Do you know who Bitcoin (BTC) creator Satoshi Nakamoto is?
We haven’t found the answer either... lol :)
But it looks like that the long-time claimant to the title, Craig Wright, has lost the face.
Wright is an Australian computer scientist who has long claimed to be Satoshi Nakamoto, the famed tech wizard who created the king coin. The claim has been mocked and ridiculed time and again, but Wright has consistently made the controversial assertion.
Now, it has been alleged in a United Kingdom court that Wright forged documents to prove that he is Satoshi Nakamoto. (Of course, a decentralised legend living off the grid needs paperwork right...)
Let’s go back to 2021 when the non-profit organisation, the Crypto Open Patent Alliance (COPA), challenged Wright’s claim to authorship of the Bitcoin white paper. The COPA is supported by major industry players such as Twitter founder Jack Dorsey, Coinbase, and Microstrategy.
At first, Wright proposed a settlement with the COPA, but the group rejected the proposal last month.
The COPA is now rather insistent that the case be resolved and come to an end. The group hopes that a final outcome of the case, that is favourable to them, would put an end to Wright’s consistent wars over copyright violation with the broader crypto industry.
“Wright's claim to be Satoshi Nakamoto is a brazen lie and elaborate false narratives afforded by forgery on an industrial scale,” said COPA.
The group alleged in the trial that Wright forged the documents to prove that he is Satoshi Nakamoto. Wright denied the allegation.
Judge James Mellor has allowed Wright to present new evidence that will be reviewed by experts and the other party, the COPA.
Fun Fact: While Nakamoto’s name is Japanese, most of the people speculated to be him have been of non-Japanese descent.
So far, most of them have been American cryptography and computer science experts.
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The author and publisher disclaim any liability for decisions made based on the content of this article. Readers are advised to conduct their own research and consult a financial advisor before making investment decisions.
The Crypto Fear and Greed Index, a tracking tool for market sentiment in crypto, has surged as high as 79 out of 100, hitting a level not seen since Bitcoin peaked at $69,000 in November 2021.
Feb 14, 2024