Court Releases Final Ruling in Craig Wright Lawsuit By U.Today

From Investing.com: 2024-05-20 12:30:23

In a recent update on the legal battle between Craig Wright and the Crypto Open Patent Alliance, Judge Mellor revealed that Wright is not Satoshi Nakamoto. The court dismissed Wright’s claims as fabricated and unreliable, debunking his assertion to Bitcoin ownership and reinforcing the mystery surrounding Satoshi’s true identity.

COPA, a group of leading cryptocurrency companies, accused Wright of document forgery to support his claims of being Satoshi. On March 14, 2024, the court ruled against Wright, stating that he is not the author of the Bitcoin White Paper, the creator of Bitcoin, or the individual behind the pseudonym Satoshi Nakamoto.

In a written judgment delivered on May 20, Judge Mellor reaffirmed that Wright is not the figure behind Bitcoin’s creation or development. This ruling has significant implications for the crypto industry, highlighting the decentralized nature of Bitcoin and dispelling Wright’s claims, leaving the mystery of Satoshi Nakamoto’s true identity unsolved.

As the legal dispute settles, the crypto community continues to speculate on the identity of Bitcoin’s creator. Despite numerous claims and controversies, the anonymity of Satoshi Nakamoto remains intact, preserving the principle of a decentralized currency beyond the control of any single individual or entity.

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