• 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

Redefining the Emergency Fund Standard

chest

Redefining the Emergency Fund Standard

user avatarEmily Carter

The Importance of Speed in Financial Defense

chest

The Importance of Speed in Financial Defense

user avatarKaterina Papadopoulou

US Investors Pull Back from AI Stocks After Oracle's Earnings Report

chest

US investors are retreating from AI-related tech stocks after Oracle's disappointing earnings report, raising concerns about the monetization of AI investments.

user avatarMaya Lundqvist

The Importance of a Balanced Investment Strategy in 2026

chest

In 2026, investors are encouraged to adopt a balanced investment strategy that combines both Growth and Value stocks to mitigate risks and enhance returns.

user avatarLeo van der Veen

Market Watch: BRETT and Official Trump Coin Prices Show Potential

chest

Traders are monitoring the prices of BRETT and Official Trump Coin, with potential for short-term gains based on market fluctuations.

user avatarKenji Takahashi

Broadcom Exceeds Q4 Expectations Driven by AI Chip Demand

chest

Broadcom reported stronger-than-expected fourth-quarter results, attributing the success to rising demand for AI chips.

user avatarLi Weicheng

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.