• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Craig Wright Given Suspended Sentence for Violating Court Orders

user avatar

by Giorgi Kostiuk

3 months ago


Craig Wright, who claims to be the creator of Bitcoin, has received a suspended sentence for contempt of court in the UK. Despite legal setbacks, he continues to assert that he is Satoshi Nakamoto.

Court Case and Ruling

Wright was sentenced to one year in prison, suspended for two years, for refusing to comply with court orders and disrespecting the court. Additionally, he was ordered to pay £145,000 in costs. The legal proceedings began with a lawsuit against cryptocurrency developers, demanding £900 billion in damages. The High Court in London dismissed the claim, enforcing a previous ruling against Wright's assertions.

Continued Legal Proceedings

Despite the court's ruling, Wright filed a new lawsuit in October, reiterating his intellectual property claims over Bitcoin. This blatant defiance prompted a renewed complaint from the Crypto Open Patent Alliance (COPA), leading to further legal scrutiny.

Claims of Bitcoin Creation

Wright has long claimed to be the creator of Bitcoin under the pseudonym Satoshi Nakamoto. In 2021, a UK court ruled that Wright was not the creator of Bitcoin, a decision he later acknowledged on his website. Nevertheless, Wright continues to argue that judgments against him are biased.

While Wright faces legal setbacks and community skepticism, he continues to fight for recognition of his claims. However, the court sees his assertions as unsubstantiated and misleading.

0

Share

Other news

Why Qubetics Leads the Crypto Presale Race

Crypto project Qubetics draws attention in presales with high investment and innovative tech. Learn what sets it apart in the crypto world.

user avatarGiorgi Kostiuk

5 minutes ago

Pi Coin: Price Drop and Community Reaction

Pi Coin drops to $0.70 due to token unlocks and low trading volume, raising community concerns.

user avatarGiorgi Kostiuk

5 minutes ago

Dogecoin: Will the Price Exceed $0.25 or Drop to $0.12?

Dogecoin community worried by market instability and declining investor confidence; key support and resistance levels at $0.18 and $0.25.

user avatarGiorgi Kostiuk

5 minutes ago

Crypto Market: Bitcoin's Growth and Altcoin Value Changes

Explore today's crypto market landscape with Bitcoin's rise and altcoin shifts amidst ongoing instability.

user avatarGiorgi Kostiuk

5 minutes ago

Calming the Kaspa Community: Analyzing the MEXC Situation

Kaspa withdrawal issues on MEXC: technical reasons and community response

user avatarGiorgi Kostiuk

6 minutes ago

Ethereum: Blob Fees Revenue Plunge Raises Concerns

Ethereum experiences a 95% cut in blob fees revenue, indicating economic challenges for the network post-Dencun upgrade.

user avatarGiorgi Kostiuk

6 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.