Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, March 26
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Bitcoin»An Australian computer scientist who claimed to invent bitcoin referred to prosecutors for perjury
    Bitcoin

    An Australian computer scientist who claimed to invent bitcoin referred to prosecutors for perjury

    July 16, 20243 Mins Read


    LONDON (AP) — An Australian computer scientist found to have falsely claimed to be the mysterious creator of the bitcoin cryptocurrency will be referred to British prosecutors for “wholescale perjury and forgery of documents,” a London judge said Tuesday.

    Judge James Mellor, who ruled after a civil trial in March that Craig Wright was not the man behind “Satoshi Nakamoto,” the pseudonym that has masked the creator of bitcoin’s identity, said he will refer evidence from the case to the Crown Prosecution Service to consider whether to bring charges.

    “In advancing his false claim to be Satoshi through multiple legal actions, Dr. Wright committed ‘a most serious abuse’ of the process of the courts of the U.K., Norway and the U.S.A.,” Mellor said. “If what happened in this case does not warrant referral to the CPS, it is difficult to envisage a case which would.”

    Mellor had ruled at trial that Wright did not invent bitcoin, was not the man behind Nakamoto, or creator of the bitcoin software.

    The murky origins of bitcoin date to the height of the financial crisis in 2008, when a person or group using the Nakamoto pen name issued a paper explaining how digital currency could be sent around the world anonymously, without banks or national currencies.

    Speculation on the identity of Nakamoto swirled for years and several candidates had emerged when Wright emerged to claim the identity in 2016, only to quickly return to the shadows, saying he didn’t “have the courage” to provide more proof.

    In what was considered a major victory for open source developers, a nonprofit group of technology and crypto companies successfully sued in the High Court to prove Wright is not Nakamoto.

    The Crypto Open Patent Alliance (COPA) had argued that Wright had committed “forgery on an industrial scale” to support a “brazen lie” he was Nakamoto. The alliance said he used his claim as bitcoin’s inventor to “terrorize” developers by filing litigation to prevent them from further developing the open-source technology.

    Wright, who testified over several days of the five-week trial, denied the allegations. In May, he said on the social media platform X that he plans to appeal the decision “on the matter of the identity issue.”

    The trial had implications for control of the intellectual property rights of the world’s most popular virtual currency. The ruling affected three pending lawsuits Wright filed based on his claim to having the intellectual property rights to bitcoin.

    Mellor granted two injunctions Tuesday preventing Wright from threatening to sue or filing lawsuits aimed at developers.

    He also ordered Wright to publish details of the ruling against him to “dispel residual uncertainty” that he’s not Nakamoto and post notices to that effect on his website and his profile on X, the social media platform, and his Slack channels.

    Messages seeking comment from Wright’s attorneys were not immediately returned.

    Bitcoin is the world’s most high-profile digital currency, and like others is not tied to any bank or government. Like cash, it allows users to spend and receive money anonymously, or mostly so. It can be converted to cash when deposited into accounts at prices set in online trading.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleStock market today: A widespread rally sends Wall Street toward records, even as Big Tech weighs
    Next Article Retail sales come in better than expected in June

    Related Posts

    Bitcoin

    St. Cloud Financial Credit Union Surpasses 10 Bitcoin In Member Custody Pilot

    March 26, 2026
    Bitcoin

    Bitcoin (BTC) covered call strategy used to generate income

    March 26, 2026
    Bitcoin

    Bitcoin ETFs Trim 2026 Losses With Strong March Demand

    March 26, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Le prix du bitcoin monte à pas de 110 000 $; Jusqu’où ce Bull pourrait-il s’étendre?

    May 25, 2025
    Commodities

    Crypto Exchanges Emerge as TradFi Venues amid Tokenized Commodities Boom

    March 7, 2026
    Finance

    Bridging Finance Former Executives Found Guilty Of Fraud, Bribery

    October 30, 2024
    What's Hot

    Islamabad wants Chinese utilities to use Thar coal – Pakistan

    July 22, 2024

    How to build a fortune in the booming commercial property sector

    October 18, 2025

    US stock markets resilient amid Powell concerns and earnings season – London Business News

    July 17, 2025
    Most Popular

    Trevor Greetham: Why commodities are an important diversifier

    February 26, 2026

    Revealed: The most viewed houses up for sale in the UK – including one that is PERFECT for horse lovers

    September 20, 2025

    Buying Property in the United States as a Foreigner

    December 8, 2024
    Editor's Picks

    Gary Gensler Wishes ‘Happy Sweet Sixteen’ To Bitcoin Ahead Of Whitepaper Anniversary — SEC Chair Says Decentralized Tech Compatible With Securities Law, But…

    October 23, 2024

    [Commentary] Why RBI’s financial governance should address social and environmental concerns

    July 24, 2024

    World’s Largest Steelmaker Warns of a Industry Crisis Worse Than 2008

    August 14, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.