Australian computer scientist Craig Wright, who claims to be the founder of Bitcoin 
$69,763, has filed a lawsuit for $1.18 billion against Block, a payment company owned by Jack Dorsey. This legal action raises questions about Wright’s credibility and his previous assertions regarding his identity as Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
Wright Faces Accusations of Deceit
Despite claiming to be Satoshi Nakamoto, Wright is accused of contempt of court by the Crypto Open Patent Alliance (COPA), which previously presented “definitive evidence” proving he did not invent Bitcoin. In May, the London High Court affirmed that there was “definitive evidence” Wright did not write the foundational document of Bitcoin from 2008 and ruled that he had committed large-scale forgery.
Wright’s Defense
Wright continues to assert that he is the original author of the Bitcoin white paper. However, the court’s decision to refer him to the British Crown Prosecution Service for perjury charges further undermines his claims. In a statement, Wright emphasized that the lawsuit against Block is unrelated to his claims of being the creator of Bitcoin and that he did not act disrespectfully towards the court.
The upcoming court session is scheduled for December, where further developments in Wright’s case are anticipated. It remains unclear whether Wright has the right to appeal the High Court’s ruling. The court is expected to take one last step to clarify its decision regarding Wright’s alleged forgery.
As the legal proceedings unfold, discussions about Wright’s claims and the true identity of Bitcoin’s creator are likely to continue. The implications of this lawsuit may have significant ramifications in the cryptocurrency world, particularly as the number of individuals claiming to be Satoshi Nakamoto diminishes.
