From Nasdaq:

The trial to determine if Craig Wright is truly Satoshi Nakamoto, the creator of Bitcoin, is concluding soon, with both sides presenting closing statements. The decision by Justice James Mellor could impact other ongoing cases, including Wright’s lawsuits against exchanges like Coinbase and Kraken. COPA is seeking to prove Wright’s claims are false.

COPA, supported by industry leaders like Jack Dorsey and Coinbase, filed a lawsuit against Wright, alleging he forged evidence and lacks the expertise to create Bitcoin. If Wright loses and is found not to be Nakamoto, COPA will seek injunctive relief to prevent him from making further claims and litigating against developers in the future.

Justice Mellor has suspended other cases involving Wright, awaiting the outcome of the identity trial. If Wright is determined to be Nakamoto, the case will enter a second phase involving MIT’s open-source license and the rights to publish the Bitcoin whitepaper. The decision on Wright’s identity is expected soon, followed by determinations on costs and remedies.

Should Wright be deemed Nakamoto, COPA will pursue remedies to prevent him from claiming authorship and suing based on this false identity. The trial’s implications and potential outcomes remain pivotal to the ongoing legal battles involving Wright and the cryptocurrency industry.



Read more at Nasdaq: COPA vs Wright: What’s at Stake as the Trial to Determine Satoshi’s Identity Wraps Up