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Self-Proclaimed Bitcoin Creator Faces Court Contempt

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Craig Wright Satoshi Nakamoto, the discredited “self-proclaimed” creator of Bitcoin, faces another legal hurdle. According to multiple reports, a British court brought contempt of court charges against Wright. The filing is based on Wright’s £911 million ($1.1 billion) complaint against Block’s Square Up Europe Limited.

The charge It is the latest development in the saga of Craig Wright, who captured the imagination of the cryptocurrency community with his declaration that he is “the real Satoshi Nakamoto.” The Supreme Court of England and Wales has already shut down Wright’s arguments.

The court He later issued an injunction on Wright, thus preventing him from suing BTC developers later. But Wright had other ideas and sued the developers. The court responded by charging Wright with contempt of court sanctions.

Wright’s lawsuit violates the latest injunction

After a UK court discredited his claims of being Satoshi, Wright responded and filed another case. Once again, he targeted Bitcoin’s core developers and claimed that the team misrepresented Bitcoin as the original Bitcoin. Wright argued that the true version of Bitcoin is BSV.

BTCUSD trading at $69,155 on the daily chart: TradingView.com

The Block and the Crypto Open Patent Alliance (COPA) immediately responded that Wright’s latest complaint violates the injunction. At today’s court hearing, Wright witnessed the deliberations on the contempt motion filed by Block and COPA.

Wright’s physical presence was also the subject of heated debate, with Wright saying he has autism and asking to be allowed to attend the hearing online. The court responded by requiring Wright to provide more evidence about his condition.

But who is Satoshi Nakamoto?

For many years, the cryptocurrency community has been fascinated by the story and mystery behind it Satoshi Nakamoto. A few individuals have come forward claiming to be Bitcoin developers, one of them being Craig Wright. However, the Supreme Court of England dismissed Wright’s argument, adding that Wright had lied and falsified public documents.

The presiding judge said in a statement that Wright presented himself as intelligent. The judge added that during the court proceedings, Wright lied extensively. Immediately after the decision was issued, Wright’s website now has a legal memo stating this He is not the real Satoshi Nakamoto.

Legal trouble coming for the “real Satoshi”

Aside from Wright, few people have been identified as the “real Satoshi.” There, for example, Documentary on HBO Last October, Peter Todd was unveiled as the true father of Bitcoin. Todd previously rejected HBO’s claim, and the documentary heightened Todd’s safety concerns.

Featured image from Protos, chart from TradingView

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