• 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

Concerns Over AI Monopolies Echo Past Tech Failures

chest

Concerns about AI companies becoming too big to fail, drawing parallels to past tech monopolies and warning of risks to competition and innovation.

user avatarArif Mukhtar

The Urgent Need for Decentralized AI Alternatives

chest

Scott Stuart raises alarms about the urgent need for decentralized AI alternatives to prevent monopolization by centralized companies, highlighting the disparity in funding and the closing window for action.

user avatarLuis Flores

GM Announces Strong 2026 Outlook Amid EV Strategy Reevaluation

chest

General Motors has announced an ambitious outlook for 2026, projecting earnings per share between $11 and $13, aligning with analyst expectations. The company also approved a $6 billion stock buyback and a 20% increase in its quarterly dividend.

user avatarMaria Gutierrez

BNB Chain Completes 34th Quarterly Token Burn.

chest

On January 15, 2026, BNB Chain completed its first token burn of the year, successfully removing 1,371,803.77 BNB from circulation.

user avatarDavid Robinson

RTX Corporation Issues Positive Financial Outlook for 2026

chest

RTX Corporation issues a positive financial outlook for 2026, projecting adjusted sales between 920 billion and 930 billion, with an expected organic growth rate of 5 to 6.

user avatarAndrew Smith

EigenFlow Enhances Market Making with Advanced Mathematical Framework

chest

EigenFlow introduces a novel mathematical framework that optimizes market making across Kaspas parallel blocks, improving execution speed and reliability.

user avatarZainab Kamara

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.