• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Polymarket Set To Go Live In The US Following CFTC Approval, Says CEO
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Polymarket Set To Go Live In The US Following CFTC Approval, Says CEO
Craig Wight Bitcoin Satoshi Nakamoto

UK Court Set To Decide If Craig Wright Is Bitcoin Creator Satoshi Nakamoto

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Bitcoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Craig Steven Wright, an Australian computer scientist who claims to have invented the world’s largest cryptocurrency, Bitcoin, will be appearing in a court hearing today, January 15, to defend his assertions of being the pseudonymous BTC creator, Satoshi Nakamoto. 

COPA Sues Self-Proclaimed Bitcoin Creator

In April 2021, the Crypto Open Patent Alliance (COPA), a non-profit community of tech and crypto companies, filed a lawsuit against Wright over his claims of being the creator of Bitcoin. The trial of the court case was scheduled for January 2024 and will be held in the United Kingdom (UK) High Court of Justice, with the case spanning from January to March 2024.

Related Reading: Cardano Starts 2024 With A Bang: Network Growth And Activity See Impressive Outperformance

The lawsuit aims to determine whether Wright can substantiate his controversial claims with solid evidence, given that the legitimacy of Bitcoin’s origin remains a pivotal aspect of the cryptocurrency landscape. 

The self-proclaimed Bitcoin creator has previously been in several court cases regarding his claims of inventing BTC. Earlier in 2021, Wright sued several BTC developers for refusing to retrieve 110,000 BTC his company, Tulip Trading, claimed it owned.

The CEO also has a long history of engaging in legal disputes, evident in his previous lawsuits where he alleged that crypto exchanges Coinbase and Kraken violated his rights by using the name “Bitcoin.”

The outcome of Wright’s legal battle has far-reaching consequences not only for him but also for the broader crypto community. If the UK court rules in favor of his claims, it would solidify his identity as the enigmatic Satoshi Nakamoto, effectively validating his long-debated proclamations. 

In contrast, an unfavorable ruling would cast further doubts on his credibility and reawaken discussions about the true identity of BTC’s creator. 

BTC price chart from Tradingview.com (Bitcoin creator Satoshi Nakamoto Craig Wright)

BTC price at $42,700 | Source: BTCUSD on Tradingview.com

Craig Wright Forsakes BTC

In an X (formerly Twitter) post, Wright publicly forsook Bitcoin, the cryptocurrency he has continually claimed to have invented. He stated that he would not allow BTC to persist in what he perceives as a deformed state. 

The self-proclaimed Bitcoin creator disclosed that he has received no payments for his efforts in supposedly inventing BTC. He asserted that secondary individuals had altered Bitcoin and did so against his wishes as the purported inventor of the cryptocurrency. 

Related Reading: Elon Musk’s Tesla Supercharging Station Which Will Accept Dogecoin Payments Set To Open – Details

Wright disclosed in the lengthy post that he had attached a single payment and condition to his vision for Bitcoin. He revealed that he had explicitly mandated that BTC remained precisely as he allegedly designed it. 

According to the self-claimed Bitcoin creator, his condition remains unmet. He stated that many had wrongly accused him of plagiarism and attempted to copy his alleged creation, transforming it into “something entirely different.”

“I conceived Bitcoin, and I unveiled it to the world. However, in BTC, they’ve torn it asunder. I’ve chosen to forsake BTC because I won’t allow it to exist in a grotesque form, both in its physical embodiment and its underlying connotations,” Wright said.

Featured image from Finance Magnates, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

Bitcoin

Corporate Bitcoin Allocation Climbs As Companies Invest 22% Of Profits: Study

17 minutes ago
Bitcoin

Bitcoin Payments Now Accepted By Top UAE Developer For Real Estate

14 hours ago
cours-or-nouveau-record-chute-btc

Record de l’or et chute du Bitcoin : que se passe-t-il ?

2 days ago
Metaplanet

Metaplanet Pushes Bitcoin Holdings Over $2 Billion With New Purchase

2 days ago
Bitcoin

Bitcoin Mining Can’t Keep Up: Companies Buying At Quadruple Pace – Report

3 days ago
Bitcoin

Bitcoin Treasury Race Heats Up As Dutch Firm Shoots For $23-M Launch

4 days ago

Premium Sponsors

Press Releases

  • miner

    XRP Price From a High of $3.65 to a Low of $2.72: How GMO...

    48 minutes ago
  • miner

    7 Trending Crypto Mining Apps This Year That Give Free...

    3 hours ago
  • mining

    6 Most Reliable Crypto Mining Software to Help Miners...

    4 hours ago
  • MemeCore...

    10 hours ago
  • XRP is expected to break through $7. APT Miner helps...

    17 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.