Judge Rules Craig Wright Not Satoshi Nakamoto

• U.K. Judge James Mellor officially declares Craig Wright is not the creator of Bitcoin, Satoshi Nakamoto.
• The ruling prevents Wright from further asserting his claim as Nakamoto, marking a victory for the open-source community and truth.

In a decisive moment for the cryptocurrency world, U.K. Judge James Mellor has definitively ruled that Craig Wright does not fit the identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin. This conclusion was reached at the climax of the Crypto Open Patent Alliance (COPA) trial, a case that has drawn significant attention, according to BitMEX research updates.

The trial is now over.

As the evidence against Craig was so strong, the judged annouced his early findings on some of the key issues at the end of the trial

It is now official from Judge Mellor:

Craig Wright is NOT Satoshi!!!

— BitMEX Research (@BitMEXResearch) March 14, 2024

Reflecting on earlier developments, a pivotal moment occurred in 2021 when Wright was granted a default judgment in a copyright infringement lawsuit concerning Bitcoin.

See details in recent CNF YouTube video below.

This court decision, shared by CNF earlier in 2021, came after the defendant, Cøbra, an anonymous entity, opted against mounting a defense. Wright’s victory in this instance, however, was overshadowed by the broader implications and the contentious debate surrounding his claim to the Nakamoto identity.

The trial against COPA aimed to prevent Wright from further proclaiming himself as Nakamoto. COPA’s closing submission made a powerful statement:

Dr. Wright has been shown to have lied on an extraordinary scale. […] He has invented an entire biographical history, producing one tranche after another of forged documents to support it.

This quote captures the essence of the allegations against Wright, accusing him of extensive deception to bolster his claims.

Furthermore, the Bitcoin Legal Defense Fund commented on the broader impact of Wright’s litigation on the Bitcoin community, stating,

For years, prominent contributors to the Bitcoin community have been the subject of abusive lawsuits […] These lawsuits are frivolous but effective. Many developers have decided it’s not worth the time, stress, money, and legal risk to continue working on Bitcoin.

This statement reflects the chilling effect Wright’s lawsuits have had on the development and innovation within the Bitcoin ecosystem.

In 2023, Wright’s legal battles expanded as he sued 13 Bitcoin Core developers and several leading blockchain firms, alleging copyright violations. The outcome of these lawsuits seemed to hinge on Wright’s claim to the Nakamoto identity, a claim now unequivocally dismissed by Judge Mellor.

This landmark ruling is a significant victory for the open-source community, developers, and advocates of truth, ending over eight years of controversy over Wright’s claim to be Satoshi Nakamoto.

Following the announcement, the Bitcoin market reacted with an 8.07% decrease in value, bringing its price to $67,696. This price movement reflects the immediate financial implications of the ruling, highlighting the ongoing volatility and sensitivity of cryptocurrency markets to major news events.

This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.