Case of man who falsely claimed to be bitcoin inventor referred to CPS (2024)

The case of Craig Wright, an Australian computer scientist who falsely claimed to be the creator of bitcoin, has been referred to the Crown Prosecution Service over a potential prosecution for perjury and forgery.

In March, Wright lost a legal battle with a coalition of cryptocurrency businesses who had pre-emptively sued to prevent him from enforcing his claim in the courts. In a sign of the extent of his defeat, the presiding judge, Mr Justice Mellor, took the unusual step of issuing an oral verdict within seconds of the case concluding.

“The evidence is overwhelming,” Mellor said at the time, “that Dr Wright is not the author of the bitcoin white paper.” In the written judgment that followed, Mellor said that Wright lied “extensively and repeatedly” in written and oral evidence. “Most of his lies related to the documents he had forged which purported to support his claim … Dr Wright’s attempts to prove he was/is Satoshi Nakamoto represent a most serious abuse of this court’s process.”

Wright’s written evidence was called out as a potential forgery before the trial even opened, and his own expert witnesses appeared to concur. In cross-examination, Wright dismissed the allegations, and claimed his expert witness was not suitably qualified. “If I had forged that document then it would be perfect,” he said at one point.

In a ruling on Tuesday, Mellor said he would refer “relevant” papers in the legal action to the CPS to consider whether criminal charges should be brought against Wright.

“In advancing his false claim to be Satoshi through multiple legal actions, Dr Wright committed ‘a most serious abuse’ of the process of the courts of the UK, Norway and the USA,” the ruling said.

“In these circ*mstances … I have no doubt that I should refer the relevant papers in this case to the CPS for consideration of whether a prosecution should be commenced against Dr Wright for his wholescale perjury and forgery of documents and/or whether a warrant for his arrest should be issued and/or whether his extradition should be sought from wherever he now is.

“All those matters are to be decided by the CPS.”

An earlier court case, brought by Wright against a bitcoin celebrity who had accused him of being “a liar” and “a fraud”, had ended in a shock victory for the Australian, after the respondent, Peter McCormack, dropped his defence on the grounds of truth. But Wright’s victory was a pyrrhic one: the judge, Mr Justic Chamberlain, ruled that he had “advanced a deliberately false case”, and awarded token damages of just £1.

Case of man who falsely claimed to be bitcoin inventor referred to CPS (2024)

FAQs

Case of man who falsely claimed to be bitcoin inventor referred to CPS? ›

Case of man who falsely claimed to be bitcoin inventor referred to CPS. The case of Craig Wright, an Australian computer scientist who falsely claimed to be the creator of bitcoin, has been referred to the Crown Prosecution Service over a potential prosecution for perjury and forgery.

Is Craig Wright the inventor of Bitcoin? ›

This notice, which reiterates the ruling that Wright was not the inventor of bitcoin, notes that Wright has been ordered not to commence any legal proceedings based on his false claims — or counterclaims — and that he must not threaten any such proceedings.

Who is really behind Bitcoin? ›

Bitcoin was created by an anonymous person or group using the pseudonym Satoshi Nakamoto. Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," outlining the concept of a decentralized digital currency.

Who is the father of the Bitcoin? ›

Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed Bitcoin, authored the Bitcoin white paper, and created and deployed Bitcoin's original reference implementation.

Who is the Australian Bitcoin guy? ›

Craig Steven Wright (born October 1970) is an Australian computer scientist and businessman. He has publicly claimed to be the main part of the team that created bitcoin, and the identity behind the pseudonym Satoshi Nakamoto.

Who is the man who claims he invented Bitcoin? ›

The case of Craig Wright, an Australian computer scientist who falsely claimed to be the creator of bitcoin, has been referred to the Crown Prosecution Service over a potential prosecution for perjury and forgery.

Who is claiming to be Satoshi? ›

Craig Wright is a computer scientist and early contributor to the Bitcoin project. Between 2016 and 2024, Wright asserted that he was the true identity of Satoshi Nakamoto, the pseudonym for Bitcoin's otherwise anonymous creator.

Who was the man that stole Bitcoin? ›

In 2012, someone stole 50,000 bitcoin from the Silk Road, an illegal dark web marketplace.

Who went to jail for Bitcoin? ›

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.

Who owns most Bitcoin? ›

So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

Who is the kid who got rich from Bitcoin? ›

Of course, Finman is biased: The teen crypto phenom used $1,000 his grandmother gave him when he was 12 years old to buy his first bitcoin when the little-known virtual currency was just $12 a token. By age 18, Finman had become a millionaire. (See more: Who is Erik Finman, the Bitcoin Millionaire Teenager?)

What is the highest price of Bitcoin ever recorded? ›

The all-time high of Bitcoin is $73,780.07.

What is the maximum number of bitcoins that can ever be mined? ›

This limit is hardcoded into the protocol, meaning it cannot be changed by anyone, including the developers or miners. The maximum supply of 21 million bitcoins will be reached around the year 2140, after which no new bitcoins can be mined.

Who is the disgraced CEO of Bitcoin? ›

Sam Bankman-Fried, the fallen 'Crypto-King', as he was once known, was sentenced to 25-years in prison for defrauding customers and investors of his now-bankrupt crypto exchange FTX.

Who is the richest guy from Bitcoin? ›

That's more than double the $37 billion in collective crypto billionaire wealth last year. For the third year running, Changpeng Zhao, founder and former CEO of crypto exchange Binance, is crypto's wealthiest person.

Who was the guy who crashed Bitcoin? ›

Sam Bankman-Fried
OccupationEntrepreneur
Known forCEO of FTX Co-founder of Alameda Research
Criminal statusIncarcerated
ParentsJoseph Bankman (father) Barbara Fried (mother)
10 more rows

Who created the Bitcoin logo? ›

Original symbol #

Satoshi Nakamoto created this lettered golden coin for the original Bitcoin client, released on January 9, 2009. The original logo in an early version of the Bitcoin client.

Who created Bitcoin Cash? ›

Satoshi Nakamoto

Who owns the most Bitcoin Satoshi Nakamoto? ›

According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

How many Bitcoin does the inventor have? ›

Satoshi, the pseudonymous creator of Bitcoin, is estimated to have mined around 1 million bitcoins in the early days of the cryptocurrency. However, since Satoshi's identity remains undisclosed and their bitcoins have never been moved or spent, the true extent of their holdings is speculative.

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