Bitcoin: Australian is not Bitcoin inventor Satoshi Nakamoto

An Australian computer expert has lost a lawsuit over his official recognition as the mysterious inventor of the cyber currency Bitcoin. Craig Wright was not the author of the 2008 paper published under the pseudonym Satoshi Nakamoto, a British court ruled. The paper describes the technology behind the cryptocurrency. The detailed reasons for the judgment will be submitted at a later date.

All attempts to unmask the inventor of Bitcoin had failed for years. It was also not clear whether there was one or more people behind the pseudonym. Then Wright went public on his own initiative in 2016. In interviews with the BBC, GQ and the Economist , he claimed to be behind the pseudonym Satoshi Nakamoto. Media research had already pointed to Wright in advance. Still, the question remained as to whether Craig was a mastermind or a braggart.

The Crypto Open Patent Alliance (Copa) also wanted to seek clarification through legal channels. She is committed to the use and further development of cryptocurrency technologies. Their goal was to prevent Wright from further lawsuits against Bitcoin developers. The Australian had brought a whole series of lawsuits against representatives from the Bitcoin community and accused them of patent infringements.

Copa accuses Wright of falsifying documents to supposedly prove his claims, which he denies. “Based on his dishonest claim to be Satoshi, he has asserted hundreds of billions of dollars in claims, including against numerous private individuals,” said Copa attorney Jonathan Hough.

An Australian computer expert has lost a lawsuit over his official recognition as the mysterious inventor of the cyber currency Bitcoin. Craig Wright was not the author of the 2008 paper published under the pseudonym Satoshi Nakamoto, a British court ruled. The paper describes the technology behind the cryptocurrency. The detailed reasons for the judgment will be submitted at a later date.

All attempts to unmask the inventor of Bitcoin had failed for years. It was also not clear whether there was one or more people behind the pseudonym. Then Wright went public on his own initiative in 2016. In interviews with the BBC, GQ and the Economist , he claimed to be behind the pseudonym Satoshi Nakamoto. Media research had already pointed to Wright in advance. Still, the question remained as to whether Craig was a mastermind or a braggart.

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Published on March 14, 2024 17:08
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