Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Trending

How Many Emmy Awards Did ‘Severance’ Win at the 2025 Emmys?

September 15, 2025

What Every Small-Business Founder Needs to Know About Stablecoins and Digital Dollars

September 15, 2025

How to Build a Business That Thrives in Tough Economic Times

September 15, 2025
Facebook Twitter Instagram
  • Newsletter
  • Submit Articles
  • Privacy
  • Advertise
  • Contact
Facebook Twitter Instagram
Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Subscribe for Alerts
Startup DreamersStartup Dreamers
Home » Craig Wright Found in Contempt of Court Over Bitcoin Creation Claims
Startup

Craig Wright Found in Contempt of Court Over Bitcoin Creation Claims

adminBy adminDecember 24, 20240 ViewsNo Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email

Craig Wright, the computer scientist ruled to have lied “extensively and repeatedly” about being the inventor of Bitcoin, has been given a one-year prison sentence by a UK judge after being found in contempt of court. The sentence is suspended for two years, meaning that Wright will only face prison if he reoffends during that period.

At a hearing Thursday in the UK High Court, Justice James Edward Mellor ruled that Wright—in bringing a $1.15 trillion lawsuit in October against Bitcoin developers and payments firm Square—had violated an earlier court order. The order required that Wright refrain from claiming publicly to be Satoshi Nakamoto, the creator of Bitcoin, and taking legal action on that basis, among other things.

Craig Wright could not be reached for comment. At the hearing, he is reported to have said he will appeal the contempt finding.

The contempt of court issue was raised by the Crypto Open Patent Alliance (COPA), a nonprofit consortium of crypto firms, which in February took Wright to trial in the hope of securing a formal declaration that he is not Satoshi. The aim was to prevent Wright from carrying forward multiple separate lawsuits against Bitcoin developers and other parties, through which he was trying to assert intellectual property rights over Bitcoin—and to ward off any future lawfare.

On March 14, the final day of the six-week trial, Mellor delivered a rare snap verdict: “The evidence is overwhelming,” he told the courtroom. “Dr. Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto.”

“It is clear that Dr. Wright engaged in the deliberate production of false documents to support false claims and use the Courts as a vehicle for fraud,” wrote Mellor in his judgment. “I am entirely satisfied that Dr. Wright lied to the Court extensively and repeatedly. All his lies and forged documents were in support of his biggest lie: his claim to be Satoshi Nakamoto.”

At a hearing in July, in addition to imposing the various injunctions upon Wright, Mellor directed the Crown Prosecution Service (CPS), the body responsible for prosecuting criminal cases in the UK, to consider bringing criminal charges against Wright for his “wholesale perjury.” (The CPS has not yet charged Wright with perjury.)

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

The Doomers Who Insist AI Will Kill Us All

Startup September 12, 2025

Inside the Man vs. Machine Hackathon

Startup September 11, 2025

The Unexpected Winners of Trump’s Trade War

Startup September 9, 2025

The Loophole Turning Stablecoins Into a Trillion-Dollar Fight

Startup September 8, 2025

Join Us for WIRED’s “Uncanny Valley” Live

Startup September 7, 2025

This Robot Only Needs a Single AI Model to Master Humanlike Movements

Startup September 6, 2025
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

How Many Emmy Awards Did ‘Severance’ Win at the 2025 Emmys?

September 15, 2025

What Every Small-Business Founder Needs to Know About Stablecoins and Digital Dollars

September 15, 2025

How to Build a Business That Thrives in Tough Economic Times

September 15, 2025

Why College No Longer Has a Monopoly on Success

September 15, 2025

When To See A Dramatic ‘Planet Parade’ This Week As Worlds Align

September 14, 2025

Latest Posts

Why Steve Aoki is Backing Brain-Boosting Gum Brand

September 14, 2025

I Founded a $1.7 Billion Business. Here’s My Success Secret.

September 14, 2025

UFC Cuts Ties With Hard-Luck Former TUF Finalist

September 13, 2025

Running an Online Business Is Tough — But Doing These 4 Things Will Make It Easier

September 13, 2025

We Are At Acute Agency Decay Amid AI. 4 Ways To Preserve Your Brain

September 12, 2025
Advertisement
Demo

Startup Dreamers is your one-stop website for the latest news and updates about how to start a business, follow us now to get the news that matters to you.

Facebook Twitter Instagram Pinterest YouTube
Sections
  • Growing a Business
  • Innovation
  • Leadership
  • Money & Finance
  • Starting a Business
Trending Topics
  • Branding
  • Business Ideas
  • Business Models
  • Business Plans
  • Fundraising

Subscribe to Updates

Get the latest business and startup news and updates directly to your inbox.

© 2025 Startup Dreamers. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

GET $5000 NO CREDIT