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

Craig Wright: Imprisonment for False Bitcoin Creation Claims

user avatar

by Giorgi Kostiuk

3 months ago


Dr. Craig Wright, the self-proclaimed creator of Bitcoin, has been sentenced to one year in prison by a UK court for contempt of court. The sentence has been suspended for two years, so Wright will only be sent to prison if he violates court orders during this time.

Controversial Lawsuit

Wright's legal journey began with an ambitious lawsuit filed against cryptocurrency developers, seeking £900 billion ($1 trillion) in damages. The lawsuit mainly targeted Bitcoin Core developers, including Square Europe Limited, a subsidiary of Jack Dorsey’s Block.

Defiance and Legal Setbacks

Despite court rulings, Wright remained undeterred. In October, he filed a new lawsuit, again claiming intellectual property rights over Bitcoin and pursuing over £900 billion in damages. Judge Mellor highlighted Wright's actions as causing maximum distress to defendants.

Persistent Claims of Being Nakamoto

For years, Wright has claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Despite significant evidence against him, Wright continues his attempts to link himself to Bitcoin's intellectual property.

Despite the court's decisions against him and public skepticism, Wright persists in claiming to be the creator of Bitcoin. However, the courts continue to dismiss his arguments as unfounded and misleading.

0

Share

Other news

Chinese Tech Giants Place $16 Billion Order for Nvidia Chips

ByteDance, Alibaba, and Tencent ordered Nvidia H20 chips worth $16 billion for AI programs.

user avatarGiorgi Kostiuk

6 minutes ago

Enhancing NFTs: Jupiter Exchange Acquires Drip to Strengthen Community

Jupiter Exchange acquires Drip to integrate NFTs and strengthen community, supporting decentralized finance development.

user avatarGiorgi Kostiuk

6 minutes ago

Fidelity and Grayscale Unveil Crypto Innovations for Long-Term Investors

Fidelity and Grayscale announce new cryptocurrency products aimed at long-term investors.

user avatarGiorgi Kostiuk

7 minutes ago

US Recession Risks: Crypto Market Under Threat

Analysis of US recession risks and their impact on the cryptocurrency market.

user avatarGiorgi Kostiuk

7 minutes ago

SUI Price Stands Firm at Key Support: Trend Reversal Ahead?

SUI price remains above $2.10–$2.20 support zone despite the token unlock, signaling a possible trend reversal above $2.52.

user avatarGiorgi Kostiuk

7 minutes ago

Cryptocurrency Breakout Signals: Bitcoin and Solana Rise as New Player MAGACOINFINANCE Gains Momentum

Crypto market heats up, Bitcoin and Solana rise, while MAGACOINFINANCE attracts attention as a new asset with breakout potential.

user avatarGiorgi Kostiuk

8 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.