Self-styled Bitcoin creator Craig Wright appeared in court on Monday to face well-funded prosecutors seeking to prove that the computer scientist is not, in fact, Satoshi Nakamoto.
The legal battle is widely expected to bring an end to recurring lawsuits launched by Wright against the crypto community, which has largely met his proclamations with skepticism and derision.
The first day of trial features skeleton arguments from both prosecutors and Wright, before the scientistās lawyers present his full case on Tuesday.
His opposition is the Crypto Open Patent Alliance (COPA), a group backed by both Meta (formerly Facebook) and Block, the payments firm spearheaded by Bitcoin enthusiast Jack Dorsey.
āCWSās conduct is deadly serious,ā argued COPA in a London High Court, before Justice Justice Edward James Mellor. āHe has terrorized bloggers who dispute his claim.ā
āThis is done with the backing of Calvin Ayre,ā the group added, alluding to the popular tech billionaire who own a large stake in a major block-producer for the Wright-inspired blockchain, Bitcoin Satoshiās Vision (BSV).
The prosecution accused Wright of creating an āelaborate false narrativeā about his identity using āforgery on an industrial scale,ā while being unable to produce any reliable documents to support his claims.
For example, while Wright has claimed to own LaTeX files that he alleges were the original Bitcoin whitepaper, evidence suggests that he was still applying edits to those documents as late as December 2023. His internet search history at the time also showed that he Googled whether the Bitcoin whitepaper was written in LaTeX.
In their opening statement, Wrightās legal team countered that Wright has a steep educational background in finance and cryptography, and philosophical tenants required to be Satoshi. Furthermore, nobody else has come forward with serious claims to be Satoshi, thus supporting Wrightās claim.
The introductory arguments from Wright were largely criticized by online spectators.
āIāve been reluctant to use the Doctor title for Craig Wright, but with the sheer amount of doctored evidence being presented by COPA, Iām about to change my mind,ā wrote Hodlonaut, a previous target of Wrightās defamation lawsuits, in a post to X on Monday.
Bloomberg ETF analyst James Seyffart also found āthe extent of the lies and forgeriesā from Wright to be āborderline unbelievable.ā
The trial is expected to conclude next month before a decision in writing is granted at a later date.
The post Prosecutors Accuse Craig Wright Of āIndustrial Scaleā Forgery Before High Court appeared first on CryptoPotato.
The legal battle is widely expected to bring an end to recurring lawsuits launched by Wright against the crypto community, which has largely met his proclamations with skepticism and derision.
The āBeginning of the Endā for Craig Wright
The first day of trial features skeleton arguments from both prosecutors and Wright, before the scientistās lawyers present his full case on Tuesday.
His opposition is the Crypto Open Patent Alliance (COPA), a group backed by both Meta (formerly Facebook) and Block, the payments firm spearheaded by Bitcoin enthusiast Jack Dorsey.
āCWSās conduct is deadly serious,ā argued COPA in a London High Court, before Justice Justice Edward James Mellor. āHe has terrorized bloggers who dispute his claim.ā
āThis is done with the backing of Calvin Ayre,ā the group added, alluding to the popular tech billionaire who own a large stake in a major block-producer for the Wright-inspired blockchain, Bitcoin Satoshiās Vision (BSV).
The prosecution accused Wright of creating an āelaborate false narrativeā about his identity using āforgery on an industrial scale,ā while being unable to produce any reliable documents to support his claims.
For example, while Wright has claimed to own LaTeX files that he alleges were the original Bitcoin whitepaper, evidence suggests that he was still applying edits to those documents as late as December 2023. His internet search history at the time also showed that he Googled whether the Bitcoin whitepaper was written in LaTeX.
Wrightās Defence
In their opening statement, Wrightās legal team countered that Wright has a steep educational background in finance and cryptography, and philosophical tenants required to be Satoshi. Furthermore, nobody else has come forward with serious claims to be Satoshi, thus supporting Wrightās claim.
The introductory arguments from Wright were largely criticized by online spectators.
āIāve been reluctant to use the Doctor title for Craig Wright, but with the sheer amount of doctored evidence being presented by COPA, Iām about to change my mind,ā wrote Hodlonaut, a previous target of Wrightās defamation lawsuits, in a post to X on Monday.
Bloomberg ETF analyst James Seyffart also found āthe extent of the lies and forgeriesā from Wright to be āborderline unbelievable.ā
The trial is expected to conclude next month before a decision in writing is granted at a later date.
The post Prosecutors Accuse Craig Wright Of āIndustrial Scaleā Forgery Before High Court appeared first on CryptoPotato.
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