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Bitcoin News

Craig Wright is not Satoshi Nakamoto, The Creator of Bitcoin

The case, which was brought by the Crypto Open Patent Alliance (COPA), completed closing arguments this week.

Written By:
Jalpa Bhavsar

Last updated: March 15, 2024 1:17 PM
Published 2024-03-14
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Craig Wright is not Satoshi Nakamoto, The Creator of Bitcoin

U.K. Judge James Mellor ruled on Thursday that Craig Wright is not Satoshi Nakamoto, the pseudonym used by the creator of Bitcoin, nor the author of the Bitcoin whitepaper.

Following the conclusion of closing arguments in the Crypto Open Patent Alliance (COPA) trial which lasted a month, Judge Mellor described the evidence as “overwhelming,” noting that he would write a ruling outlining his conclusions, which would include the fact that Wright is not the person who created Bitcoin.

According to a post from the alliance, the case, which was brought by the Crypto Open Patent Alliance (COPA), completed closing arguments this week.

The team set out to demonstrate that Wright, an early Bitcoin developer who goes by the pseudonym Satoshi Nakamoto, is not the real creator of the cryptocurrency. 

Adam Back, the creator of Bitcoin’s proof-of-work consensus mechanism, and Martti Malmi, an early supporter of the cryptocurrency, made their statements public last month. According to earlier reporting at The Block, both challenged assertions made by Wright during his testimony. Wright was not Nakamoto, according to both arguments. 

In 2021, COPA filed a lawsuit against Wright to obtain a decision that would stop him from suing other cryptocurrency enthusiasts and developers or asserting intellectual property rights over the technology that is available to the public.

Also Read: Craig Wright’s Defense Counters COPA Fraud Claims

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)Satoshi Nakamoto
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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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