In the case involving the Crypto Open Patent Alliance (COPA), Judge James Mellor wrote claims that Craig Wright lied to the court. “Craig Wright lied “extensively and repeatedly” in both his written and oral evidence,” wrote Mellor.
Mellor’s Ruling Against Fake Satoshi Nakamoto
According to reports, Mellor ruled in March that Wright was not Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Consequently, he was dismissed as the author of Bitcoin’s Whitepaper, the foundational document behind the cryptocurrency.
“Dr. Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011. Third, Dr. Wright is not the person who created the Bitcoin System. And, fourth, he is not the author of the initial versions of the Bitcoin software,” Mellor concluded.
While Mellor’s ruling can be appealed, his statement calls for celebration in the broader crypto community. This is because many have been victims of Wright’s legal battles with a trial spanning over a month.
As a reminder, COPA filed to take Wright to court in 2021. COPA accused Wright of forgery and perjury, and the trial began on February 5. Notably, COPA’s mission is to protect the adoption of crypto and fight threats against the new technology. Twitter founder Jack Dorsey and crypto exchange Coinbase are among the supporters of the organization.
Judge Freezes Wight’s Assets
To prevent Wright from moving his assets abroad or avoid paying for the COPA trial, Mellor placed a worldwide freezing order on Wright’s assets valued at 6 million British pounds ($7.6 million) in March. At the time, the dispute cost COPA 6.7 million pounds, according to the order. Right now, the crypto community would be watching to see what Wright’s next move would be.
Per Bitcoin, the cryptocurrency is currently hovering around $67,000, with 24-hour trading volume pegged at $22.3 billion with almost no uptick in response to the news.
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