Wright Forced To Publicly Declare His Satoshi Claim Is a Hoax

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As a seasoned financial analyst with extensive experience in the cryptocurrency industry, I find Craig Wright’s recent court ruling and subsequent public declaration of not being Satoshi Nakamoto to be a significant development. The legal proceedings against him have shed new light on the long-standing controversy surrounding the true identity of Bitcoin’s creator.

Craig Wright, who has long proclaimed himself to be the elusive figure behind the creation of Bitcoin, Satoshi Nakamoto, has been compelled to make a public admission that he is not, in fact, the person he’s claimed to be for years.

Public Notice on Wright’s Website

On May 20, 2024, the English High Court ruled that Wright’s assertions of being the renowned Bitcoin creator Satoshi Nakamoto were deemed misleading.

In their ruling, the court pointed out that Craig Wright deceitfully lied multiple times and even fabricated documents to facilitate the sale of his fabrications. This egregious action constituted a more heinous offense: an misuse of the judicial procedures in the US, UK, and Norway.

Based on available information, it appears that the founder of Bitcoin SV is under investigation for potential perjury offenses in the United Kingdom. A judge at the High Court of London, James Mellor, has reportedly forwarded the case to British prosecutors due to what they deemed as extensive and recurring falsehoods regarding Wright’s claim to be Satoshi Nakamoto.

To date, the court has determined that Craig Wright did not write the Bitcoin whitepaper contrary to his assertions. Furthermore, it has been proven that he does not hold the copyright for the Bitcoin whitepaper. Consequently, Wright was instructed by the court to publicly declare that he is neither Bitcoin’s creator nor the writer of the Bitcoin whitepaper. This declaration can be found on his website and will remain there for several months.

Loving Craig’s website right now.

And it stays like this for 3 months.

— hodlonaut 80 IQ 10%er (@hodlonaut) July 16, 2024

More Enforcement Actions on Craig Wright

Mellor, the presiding UK judge, holds the view that a simple notice on Wright’s website isn’t enough based on his extensive history of using platforms like Twitter and Slack for engagement with his audience. Therefore, the public declaration must be prominently displayed on both Wright’s website and social media accounts for a period of six months. However, this requirement only applies to his Slack channels for a duration of three months.

I’ve been closely following the intriguing world of cryptocurrencies and their related legal battles for quite some time now. Recently, I was taken aback by the latest development in the long-standing dispute between Craig Wright and Peter McCormack.

Significantly, Wright made efforts to resolve some of his lawsuits externally in January, aiming to prevent escalating legal expenses.

 

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2024-07-16 23:10