• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

Craig Wright Found in Contempt of Court Over Bitcoin Creation Claims

Simon Osuji by Simon Osuji
December 19, 2024
in Artificial Intelligence
0
Craig Wright Found in Contempt of Court Over Bitcoin Creation Claims
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Craig Wright, the computer scientist ruled to have lied “extensively and repeatedly” about being the inventor of Bitcoin, has been given a one-year prison sentence by a UK judge after being found in contempt of court. The sentence is suspended for two years, meaning that Wright will only face prison if he reoffends during that period.

At a hearing Thursday in the UK High Court, Justice James Edward Mellor ruled that Wright—in bringing a $1.15 trillion lawsuit in October against Bitcoin developers and payments firm Square—had violated an earlier court order. The order required that Wright refrain from claiming publicly to be Satoshi Nakamoto, the creator of Bitcoin, and taking legal action on that basis, among other things.

Representatives to Craig Wright did not respond immediately to a request for comment. At the hearing, he is reported to have said he will appeal the contempt finding.

The contempt of court issue was raised by the Crypto Open Patent Alliance (COPA), a nonprofit consortium of crypto firms, which in February took Wright to trial in the hope of securing a formal declaration that he is not Satoshi. The aim was to prevent Wright from carrying forward multiple separate lawsuits against Bitcoin developers and other parties, through which he was trying to assert intellectual property rights over Bitcoin—and to ward off any future lawfare.

On March 14, the final day of the six-week trial, Mellor delivered a rare snap verdict: “The evidence is overwhelming,” he told the courtroom. “Dr Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto.”

“It is clear that Dr Wright engaged in the deliberate production of false documents to support false claims and use the Courts as a vehicle for fraud,” wrote Mellor in his judgment. “I am entirely satisfied that Dr Wright lied to the Court extensively and repeatedly. All his lies and forged documents were in support of his biggest lie: his claim to be Satoshi Nakamoto.”

At a hearing in July, in addition to imposing the various injunctions upon Wright, Mellor directed the Crown Prosecution Service (CPS), the body responsible for prosecuting criminal cases in the UK, to consider bringing criminal charges against Wright for his “wholesale perjury.” (The CPS has not yet charged Wright with perjury.)



Source link

Related posts

Makers Are Building Back Against ICE

Makers Are Building Back Against ICE

February 16, 2026
Sony LinkBuds Clip Review: Solid Buds, Premium Price

Sony LinkBuds Clip Review: Solid Buds, Premium Price

February 16, 2026
Previous Post

AI agents mimic scientific collaboration to generate evidence-driven hypotheses

Next Post

Radisson Blu Hotel, Conakry Opens, Elevating Hospitality in Guinea’s Capital

Next Post
Radisson Blu Hotel, Conakry Opens, Elevating Hospitality in Guinea’s Capital

Radisson Blu Hotel, Conakry Opens, Elevating Hospitality in Guinea’s Capital

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Dispute over a potentially Nazi-looted Egon Schiele goes to trial in New York

Dispute over a potentially Nazi-looted Egon Schiele goes to trial in New York

2 years ago
Tornado Cash Co-founder Released On Bail

Tornado Cash Co-founder Released On Bail

2 years ago
Guggenheim Museum staff ratifies its first union contract

Guggenheim Museum staff ratifies its first union contract

3 years ago
Kenyan diaspora man Martin Kabaki launches ai platform

Kenyan diaspora man Martin Kabaki launches ai platform

2 years ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.