Craig Wright Is Not Satoshi, Didn't Author Bitcoin Whitepaper, Judge Rules (2024)

Craig Wright is not Satoshi Nakamoto or the author of the Bitcoin whitepaper, U.K. Judge James Mellor said after closing arguments in the Crypto Open Patent Alliance (COPA) trial on Thursday.

The evidence presented during the month-long trial was "overwhelming," the judge said, adding that he plans to write a ruling detailing his conclusions – including that Wright did not create the Bitcoin system.

"I will make certain declarations, which I am satisfied are useful and are necessary to do justice between the parties. First, that Dr. Wright is not the author of the Bitcoin white paper. Second, 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. Any further relief will be dealt with in my written judgment," Judge Mellor said.

COPA sued Wright in 2021 to secure such a ruling to prevent him from taking legal action against developers and other members of the crypto community or claiming intellectual property rights over Bitcoin's open-source technology.

Justice Mellor halted two other cases – including one Wright filed against Coinbase and Dorsey’s Block – alleging he had database rights to the bitcoin blockchain, which depended on the outcome of this case. The conclusion that Wright is not Satoshi may influence the continuation of each of those cases.

“This decision is a win for developers, for the entire open source community, and for the truth. For over eight years, Dr. Wright and his financial backers have lied about his identity as Satoshi Nakamoto and used that lie to bully and intimidate developers in the bitcoin community. That ends today with the court’s ruling that Craig Wright is not Satoshi Nakamoto,” a COPA spokesperson said in an email to CoinDesk.

Wright declined to comment on the outcome of the trial.

Read the judge's full remarks.

Can't say Satoshi?

Just before Mellor announced what he planned to include in his written judgment, Wright's counsel opposed COPA's plans to seek injunctions against Wright that would prevent him from ever declaring he is the Bitcoin creator.

Wright’s Counsel, Lord Anthony Grabiner, argued that such a prohibition is unprecedented in the U.K. and would prevent Wright from even casually going to the park and declaring he’s Satoshi without incurring fines or going to prison.

Grabiner said that injunction could be "sinister" and urged the court to consider a judgment that would not infringe on Wright's legal right to freedom of expression, adding that Wright should be able to tell his community who he says he is.

Meanwhile, COPA's solicitor Jonathan Hough urged the Judge to consider the particular problem of this trial – that Wright has sought a "campaign of litigation" against the crypto community.

On Wednesday, Wright's team hit back at COPA's forgery allegations saying they needed more evidence and argued that the alliance’s expert witness Patrick Madden's evidence was inadmissible. On Tuesday, Hough said COPA plans to ask U.K. prosecutors to consider if Wright had perjured himself during the trial.

Mellor has not said when his final written judgment will be issued.

UPDATE (March 14, 2024, 14:53 UTC): Adds detail throughout and comment from COPA spokesperson.

UPDATE (March 14, 2024, 15:05 UTC): Adds Judge's comment made in court in third paragraph.

Sandali Handagama contributed reporting.

Edited by Nikhilesh De and Sandali Handagama.

Craig Wright Is Not Satoshi, Didn't Author Bitcoin Whitepaper, Judge Rules (2024)

FAQs

Craig Wright Is Not Satoshi, Didn't Author Bitcoin Whitepaper, Judge Rules? ›

For over eight years, Dr. Wright and his financial backers have lied about his identity as Satoshi Nakamoto and used that lie to bully and intimidate developers in the bitcoin community. That ends today with the court's ruling that Craig Wright is not Satoshi Nakamoto,” a COPA spokesperson said in an email to CoinDesk

CoinDesk
CoinDesk is the most trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it.
https://www.coindesk.com › about
.

Is a UK judge ruled that Craig Wright is not the pseudonymous inventor of Bitcoin? ›

Mr Justice Mellor agreed that Dr Wright was not who he said he was. "Dr Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto", he told the court. "Dr Wright is not the person who created the Bitcoin system." He said he would give a full written judgement in due course.

Is first that Dr Wright is not the author of the Bitcoin white paper? ›

The declaration follows: "First, that Dr Wright is not the author of the Bitcoin White Paper. Second, Dr Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period between 2008 and 2011. Third, Dr Wright is not the person who created the Bitcoin system.

Who wrote the white paper and invented Bitcoin? ›

In 2008, a person using the pseudonym Satoshi Nakamoto published a white paper explaining the basics of Bitcoin, a clever idea that eventually became the foundation of a multitrillion-dollar industry. Then, as abruptly as he had emerged, he vanished.

Does Satoshi Nakamoto own Bitcoin? ›

How Many Bitcoin Does Satoshi Have? As a result, Satoshi is estimated to have more than 1.1 million BTC, valued at approximately $47 billion in February 2024. This bitcoin is not stored in one address but spread across roughly 22,000 addresses. None of it was ever spent besides a few test transactions.

Who created the Bitcoin does anyone really know? ›

The legend of Satoshi Nakamoto, the anonymous bitcoin founder, is a mystery built for the digital age. His true identity has become mythologized, and while no one knows who he is, he's become a symbol of a new era of freedom in finance and technology.

Who wrote the white paper for blockchain? ›

The Bitcoin whitepaper is the original thesis paper written under the pseudonym Satoshi Nakamoto on October 31, 2008 that set the basic structure of the Bitcoin network.

Who was the first person to start Bitcoin? ›

Bitcoin was the first cryptocurrency created and is now the most valuable and well known. It was launched in January 2009 by a computer programmer – or group of programmers – using the pseudonym Satoshi Nakamoto. Nakamoto's actual identity has never been verified.

What is the famous Bitcoin whitepaper? ›

Bitcoin Whitepaper - Written by Satoshi Nakamoto in 2008, it describes the original plan and protocol for Bitcoin.

What did the Bitcoin white paper say? ›

In order to ensure that cryptographic structures - the hashes - would not be broken, the Whitepaper suggests reducing all transactions to a single hash - a root hash - which can efficiently be done by using a Merkle tree.

Who created the first block of Bitcoin? ›

On 3 January 2009, the bitcoin network was created when Nakamoto mined the starting block of the chain, known as the genesis block. Embedded in this block was the text "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", which is the date and headline of an issue of The Times newspaper.

Is Craig Wright a pastor? ›

craig wright` - pastor - First Presbyterian Church | LinkedIn.

Who controls Bitcoin? ›

Bitcoin is not controlled by any single group or person. Instead, it is governed by multiple stakeholders — including developers, miners, and users. Developers write the code that makes Bitcoin run; miners validate transactions; and users put the software to work by trading, transacting, holding, and more.

What is the maximum supply of Bitcoin that will ever exist? ›

According to limits set by Satoshi Nakamoto, only a maximum of 21 million bitcoins will ever exist, of which more than 19.5 million have already been mined, leaving fewer than 1.5 million left to be created.

Who is the pseudonymous creator of Bitcoin? ›

The name "Satoshi Nakamoto" is the pseudonym for the person or people who introduced the concept of Bitcoin in a 2008 paper. 1 Nakamoto remained active in the creation of Bitcoin and the blockchain until about 2010 but has not been heard from since.

Who is the founder of the Bitcoin select the pseudonym? ›

Satoshi Nakamoto is the presumed pseudonym used by the person (or persons) who helped develop the first Bitcoin software and introduced the concept of cryptocurrency to the general public via the paper “Bitcoin: A Peer-to-Peer Electronic Cash System” (2008).

Who is alleged Bitcoin founder? ›

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.

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