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The case of Craig Wright, who claims to be the creator of Bitcoin, has concluded.

The case of Craig Wright, who claims to be the creator of Bitcoin, has concluded.

20.12.2024 13:11

One of the biggest debates in the world of cryptocurrency has come to an end with a court ruling. The claim made by Craig Wright, who asserts that he is the creator of Bitcoin (BTC), Satoshi Nakamoto, was rejected by a British court. The Australian computer scientist was sentenced to 12 months in prison for contempt of court, and his sentence was deferred for two years.

The lawsuit filed by the Crypto Open Patent Alliance (COPA) has resolved Wright's copyright claims over the Bitcoin whitepaper and database. Key figures in the cryptocurrency world, including Adam Back, the pioneer of Bitcoin's proof-of-work consensus system, testified at the hearing.

The Mystery of Satoshi Nakamoto Continues

In the case that concluded in March, the British court ruled that Wright is not Satoshi Nakamoto. Wright's claim for £900 billion in intellectual property ended with a contempt of court charge.

Wright, who participated in the court via video link, avoided disclosing his physical location. Nevertheless, he announced that he would appeal the decision.

This ruling, which is a significant turning point for the cryptocurrency sector, indicates that discussions about the true identity of Bitcoin's creator will continue. According to data from blockchain analysis firm Arkham, Satoshi Nakamoto is estimated to have assets of up to 1.1 million Bitcoins.

Market experts state that the outcome of the case did not have a significant impact on the value of Bitcoin.



 
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