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

Craig Wright sentenced to suspended sentence for court order violation

user avatar

by Giorgi Kostiuk

a year ago


Dr. Craig Wright, who claims to be the creator of Bitcoin, has been sentenced to a year in prison, suspended for two years, by a UK court for contempt of court. The sentence will only be enacted if Wright disobeys court orders within this period.

Controversial Lawsuit and Court Ruling

Wright's legal troubles began with an ambitious lawsuit targeting cryptocurrency developers, demanding £900 billion in damages. The primary defendants included Bitcoin Core developers and Square Europe Limited, a subsidiary of Jack Dorsey's Block. The London High Court dismissed this lawsuit in November. The Crypto Open Patent Alliance (COPA) then requested Wright be found in contempt for violating a court order prohibiting him from claiming to be the pseudonymous Bitcoin creator, Satoshi Nakamoto.

Wright's Continued Defiance and Legal Setbacks

Despite the court's ruling, Wright proceeded to file another lawsuit in October, asserting intellectual property rights over Bitcoin and once again claiming he is Nakamoto. COPA called for penalties against Wright for contempt. Judge Mellor ruled that Wright's actions aimed to cause extensive distress to the defendants, noting his claims were based on lies and forgeries intended to mislead.

Wright's Persistent Claims of Being Nakamoto

Over the years, Wright has proclaimed himself to be Satoshi Nakamoto, despite overwhelming evidence to the contrary. Court rulings, including one from a UK court in March 2021, have consistently rejected his claims, stating that Wright is not the creator of Bitcoin.

Despite the ongoing legal defeats and setbacks, Craig Wright continues to assert his narrative of being the Bitcoin creator, while the court views his claims as manipulative attempts to mislead.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Rhode Island's Bitcoin Tax Bill Sparks Positive Community Response

chest

The proposed Rhode Island Bitcoin tax bill has received a generally positive response from the local cryptocurrency community, with discussions on its implications for financial inclusion.

user avatarJesper Sørensen

CoinCodex Forecasts Continued Silver Strength

chest

CoinCodex projects sustained strength in silver prices over the near and medium term, indicating a shift towards a steeper advance.

user avatarLucas Weissmann

Rhode Island Bitcoin Tax Bill Proposes Clear Exemption Thresholds

chest

The Rhode Island Bitcoin tax bill proposes clear thresholds for tax exemption on Bitcoin transactions, allowing up to $5,000 per month tax-free, with an annual cap of $20,000.

user avatarRajesh Kumar

Noise Prediction Market Raises $71M to Transform Cultural Value Measurement

chest

Noise, a social trend prediction platform, has raised $71 million in a funding round led by Paradigm to enhance its platform and launch on the Base blockchain.

user avatarFilippo Romano

Noise Revolutionizes Cultural Value Measurement with Prediction Market

chest

Noise is set to transform the way cultural value is measured by applying financial market principles to social phenomena.

user avatarEmily Carter

Pepeto Launches Presale at $0.0000000177, Aiming to Capture Altcoin Rotation

chest

Pepeto is launching its presale at a low entry cost of $0.0000000177 per token, aiming to attract early investors before exchange listings.

user avatarTomas Novak

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.