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BlockNews
Home CRYPTO

Judge Confirms Craig Wright is Not Satoshi and Here is How

Conie by Conie
March 14, 2024
in CRYPTO, FEATURED
Reading Time: 3 mins read
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  • COPA filed a lawsuit against Craig Wright to get a legal ruling that he is not Satoshi Nakamoto and does not own Bitcoin’s IP.
  • The judge definitively ruled that Wright did not provide credible evidence proving he is Satoshi Nakamoto.
  • This ruling prevents Wright from asserting copyright claims over the Bitcoin whitepaper and code, protecting Bitcoin as an open-source project.

Craig Wright claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. However, in a recent court ruling, the judge determined that Wright is not Satoshi and did not author the Bitcoin whitepaper. This case was brought by COPA, who took Wright to court to prevent him from suing developers and claiming intellectual property rights over Bitcoin’s technology.

The Court’s Ruling

After reviewing extensive evidence and testimony, the judge definitively ruled that Craig Wright is not Satoshi Nakamoto. The judge stated that Wright “has not met his burden to prove by a preponderance of the evidence” that he is Satoshi. This ruling prevents Wright from asserting copyright claims over the Bitcoin whitepaper and original code.

COPA’s Lawsuit Against Wright

The Crypto Open Patent Alliance (COPA) filed a lawsuit seeking declaratory judgment against Craig Wright to protect the Bitcoin community. COPA argued that Wright was falsely claiming to be Satoshi to assert intellectual property rights over Bitcoin and sue developers.

By taking Wright to court, COPA aimed to have a legal ruling that Wright is not Satoshi. This would prevent him from pursuing litigation against those contributing to Bitcoin technology. The judge’s ruling delivered the outcome COPA was seeking.

Wright’s Lack of Evidence

A key factor in the judge’s ruling was that Wright did not provide credible evidence proving he is Satoshi Nakamoto. The judge stated that Wright’s testimony was “evasive and inconsistent” and that there were gaps in the documentation he provided.

Additionally, cryptographic experts who analyzed Wright’s documents detailing the early days of Bitcoin testified that they were forged. The judge found these experts to be credible, further undermining Wright’s claims.

ICYMI: Judge concludes that Craig Wright is NOT the founder of #Bitcoin pic.twitter.com/UzBOLTd4w9

— BlockNews.com (@blocknewsdotcom) March 14, 2024

Implications for the Bitcoin Community

This ruling has major implications for the Bitcoin community. Developers and members of the crypto industry will no longer face the threat of legal action from Craig Wright claiming to own Bitcoin’s IP.

The judge’s ruling also affirms Satoshi Nakamoto’s identity remains unknown. While this creates uncertainty around the origins of Bitcoin, it protects the network as an open-source project.

Overall, the court’s judgment that Wright is not Satoshi is a victory for COPA and the broader goals of keeping Bitcoin’s technology free from claims of ownership. This ruling should enable innovation in the crypto space to continue unimpeded.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoinCOPACraig Wrightcrypto
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Conie

Conie

Conie is a Web3 enthusiast, an experienced creative writer, and a passionate gamer. With her ability to fuse innovation with imagination, she brings a distinctive perspective to each piece she writes, delving into the ever-changing territories of the digital world, storytelling, and virtual adventures.

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