Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
In a new update to the legal battle between self-proclaimed Satoshi Craig Wright and the Crypto Open Patent Alliance (COPA), a coalition of prominent cryptocurrency companies, the ruling Judge Mellor has delivered his written judgment that Craig Wright is not Satoshi.
Over the years, Wright has boldly claimed that he is the mastermind behind Bitcoin. This claim has been met with skepticism and controversy, leading to a legal battle with the Crypto Open Patent Alliance (COPA), a consortium of leading cryptocurrency firms. COPA's lawsuit, initiated in 2023, accused Wright of extensive document forgery to bolster his claims.
The climax of the legal saga came on March 14, 2024, when the court dismissed Wright's assertions as unfounded. The judge criticized Wright's evidence as unreliable and his narrative as fabricated, ultimately rejecting his claim to Bitcoin as intellectual property. The ruling not only discredits Wright's narrative but also reinforces the mysterious aura surrounding the true identity of Satoshi Nakamoto.
Now the court has published an approved judgement in this regard. According to a written judgment delivered on May 20, Judge Mellor announced the result of the Satoshi Identity Issue given the conclusion of closing submissions.
The declaration follows: "First, that Dr Wright is not the author of the Bitcoin White Paper. Second, Dr Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period between 2008 and 2011. Third, Dr Wright is not the person who created the Bitcoin system. Fourth, Dr Wright is not the author of the initial versions of the Bitcoin Software."
Tomiwabold OlajideThe implications of this ruling, which has now been penned down, are profound for the cryptocurrency industry. It reaffirms the decentralized and leaderless ethos of Bitcoin, ensuring that no single individual can lay claim to its origins. Moreover, it puts to rest one of the most contentious and publicized claims to the Satoshi Nakamoto pseudonym.
As the dust settles on this legal dispute, the crypto community is left to ponder the enduring mystery of Bitcoin creator Satoshi Nakamoto's identity. While many have claimed or been linked to the name, the anonymity of Bitcoin's creator remains intact, preserving the foundational principle of a currency free from the control of any one person or entity.
Arman Shirinyan
Dan Burgin
Alex Dovbnya
Vladislav Sopov