UK judge rules Australian Craig Wright is not Bitcoin inventor
The news: The London high court has ruled that Australian computer scientist, Craig Wright, is not the founder of leading cryptocurrency, Bitcoin.
The context: Wright claimed to be the identity behind the Satoshi Nakamoto identity, which is the nom-de-plume of the individual who wrote the Bitcoin White Paper.
The Cryptocurrency Open Patent Alliance (COPA), a group of developers backed by Jack Dorsey, sued Wright over his claims to be the founder, and that he owned copyright to the Bitcoin paper. Justice Mellor had been expected to retire to consider the case, but made his ruling as soon as the proceedings had concluded as the “evidence was overwhelming.”
What they said: Judge James Mellor said: "Dr Wright is not the author of the Bitcoin white paper ... Dr Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011".
A COPA spokesperson said: "For over eight years, Dr Wright and his financial backers have lied about his identity as Satoshi Nakamoto and used that lie to bully and intimidate developers in the bitcoin community.
"That ends today with the court's ruling that Craig Wright is not Satoshi Nakamoto."
A spokesperson for Wright said he was "not prepared to speak to anyone at this time".
The source: Reuters