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

Nobody Knows How to File Taxes on Prediction Market Wins

April 22, 2026

U.S. Gold Mining Increases Amid Demand For Critical Minerals

April 22, 2026

With One Million Displaced, Lebanon Turns to Digital Wallets for Aid

April 21, 2026
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, 20242 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

Nobody Knows How to File Taxes on Prediction Market Wins

Startup April 22, 2026

With One Million Displaced, Lebanon Turns to Digital Wallets for Aid

Startup April 21, 2026

“Uncanny Valley”: OpenAI and Musk Fight Again; DOJ Mishandles Voter Data; Artemis II Comes Home

Startup April 20, 2026

AI Agents Are Coming for Your Dating Life

Startup April 19, 2026

China Is Cracking Down on Scams. Just Not the Ones Hitting Americans

Startup April 18, 2026

The 70-Person AI Image Startup Taking on Silicon Valley’s Giants

Startup April 17, 2026
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

Nobody Knows How to File Taxes on Prediction Market Wins

April 22, 2026

U.S. Gold Mining Increases Amid Demand For Critical Minerals

April 22, 2026

With One Million Displaced, Lebanon Turns to Digital Wallets for Aid

April 21, 2026

Nvidia’s Trillion Dollar Prediction Marks AI’s Inflection Point

April 21, 2026

“Uncanny Valley”: OpenAI and Musk Fight Again; DOJ Mishandles Voter Data; Artemis II Comes Home

April 20, 2026

Latest Posts

China Is Cracking Down on Scams. Just Not the Ones Hitting Americans

April 18, 2026

The 70-Person AI Image Startup Taking on Silicon Valley’s Giants

April 17, 2026

How Arizona-Based Lectric eBikes Is Dominating The D2C Market

April 17, 2026

The US Army Is Building Its Own Chatbot for Combat

April 16, 2026

This Startup Wants You to Pay Up to Talk With AI Versions of Human Experts

April 15, 2026
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.

© 2026 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