Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, July 18
    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 (BTC) Recovers After Chinese AI Breakthrough Disrupts Markets

    July 18, 2026
    Bitcoin

    T. Rowe Price Launches Multi-Crypto ETF Including Bitcoin, Ethereum, and XRP

    July 17, 2026
    Bitcoin

    Bitcoin Sentiment Is Turning Bullish — But It’s Too Early To Celebrate: Report

    July 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
    Stock Market

    Stock Market Live Updates Today: BSE Sensex opens over 1,100 points up, Nifty50 above 23,950 as Trump announces US-Iran peace deal; crude oil prices plunge

    June 14, 2026
    Bitcoin

    Bitcoin Billionaire Winklevoss Bros Back Trump Sons’ Crypto Miner

    August 7, 2025
    Finance

    Trump’s Financial Disclosures Reveal Lawsuit Debts and Cash Grabs

    August 16, 2024
    What's Hot

    China Evergrande liquidators warn PwC partners not to use divorce to shield assets

    July 14, 2026

    Bitcoin and the IGV Tech ETF Are Moving in Tandem. Here’s Why

    March 6, 2026

    JD sports shares soar on strong Q2 sales growth By Investing.com

    August 22, 2024
    Most Popular

    U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.51% By Investing.com

    August 26, 2024

    Bitcoin Reaches New All-Time High of $124,000, Surpassing Previous Peak

    August 16, 2025

    BTC Demand Cools After Fed Presser, Volatility Ramps Up

    July 30, 2025
    Editor's Picks

    The Commodities Feed: Gold rises to another record high | articles

    October 30, 2024

    UK investors pull out of London stock market at record pace

    November 19, 2025

    California’s solar transition has left most renters behind

    August 13, 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.