Launch Terminal

UK Court Affirms: Craig Wright Is Not Bitcoin Creator Satoshi Nakamoto

by aria-crypto.com

November 29, 2024 at 15:23


UK Court Affirms: Craig Wright Is Not Bitcoin Creator Satoshi Nakamoto



The UK Court of Appeal has conclusively denied Craig Wright's appeal in his claim to be Satoshi Nakamoto, the enigmatic creator of Bitcoin. Wright's assertions were thoroughly discredited following an extensive legal examination, involving over 22 days of trial and in-depth analysis by specialists. Notably, the court highlighted Wright's repeated lies and extensive document forgery attempting to prove his status as Nakamoto. This culminates a series of legal defeats for Wright, punctuated by the High Court's earlier ruling against him in a case initiated by the Crypto Open Patent Alliance (COPA). Moreover, Wright's allegations of judicial bias and process mismanagement were dismissed as baseless, affirming the fairness of the trial despite his criticisms. Given the comprehensive judicial review, the verdict stressed that Wright's appeal had "no prospect of success," effectively ending his quest for validation as Nakamoto. As it stands, the crypto community and the broader financial technology world remain steadfast in their skepticism towards Wright's claims, reinforced by this decisive legal judgement. At the same time, Bitcoin continues to surge in value, maintaining investor confidence amidst these controversies.


Follow us on social media

Read more

>> Ripple's RLUSD Approval: A New Horizon in Stablecoin Market Dynamics

The New York Department of Financial Services (NYDFS) has granted approval to Ripple for its Ripple USD (RLUSD) stablecoin. Ripple Labs CEO Brad Garlinghouse announced that RLUSD would soon be listed on various...

>> Crypto.com Secures Deutsche Bank as Strategic Partner in Key Financial Markets

Crypto.com has formed a strategic alliance with Deutsche Bank to enhance its corporate banking services across Asia-Pacific, including Singapore, Australia, and Hong Kong. This partnership marks a significant s...

>> Marathon Digital and MicroStrategy Drive Corporate Bitcoin Investment Trends

Marathon Digital Holdings recently invested about $1.1 billion in Bitcoin, acquiring 11,774 BTC, bringing its total holdings to 40,435 Bitcoins valued roughly at $3.9 billion. This purchase was financed through...

>> Goldman Sachs Eyes Crypto Trading Expansion under Favorable U.S. Regulations

Goldman Sachs CEO, David Solomon, has expressed renewed interest in expanding the firm's cryptocurrency operations, particularly in trading bitcoin and ether, contingent on a shift in U.S. regulatory policies. ...

>> Microsoft Chooses Caution on Bitcoin While Crypto Conversations Expand

Microsoft shareholders have decisively voted against a proposal to add Bitcoin to the company's financial reserves. This decision came during the annual meeting, despite arguments presented by the National Cent...

>> Argentina Champions Crypto Innovation with ETFs and Bolsters Financial Ecosystem

Argentina's securities regulator, Comisión Nacional de Valores (CNV), has recently authorized the trading of US-based crypto exchange-traded funds (ETFs), including notable cryptocurrencies like Bitcoin and Eth...

>> Google's Willow Chip Sparks Debate on Quantum Threat to Bitcoin

Google's recent unveiling of the Willow quantum computing chip has reignited discussions about the security implications for cryptocurrencies like Bitcoin. Willow's capability to perform complex calculations in...

>> EU MiCA Regulations Set to Transform Crypto Landscape by End of Year

The European Union's new MiCA regulations are poised to significantly impact the cryptocurrency sector, especially focusing on service providers and stablecoin issuers. Despite their impending enactment at the ...

>> South Korea's Financial Reforms Redefine Crypto and Investment Taxation Landscape

South Korea's National Assembly has enacted crucial modifications to the Income Tax Act, to much acclaim, deferring the imposition of crypto taxes until 2027 and abolishing the Financial Investment Income Tax (...

>> XRP's Strategic Role in U.S. Financial Leadership Amidst Crypto Boom

Presently, XRP, the third most valuable cryptocurrency, has seen significant attention due to its remarkable price performance and its pivotal role in the U.S. strategy to become a leader in global finance and ...

All the latest crypto news in one place

Stay informed and up-to-date on the market's latest news with our Terminal's News Aggregator with curated news articles and analysis from over 50 sources, including the crypto's biggest publications.

Launch Terminal
news aggregator