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Cryptocurrency News Articles

It’s Over! Craig Wright Is Not Bitcoin Inventor Satoshi Nakamoto

Nov 29, 2024 at 11:15 pm

The UK Court of Appeal has firmly rejected Craig Steven Wright's (CSW) application to appeal his case asserting he is Satoshi Nakamoto, the creator of Bitcoin.

It’s Over! Craig Wright Is Not Bitcoin Inventor Satoshi Nakamoto

A UK court has definitively dismissed Craig Steven Wright’s (CSW) bid to overturn a court ruling that he is not Satoshi Nakamoto, the creator of Bitcoin.

The Court of Appeal’s decision, announced Monday, effectively quashes Wright’s claims to be the individual behind the pseudonym.

In May, the U.K. High Court of Justice ruled that Wright was not Satoshi Nakamoto. The decision came in a lawsuit filed against Wright by the Crypto Open Patent Alliance (COPA), a group of companies that alleged he had forged evidence to support his claim of being Nakamoto.

Concluding the judgment, the court stated unequivocally, “The appeals have no prospect of success whatever and there is no other reason to hear them,” thereby bringing an end to Wright’s legal pursuit to validate his identity as Bitcoin’s creator.

At press time, BTC was trading at $97,860.

News source:bitcoinist.com

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