|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Craig Wright, Who Claimed to Be Bitcoin Creator, Sentenced to Prison for Contempt of Court
Dec 20, 2024 at 04:12 pm
The contempt ruling stemmed from Wright filing a £911 billion lawsuit against Bitcoin Core developers and Square Up Europe Limited, which was in direct violation of a March 2024 court injunction.

Australian computer scientist Craig Wright, who claimed to be the creator of bitcoin, has been sentenced to one year in prison, suspended for two years, after being found in contempt of court.
The contempt ruling stemmed from a lawsuit filed by Wright, targeting 26 defendants, including Bitcoin Core developers and Square Up Europe Limited. The defendants were later reported to have grown to over 100 companies globally.
The lawsuit was filed despite a March 2024 court injunction prohibiting Wright from asserting legal claims based on his claimed identity as Satoshi Nakamoto, the pseudonymous creator of bitcoin. This injunction was issued following a March 2024 ruling by the UK High Court, where Mr Justice Mellor found “overwhelming evidence” that Wright is not Satoshi Nakamoto.
The court concluded that Wright had lied extensively and forged documents to support his claims, preventing him from pursuing further legal claims tied to his alleged identity as Satoshi Nakもと.
The Crypto Open Patent Alliance (COPA), represented by Jonathan Hough KC of Bird & Bird LLP, initiated the contempt proceedings against Wright. Backed by industry leaders like Coinbase, Kraken, and MicroStrategy, COPA aims to protect open-source technologies and prevent restrictive patent practices.
In the judgment, Judge Mellor sharply criticized Wright's conduct, stating that he had “extensively and repeatedly” lied and forged documents “on a grand scale.” The judge emphasized that Wright's actions were a misuse of the court system, intended to deceive and manipulate legal proceedings to his advantage.
“I have found, to the requisite criminal standard of proof, that Dr. Wright committed each of the contempts alleged by COPA in their Grounds 1 to 5 inclusive. Indeed, in my judgment, there is no doubt whatever that each of these contempts has been proved,” Mellor concluded.
Hough argued that Wright’s actions were premeditated and vexatious, accusing him of relitigating settled matters and weaponizing the court system to silence critics. He described Wright's efforts as a “desperate publicity stunt” to keep his “cultish supporters engaged.”
Judge Mellor highlighted Wright’s lack of remorse and the deliberate nature of his actions.
The court concluded that Wright’s contempt was of such gravity that only a custodial sentence would suffice. Wright was also ordered to pay £144,000 in legal costs within 14 days.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
-
-
- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
-
-
- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
-
-
- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
-
- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.

































