Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, October 10
    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 news: The last time this happened to BTC, it was 2012 – CoinDesk

    September 23, 2026
    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
    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

    Bitcoin Resistance at $116K Will Stay Until Renewed Momentum

    September 16, 2025
    Property

    Beijing Capital Jiaye Property Services prévoit un bénéfice annuel de 81,0 millions RMB à 86,8 millions RMB -Le 28 février 2025 à 13:05

    February 28, 2025
    Bitcoin

    Strive (ASST) Climbs 6% Following Major Bitcoin Acquisition, Enters Top 5 Corporate Holders

    September 1, 2026
    What's Hot

    Beauty Tech Group debuts on London market with £300m valuation

    October 2, 2025

    Bitcoin drops below $90K as selloff triggers $580 million in liquidations

    January 20, 2026

    What next as Bitcoin (BTC) whales go long despite bearish bets piling up

    April 26, 2026
    Most Popular

    Davos 2025: India’s copper demand to surge 5x by 2050, says BHP CFO Vandita Pant

    January 20, 2025

    Manappuram Finance shares slide 3%: What’s the big worry despite steady gold loan growth? – Market News

    May 4, 2026

    6 Worst Hawaii Cities To Buy Property Over the Next 5 Years, per Real Estate Agents

    July 16, 2024
    Editor's Picks

    Aston Martin denies Saudi privatisation as stock exchange delisting rumours grow

    November 17, 2025

    AI Finance Transformation: 8020 & Invoke Partnership

    May 15, 2026

    Why is Kioxia stock crashing today? By Investing.com

    July 28, 2026
    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.