Security News > 2024 > July > Craig Wright admits he isn't the inventor of Bitcoin after High Court judgment in UK

Craig Wright admits he isn't the inventor of Bitcoin after High Court judgment in UK
2024-07-17 07:33

Australian Craig Wright has finally admitted he is not the inventor of Bitcoin after losing several cases in the High Court of England and Wales, whose judge has suggested he be investigated for perjury.

Wright has for years claimed to be Satoshi Nakamoto - the pseudonym used by whoever wrote the whitepaper that defined Bitcoin and created the reference architecture for the cryptocurrency.

COPA demurred, and the matter went to court in the UK, where the lobby group sought to prevent Wright from claiming to be the true brains behind Bitcoin.

The cases were bundled into a single High Court matter known as COPA v Wright Identity Issue Trial whose judgment saw Mr Justice James Mellor find that Wright "Lied to the court repeatedly and extensively" and that his proof of being Satoshi Nakamoto was "Forged on a grand scale." This was a reconfirmation of Mellor's previous rulings in March and May that Wright was not the inventor of Bitcoin.

The judge did deny a COPA demand that Wright place an ad in venerable UK newspaper The Times about his defeat in court.

Perhaps the worst part of the ruling for Wright is that Mr Justice Mellor has recommended the UK's Crown Prosecution Service act against Wright for forging documents and perjury - offenses that could see him fined, or even jailed, if convicted.


News URL

https://go.theregister.com/feed/www.theregister.com/2024/07/17/craig_wright_isnt_bitcoins_satoshi_nakamoto/

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