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"COPA Accuses Craig Wright of Massive Lies About Creating Bitcoin, UK Judge Agrees"
cryptocurrencytechnology2.41 min read

"COPA Accuses Craig Wright of Massive Lies About Creating Bitcoin, UK Judge Agrees"

1 year agoSource: Fortune
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High Court Rules Australian Computer Scientist Not Bitcoin Creator Satoshi Nakamoto
cryptocurrencytechnology
2.775 min1 year ago

High Court Rules Australian Computer Scientist Not Bitcoin Creator Satoshi Nakamoto

The high court in London has ruled that Australian computer scientist Craig Wright is not the pseudonymous creator of bitcoin, Satoshi Nakamoto, ending a two-month trial. The judge concluded that the evidence overwhelmingly showed Wright was not the author of the bitcoin white paper, did not operate under the pseudonym Satoshi Nakamoto, did not create the bitcoin system, and was not the author of the initial versions of the bitcoin software. Wright was sued by the Crypto Open Patent Alliance, which accused him of fabricating evidence. The court's ruling is seen as a win for the open source community and ends years of Wright's claims about being Nakamoto.

More Cryptocurrencytechnology Stories

Coinbase Glitch Wipes Out Balances Amid Bitcoin Surge

Originally Published 1 year ago — by CoinDesk

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Source: CoinDesk

Coinbase users experienced $0 account balances amid a significant bitcoin rally, prompting the exchange to investigate the issue. The problem occurred as bitcoin surged past $60,000 before quickly dropping back down, with its all-time high within reach. Other exchanges like Kraken did not report similar technical problems. This outage is not the first for Coinbase, as previous incidents have occurred during periods of heavy trading and price volatility.

"Satoshi Nakamoto's Insights on Bitcoin Supply, Energy Debate, and Investment Warning"

Originally Published 1 year ago — by BeInCrypto

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Source: BeInCrypto

Emails purportedly from Bitcoin creator Satoshi Nakamoto reveal that the decision to cap Bitcoin's supply at 21 million tokens was a deliberate choice to align pricing dynamics with established currencies and ensure scalability for a worldwide currency system. The correspondence also delves into Bitcoin's portrayal as an investment, concerns about energy consumption, and anonymity, offering valuable insights into its early development and foundational principles.

"Satoshi Nakamoto Revelations: Unveiled Emails, Trial Confessions, and Crypto Predictions"

Originally Published 1 year ago — by Bitcoinist

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Source: Bitcoinist

Unseen emails between Adam Back and Satoshi Nakamoto have been revealed in the ongoing trial between COPA and Craig Wright, who claims to be Nakamoto. The emails, dating back to August 2008, shed light on the technical underpinnings of Bitcoin and challenge Wright's claims of inspiration from B-money. The trial is seen as pivotal for Bitcoin's future, with COPA aiming to keep BTC's foundational documents in the public domain to ensure open and collaborative development within the digital currency ecosystem.

"OpenAI's Text-to-Video Model Sparks Rally in AI-Related Crypto Assets"

Originally Published 1 year ago — by The Daily Hodl

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Source: The Daily Hodl

OpenAI launches Sora, a text-to-video AI model, causing a surge in AI-related crypto assets Livepeer (LPT) and SingularityNET (AGIX). Both assets have since retraced but are trading higher. Livepeer aims to integrate text-to-video technology into its network as part of its AI Video initiative in the coming months, providing affordable and open access to developers and creators.

"Craig Wright's Trial: The Battle Over Bitcoin's Creator"

Originally Published 1 year ago — by Fox Business

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Source: Fox Business

Australian computer scientist Craig Wright is claiming in a UK trial that he is the mysterious creator of Bitcoin, known as "Satoshi Nakamoto," but is being challenged by the Crypto Open Patent Alliance. The organization accuses Wright of fabricating evidence and seeks to oppose his attempts to gain control of Bitcoin's intellectual property rights. Despite Wright's claims, critics point to a lack of hard evidence and inconsistencies in his documents, as well as his refusal to publicly move a token amount of Bitcoin to prove his claims. The trial is ongoing, with a judge expected to make a final ruling at a later date.

"Craig Wright's Denial of Bitcoin Forgery Claims Takes Center Stage in COPA Trial"

Originally Published 1 year ago — by CoinDesk

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Source: CoinDesk

Craig Wright denies forging evidence to prove he is Satoshi Nakamoto on the second day of the COPA trial, claiming that inconsistencies in documents actually prove their authenticity. He faces cross-examination and accusations of industrial-scale forgery from an alliance of crypto advocates and developers. Wright attributes inconsistencies to self-plagiarizing, printing errors, and other factors, while facing scrutiny over evidence including credit card payments, emails, and tweets. The trial is ongoing, with Wright's interrogation scheduled to continue until at least Feb. 13.

"Craig Wright's Denial and the Search for Bitcoin's True Creator"

Originally Published 1 year ago — by The Associated Press

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Source: The Associated Press

Australian computer scientist Craig Wright is testifying in a London court, claiming to be the mysterious creator of bitcoin, known as Satoshi Nakamoto. A nonprofit group is challenging his assertion, alleging that his claim is based on forgery and false narratives. The trial will determine not only the bragging rights to the creation but also the control of intellectual property rights. Wright's claim has led to litigation against developers, and the ruling will impact pending lawsuits. Despite skepticism in the cryptocurrency community, Wright has won court cases and testified to owning a significant amount of bitcoin. The trial is ongoing, with intense scrutiny over the authenticity of documents supporting Wright's claims.

"Craig Wright's Trial Exposes Alleged Forgeries and Brazen Lies in Bitcoin Creator Claim"

Originally Published 1 year ago — by CoinDesk

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Source: CoinDesk

The trial to determine Craig Wright's claim to be Bitcoin creator Satoshi Nakamoto has begun in a U.K. court, with the Crypto Open Patent Alliance (COPA) alleging that Wright forged his proof. Wright maintains his identity as Satoshi and has legally pursued members of the crypto community for copyright violations. The trial will continue with Wright's testimony and cross-examination, as COPA seeks to prove that he is not the true creator of Bitcoin.

"Craig Wright's Legal Battle to Prove Himself as Bitcoin's Creator"

Originally Published 1 year ago — by Forbes

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Source: Forbes

The UK High Court is set to determine if Craig Wright, an Australian computer scientist, is the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Wright has been claiming to be Satoshi since 2016 without providing evidence, and the trial could impact his ongoing legal disputes. Despite extending a settlement offer, the Crypto Open Patent Alliance (COPA) rejected it, citing concerns about Wright's alleged forgeries and the need for better substantiation of his Satoshi claim. The trial is expected to last at least four weeks.

"AI Token Surge: Musk's X Corp Unveils xAI Shareholding, Investors to Own Quarter of xAI"

Originally Published 2 years ago — by CoinDesk

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Source: CoinDesk

AI-focused tokens experienced a surge in value as Elon Musk announced that shareholders of X Corp would have a 25% stake in the new AI venture xAI. The news, along with reports of Sam Altman possibly returning to the board of OpenAI, bolstered bullish sentiment for the AI token sector. Bittensor's TAO rose 4.2%, while Ocean Protocol's OCEAN, Fetch AI's FET, and SingularityNet's AGIX saw gains of up to 16% in the past 24 hours. AI tokens have gained traction as traders anticipate a potential bull run in the coming years, similar to the gaming and DeFi token boom of the previous market cycle.