Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, September 22
    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

    Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is over – CNBC

    September 21, 2026
    Bitcoin

    Crypto News Today: Bitcoin Outflow, Aave RWA Hub, Strategy Buybacks

    September 17, 2026
    Bitcoin

    Bitcoin Treasuries Can Outperform BTC… But Is The Risk Worth Taking?

    September 17, 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
    Property

    Molo cuts buy-to-let rates by up to 25bps

    July 30, 2024
    Investing

    Dunelm maintains profit outlook despite softer Q2 By Investing.com

    February 10, 2026
    Property

    Is it finally time for UK commercial property to shine?

    August 15, 2024
    What's Hot

    $9,000 Daily Earnings: Bitcoin Pulls Back, BJMINING Becomes a New Channel for Steady Profits

    August 14, 2025

    Bitcoin to $104K, Ethereum to $3,700 — But Ozak AI Could 700× by 2027, Analysts Reveal Why

    November 30, 2025

    Mixed FY25 results as Middle East conflict raises outlook risks By Investing.com

    March 25, 2026
    Most Popular

    Utility watchdog groups protest National Grid’s proposed rate hikes

    August 16, 2024

    Is Nasdaq and NYSE open or closed today: Is the US stock market open today or closed on Good Friday 2026? Are banks open and is USPS delivering mail today—here’s complete guide for April 3 what’s open and what’s closed

    April 3, 2026

    The 10 most expensive properties on sale in UK right now

    December 18, 2020
    Editor's Picks

    Sensex Today | Stock Market Highlights: Sensex jumps 965 points, Nifty tops 24,300 as banks, IT and Reliance lead rally; midcaps underperform

    July 17, 2026

    US Stock Market Live Updates: Dow pares gains but holds above 200 pts as ceasefire extension boosts sentiment; Nasdaq at a record high

    April 22, 2026

    Justin Sun responds after USDD stablecoin silently removes $732m of Bitcoin collateral – DL News

    August 22, 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.