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Tag: Craig Wright

  • Craig Wright Could Face Perjury Charges for Claiming to be Bitcoin Creator

    Craig Wright Could Face Perjury Charges for Claiming to be Bitcoin Creator

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    Australian computer scientist Craig Wright’s claims to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, could lead British prosecutors to charge him with perjury and forgery of documents.

    A new ruling in the Crypto Open Patent Alliance (COPA) vs. Wright case revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service (CPS) for consideration on charging him with perjury for providing false testimony during the trial.

    Wright Faces Perjury Charges

    Judge Mellor found that Wright had lied to bolster his false claim of being Satoshi Nakamoto during the trial. Although Wright has remained insistent for years that he wrote the Bitcoin white paper, the judge ruled that neither of his claims were true in March.

    COPA sued Wright to prove that he was not Satoshi Nakamoto and prevent him from suing Bitcoin developers and related entities that denied his claims. Since 2019, Wright has waged legal war against several developers to silence their criticism and gain ownership of the Bitcoin network.

    Interestingly, he failed to mention anyone to whom he sent bitcoin (BTC) in the network’s early days. Hence, the judge said the evidence in the case overwhelmingly convinced him that Wright was not the creator of the cryptocurrency.

    Following the judge’s ruling on the case, a written judgment that found Wright guilty of grand-scale forgery was filed two months later. Judge Mellor ruled that Wright lied repeatedly and extensively to support his biggest lie of being the Bitcoin creator. As a result of Wright’s forgery, Judge Mellor believes the case merits a referral to the CPS for possible criminal proceedings.

    “I have no doubt that I should refer the relevant papers in this case to the CPS for consideration of whether a prosecution should be commenced against Dr. Wright for his wholesale perjury and forgery of documents and/or whether a warrant for his arrest should be issued and/or whether his extradition should be sought from wherever he now is,” Judge Mellor wrote.

    Wright to Cease Legal Proceedings

    While the case makes its way to the CPS, Judge Mellor has granted certain orders and injunctions against Wright. For six months, the self-proclaimed Nakamoto must post a court notice on his website, Slack, and X accounts.

    In addition, Wright cannot continue any further legal proceedings on the case, and he is prohibited from threatening to engage in legal proceedings as he has done in the past.

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    Mandy Williams

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  • Craig Wright questioned on Tulip Trust, denies Kleiman’s role in court

    Craig Wright questioned on Tulip Trust, denies Kleiman’s role in court

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    Craig Wright’s sixth day of cross-examination saw the judge delve deeper into his connections with David Kleiman and the complex details surrounding the Tulip Trust.

    According to the courtroom conversation noted by BitMex Research, today’s session was marked by intense scrutiny of Wright’s past declarations and his relationship with the late Kleiman, shedding light on the complexities of their partnership and the foundational days of Bitcoin.

    The court pressed Wright on Kleiman’s involvement in the Tulip Trust, a series of trusts that Wright previously claimed were established to manage a significant portion of early mined Bitcoins.

    Wright’s responses fluctuated under questioning from the judge, particularly when confronted with his previous claims that Kleiman was a trustee, a statement he later asserted he had been forced into the declaration under the threat of contempt.

    This prompted a further inquiry from the judge, leading to Wright’s understanding and management of the trust’s documents and his assertion that he never officially acted as a trustee.

    Adding another layer to the day’s proceedings were questions about Wright’s blog posts, specifically one dated January 2009, which could potentially associate him with the creation of Bitcoin. Wright distanced himself from the management and authorship of the blog, attributing it to a third party.

    Wright maintained that the content of his blogs did not conclusively show him as Satoshi Nakamoto, further complicating the narrative around the identity of Bitcoin’s creator.

    Kleiman and his relation to Craig Wright

    David Kleiman was an American computer forensics expert widely known within the cryptocurrency community for his alleged connections to the creation of Bitcoin. Kleiman, who passed away in 2013, was a computer scientist and security expert, having worked in various capacities related to computer security and forensics. 

    After Kleiman’s death, a legal battle ensued between his estate and Wright. The estate claimed that Kleiman was involved in the creation of Bitcoin and, therefore, his estate is entitled to a portion of the Bitcoin fortune that Wright allegedly controls.

    The lawsuit brought Kleiman’s name into the spotlight within the cryptocurrency world, raising questions about his possible role in the development of Bitcoin. Despite these claims and legal battles, there is no definitive proof that Kleiman had a direct role in the creation of Bitcoin. 


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    Mohammad Shahidullah

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  • Craig Wright admits forging key documents to claim Satoshi Nakamoto identity

    Craig Wright admits forging key documents to claim Satoshi Nakamoto identity

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    On the fourth day of the COPA v. Craig Wright trial, Wright conceded that many documents he presented to affirm his claim as Satoshi Nakamoto were indeed forged. 

    Highlighting this development, COPA showcased evidence of anachronisms, including fonts that did not exist when the documents were supposedly created, leading Wright to admit their inauthenticity.

    However, Wright shifted blame to several third parties: mistakes by former solicitors, sabotage by ex-employees, hackers compromising his systems, and even the IT environment, which he claimed could autonomously alter documents.

    This casts Wright, who professes to be an information security expert, in an unfortunate light.

    Further complicating his position, Wright could not affirm the authenticity of documents related to the so-called Tulip Trust, previously submitted in the U.S. Kleiman litigation.

    “I have no idea, and I cannot actually vouch for anything being completely real,” Wright said, inadvertently bolstering COPA’s argument. 

    Yesterday, Wright had a surprisingly positive day at the trial, as he caused some concerns for COPA when he comprehensively explained Bitcoin’s network theory and presented a 2008 document citing Bitcoin Cash, which wasn’t launched until 2017.

    However, the court is aware that as an expert computer engineer, Wright has the technical capabilities to alter metadata. The defendant acknowledged showing his university students how to change the metadata of documents. 

    The trial is set to run until mid-March as the crypto community frustratingly waits to see whether the court rules out Wright’s long-winded claim of being Bitcoin’s originator. 


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    Mohammad Shahidullah

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  • CSW Attacks His Own Witness For Exposing That His Documents Are Forgeries

    CSW Attacks His Own Witness For Exposing That His Documents Are Forgeries

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    Self-proclaimed Bitcoin inventor Craig Wright grew flustered during cross-examination on Wednesday as prosecutors mounted evidence disputing his identity as Satoshi Nakamoto.

    The computer scientist stands accused of forging multiple documents to give credence to his “false narrative” which expert witnesses – including his own – have now agreed were likely tampered with.

    Craig Wright Smears His Own Experts

    Wright began the day bemoaning the incompetencies of the experts who found his prior evidence to be forgeries.

    Dr. Placks, for example – a digital forensics expert with qualifications going back twenty years – he deemed unqualified, due to his lack of a ‘related’ PhD or experience in a virtualized environment. According to Wright’s own words, Placks was an expert hired by his previous lawyers.

    When asked about another expert – Spencer Lynch – Wright said that he doesn’t even meet the “basic” level of the U.S. government’s forensics framework, and so isn’t qualified.

    Wright also claimed that Lynch had been hired by one of his previous lawyers, Travis Smith, forcing the defendant to dismiss the latter. However, this claim was objected to by Wright’s own current lawyer from Shoosmith, who said they had introduced Lynch. Wright then agreed.

    Onlookers found Wright’s competing claims with his personal witnesses and lawyers to be alarming.

    “So, like, Craig just lied about that?” wrote Annuit-bitscoin to the BSV subreddit on Wednesday. “It’s not even just he didn’t change experts, he changed the story about who hired the expert.”

    Wright Gets Flustered

    As the trial continued, prosecutors from the Crypto Open Patent Alliance (COPA), presented a flurry of Bitcoin-related documents supposedly produced by Wright before 2008, when the original Bitcoin whitepaper was published. They identified evidence of forgery for each, ranging from altered metadata to the use of fonts that weren’t available at the time they were purportedly written.

    In one case, COPA produced factory evidence that one of the notepads used to write one such document was not available until 2012. Wright insisted that the witness from the notepad producer was wrong.

    “Craig starting to raise his voice more and more. Seems rattled. Judge Mellor does not seem impressed,” said Hodlonaut, a trial spectator who has previously been sued by Wright, in a post to X on Wednesday.

    A rough transcription provided by @bitnorbert on X read that Justice Edward James Mellor at one point told Wright to “calm down.”

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    Andrew Throuvalas

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  • COPA claims visible forgery in Craig Wright’s Bitcoin origin document

    COPA claims visible forgery in Craig Wright’s Bitcoin origin document

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    On the second day of the Craig Wright v. COPA trial, the plaintiff claimed that Wright had forged the date in his infamous “Nakamoto is the Japanese Adam Smith” document.

    This document is pivotal to the case, as Wright showed it in a video back in 2019, where he claimed to be Bitcoin’s originator, Satoshi Nakamoto. The date stamp on the document shows that it was from 2008, before the Bitcoin whitepaper was published. 

    COPA highlighted that the numeral “08” in the document’s date appeared smaller than the “20” and was not aligned properly, suggesting the document might have been altered or forged. Wright acknowledged the visual discrepancies but maintained the document’s authenticity, stating it had been in his possession for a long time and he couldn’t recall its origin.

    Wright also mentioned not personally managing his Twitter account, which had claimed the document was authentic.

    Craig Wright showing the document of how he came up with the name ‘Satoshi’ in 2019 | Source: Modern Consensus

    COPA presented findings from Mr. Madden, an expert who compared the document to versions found in online archives. Madden noted alignment issues and differences in footers compared to those typical of the 2008 period, which Wright disputed by arguing about the variability of database formats.

    Wright rejected the suggestion that COPA’s expert found the original document, saying it was part of the effort to discredit him. He also emphasized that if the document were forged, it would have been done flawlessly, suggesting he wouldn’t make such amateurish mistakes.

    The trial is set to continue with further testimony and cross-examination. The proceedings are expected to last several weeks, with both parties prepared for a lengthy legal battle​. 

    The legal dispute started in 2016 when Dr. Craig Wright, originally an Australian computer scientist, publicly claimed to be Nakamoto and asserted intellectual property rights associated with Bitcoin. Cryptocurrency Open Patent Alliance (COPA) filed a lawsuit against Wright, seeking a court declaration that the Bitcoin whitepaper is public domain material and that no individual has copyright claims over it or the ‘Bitcoin’ name. 

    Major crypto stakeholders formed the COPA to prevent patent aggression and ensure open access to the technology.


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    Mohammad Shahidullah

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  • Bitcoin SV (BSV) Price Dips Following Coinbase Delisting

    Bitcoin SV (BSV) Price Dips Following Coinbase Delisting

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    Bitcoin SV (BSV),  a hardfork of the Bitcoin token, has drawn much attention in the last day after top American exchange Coinbase announced its termination of support for the asset. Following this news, BSV’s price has taken a hit, falling by over 5% in the last 24 hours.

    Coinbase Ends Support For Bitcoin SV

    In an X post on February 3, Coinbase shared that it had officially withdrawn support for BSV on its platform. This announcement follows a previous post in December when the exchange first communicated its intentions to delist BSV.

    According to Coinbase, all BSV remaining in customers’ wallets have been liquidated and replaced with the equivalent market value of another asset. However, the exchange states that certain wallets may not receive any compensation assets due to the transaction costs associated with the liquidation and replacement process. 

    As of now, Coinbase has provided no official reason behind its decision to remove BSV from its coin offerings. However, it is worth noting that Bitcoin SV has been a rather controversial asset since its creation in 2018. 

    Notably, the BSV blockchain network has been subject to multiple 51% attacks in the past due to its rather “centralized” structure, which serves as a source of concern to many exchanges. Aside from Coinbase, other top exchanges that have delisted Bitcoin SV include Binance, Kraken, Bittrex, Robinhood, etc. 

    Furthermore, the token’s founder Craig Wright has continuously drawn criticism to himself for claiming to be the anonymous inventor of Bitcoin – Satoshi Nakamoto. In 2022, Wright filed to obtain the Bitcoin copyright and block the operations of the Bitcoin network and Bitcoin Cash claiming a violation of intellectual property. However, the court rejected this petition in the face of surmountable evidence against the plaintiff.

    Bitcoin SV Price Overview 

    At the time of writing, BSV trades at $72.65 with a 5.61% price loss on the last day but a 0.10% gain on the weekly chart. Despite an impressive end to 2023 in which it gained by almost 110% in the last week of the year, the Bitcoin hardfork is now down by 15.20% in the last 30 days. 

    Meanwhile, the token’s daily trading volume is barely positive, having gained by 7.54% to attain a value of $90.39 million. With a total market cap of $1.43 billion, Bitcoin SV ranks as the 52nd largest cryptocurrency in the world.

    BSV trading at $72.03 on the daily chart| Source: BSVUSDT chart on Tradingview.com

    Featured image from iStockphoto, chart from TradingView

    Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.



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    Semilore Faleti

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  • Craig Wright Ordered To Pay Peter McCormack’s Legal Fees, Faces Contempt Of Court Hearing

    Craig Wright Ordered To Pay Peter McCormack’s Legal Fees, Faces Contempt Of Court Hearing

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    A judgment in Peter McCormack’s current case against Craig Wright concluded that Wright must pay the court fees of McCormack on an indemnity basis, amongst other findings.

    The conclusion of the trial also sets up an inquiry into Wright for contempt of court, with Justice Chamberlain of the Royal Courts of Justice writing, “I will issue a summons requiring Dr. Wright to attend a directions hearing before a judge nominated by the Judge in Charge of the Media and Communications List, who will give directions for the conduct of contempt proceedings in respect of breach of the embargo.”

    This in reference to an embargo on a draft judgment which Wright apparently breached, as he shared details of the judgment prior to the embargo date in the MetaNet Slack (MetaNet is a BSV education company). The judgment reads that “The Court of Appeal has signaled that breaches are likely to result in contempt proceedings.”

    While not a particularly good outcome for Wright, McCormack is also being directed to pay approximately $1.1 million (900,000 British pounds) in legal costs, subject to evaluation by a cost judge. He has stated on Twitter that “The stress of the last four years can’t be understated, it has had a significant impact upon me and my family.”

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    Bitcoin Magazine

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  • Hodlonaut Defeats Craig Wright In Norwegian Court Case For Defamation

    Hodlonaut Defeats Craig Wright In Norwegian Court Case For Defamation

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    Hodlonaut, a pseudonymous Bitcoiner, has won a court case for defamation against Craig Wright who claimed to be Satoshi Nakamoto in a Norwegian court, per a translated transcript sent to Bitcoin Magazine.

    While this case did not seek a definitive answer to the question of legitimacy to Wright’s claims, the judge did need to ascertain the likelihood of the possibility that Wright was telling the truth about being the creator of Bitcoin in order to decide if Hodlonaut was liable for damages based on his social media statements.

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    Shawn Amick

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