LONDON, UK – FEBRUARY 6: Dr Craig Wright arrives at the Rolls Building, part of the Royal Buildings … [+]
Craig Wright, discredited by the British High Court's ruling on his claims to be Satoshi Nakamoto, has launched a new lawsuit. He's targeting Bitcoin again
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In a decisive legal battle earlier this year, Judge Mellor in COPA v. Wright made Craig Wright's case clear beyond doubt. He ruled that the evidence against Wright was “overwhelming” and stated conclusively that Wright was not the author of the Bitcoin White Paper and was not Satoshi Nakamoto. This case was perhaps the worst case of fraud ever seen by a British court.
Judge Mellor rules in COPA v. Wright that Craig Wright is not Satoshi Nakamoto
The final ruling hinges on Wright's new legal challenge to Bitcoin Core developers, who continue to claim the original Bitcoin protocol.
The suit, filed in the Full Bench of the High Court in London, estimates damages at a staggering £911.05 billion. Wright supports this claim by basing its numbers on the difference in market valuations between Bitcoin and Bitcoin SV, the latter of which truly represents Satoshi Nakamoto's original vision for Bitcoin.
Mr Hodronaut previously won a defamation case against Mr Wright in Norway and criticized Mr Wright's recent lawsuit. In a statement to Forbes, he said: “Mr. Wright is defending ever more delusional legal matters as reputable law firms continue to refuse to defend his torrent of lies and fabrications. It's very typical of him to start using ChatGPT to do this.” Of course, that would end badly for Mr. Wright. ”
Wright vs. BTC Core High Court Claim Form
In response to Mr. Wright's continued legal actions, COPA issued a statement to Forbes indicating that it was aware of Mr. Wright's recent allegations. They expressed confidence that this legal attempt, like his previous attempts, would not be successful. “Despite the UK High Court’s devastating dismantling of Craig Wright’s false claims to be Satoshi Nakamoto earlier this year, COPA has confirmed that Craig Wright has recently acquired intellectual property rights related to Bitcoin. “We are aware that additional claims have been made under the guise of ownership,” the statement said. COPA believes it is too early to comment on details, but remains confident in the outcome.
Despite the definitive nature of the COPA v. Wright decision earlier this year, Wright's new claims appear to follow a similar trajectory, with Bitcoin core developers' modifications of SegWit, Taproot, etc. moving away from Satoshi's original vision. claims to be deviant. According to Wright, these characteristics mislead the public into believing that BTC retains the attributes of the original Bitcoin, causing reputational damage and loss of market value for BSV.
In Satoshi's last communication with the Bitcoin community, he said: “I've moved on to other things.'' With Gavin and everyone's help, we'll be fine. ” This statement indicates his intention to step away from the project and entrust its future to trusted collaborators. This moment marked a transition in the governance of Bitcoin and reinforced the decentralized ethos at its core.
Satoshi explicitly acknowledged that the project was in good hands, effectively endorsing the collective governance model that continued to shape Bitcoin's development long after he left office. This handover confirms the intended resilience of Bitcoin, which was designed to operate and evolve without its original creator and instead relying on the contributions of its global user base.
All code changes to Bitcoin are accepted through a decentralized process and require consensus from contributors and the community to ensure they are consistent with Bitcoin's core principles. This adds another layer of absurdity to Wright's claim that he owns Bitcoin's intellectual property.
Wright's continued insistence on intellectual property rights to Bitcoin has been a source of controversy and confusion. His claims have consistently been met with skepticism and criticism, largely due to the lack of reliable evidence and the numerous fraudulent documents submitted in its place.
The impact of these legal challenges extends beyond Wright and the defendants. It raises questions about the governance of open source projects and the decentralized nature of Bitcoin. As Wright continues his fight for recognition and control, Bitcoin's decentralized nature remains its greatest strength, ensuring that no single individual can claim ownership, no matter how many legal challenges arise. This property means that it cannot be written or rewritten.
