news-16072024-222101

Australian computer scientist Craig Wright recently updated his personal website with a legal notice admitting that he is not the creator of Bitcoin, Satoshi Nakamoto. Wright had previously claimed to be Nakamoto, but the notice on his website states that he lied extensively in court and attempted to create a false narrative by forging documents.

The notice, required to be displayed on Wright’s website for six months, is part of a dissemination order granted by the U.K. judge overseeing the case brought against Wright by the Crypto Open Patent Alliance (COPA). This non-profit organization, backed by industry heavyweights like Block’s Jack Dorsey and Coinbase, sued Wright to prevent him from claiming copyright of the Bitcoin whitepaper and suing developers under the guise of being Nakamoto.

Earlier this year, the U.K. judge ruled that Wright was not the creator of Bitcoin and accused him of lying and forging evidence throughout the trial. The final judgment issued by the judge also referred Wright and his colleague to U.K. prosecutors to be considered for perjury charges.

Despite the judgment, Wright has not yet updated his social media accounts with the legal notice. Instead, he has expressed his intention to appeal the decision that he is not Satoshi Nakamoto.

This case highlights the importance of transparency and honesty in the cryptocurrency industry, especially when it comes to claims of being the creator of a major cryptocurrency like Bitcoin. The legal actions taken against Wright serve as a warning to others who may attempt to deceive or manipulate the system for personal gain. It is crucial for the integrity of the industry that false claims are exposed and addressed accordingly.