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Another court case fails to unlock the mystery of bitcoins Satoshi Nakamoto | Bitcoin

August 6, 2022
in News
Reading Time: 5 mins read

Who is Satoshi Nakamoto? The mysterious inventor of Bitcoin is a well-known figure in the cryptocurrency world, but his true identity is unknown.

But British blogger Peter McCormack was certain of one thing. The answer is that it’s not Craig Wright.

For years, Australian computer scientist Wright has claimed to be Satoshi, the pseudonymous author of 2008. white paper Behind Bitcoin.

Wright’s claim that he is the inventor of digital assets – he first tried to prove that he was Satoshi, months after his name, 2016 first appeared Has led to a series of legal battles, some of which are ongoing.

One of them reached Pyrrhus’ conclusion in London. this weekwhen it was discovered that McCormack had seriously damaged Wright’s reputation by repeatedly claiming he was a fraud and not Satoshi.

However, Wright, 52, won 1 in nominal damages after a High Court judge ruled that he had submitted “willfully false evidence” to support his defamation claims.

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For cost reasons, McCormack did not offer a truthful defense. In this case, the defendant attempts to show that the allegations are substantially true. Of the tweets repeating the fraud allegations, it was ruled that Wright’s reputation was severely damaged.

“because he [Wright] If he knowingly filed a false lawsuit and gave willfully false evidence until a few days before the trial, he would recover only nominal damages,” the judge wrote.

McCormack’s defense shifted to a narrower position, saying that the video and tweets did not seriously harm Wright’s reputation. He claimed it was badly damaged.

McCormack provided evidence from conference organizers who disputed Wright’s allegations. Those claims were subsequently dropped from Wright’s case at the May trial.

The judge was scathing. He said: “Dr. Wright’s original allegation of serious harm, and the supporting evidence, both up until a few days before the trial, were willfully false.”

Wright, who lives in Surrey and is the chief scientist at blockchain technology company nChain, said: “Not for financial reward, but for principle, and to make others think twice before trying to criticize my reputation. He said he filed a lawsuit because of

And the lawsuits continue to pile up. Wright has other lawsuits pending in the High Court. He also filed a defamation lawsuit against Norwegian Twitter user Marcus Granath, whom the Australian accused of fraud, who recently tried unsuccessfully to drop the case.

Wright also said that digital assets Bitcoin Satoshi Vision (BSV), which he supports, is a true descendant of Hakusho.

The Crypto Open Patent Alliance (Copa), a non-profit organization that supports cryptocurrencies, high court declaration Wright is not the author of the white paper.The lawsuit alleges that Light fabricated evidence produced to support his claim that he was Satoshi. strikeout last year.

Before that, there were more legitimate exchanges. In 2020, Wright lost an attempt to sue early Bitcoin proponent Roger Ver for calling Wright a fraud on YouTube after a judge ruled that the proper jurisdiction for the case was the United States. A year later, Wright Claims of copyright infringement By publishing the whitepaper, we object to the anonymous operator and publisher of the bitcoin.org website. Wright won by default after his bitcoin.org publisher, who goes by the pseudonym Cobra, refused to speak in their defense.

Light in America won in December This saved the family of former business partner David Kleiman from having to pay billions of dollars in Bitcoin. Kleiman’s family claimed he was a Bitcoin co-creator along with his Wright and owned half of his 1.1 million Bitcoins “mined” by Satoshi.

The case was watched closely out of hope that if Wright lost, he would have had to move Bitcoin. These coins are currently worth $25 billion (21 billion) at a current price of around $23,000 and sit on the Bitcoin Blockchain, a distributed ledger that records all Bitcoin transactions.

Satoshi It was published The underlying text of the cryptocurrency Bitcoin: A Peer-to-Peer Electronic Cash System dated October 31, 2008, was emailed back and forth with the currencys first proponents before disappearing in 2011. I was.

Professor Carol Alexander of the University of Sussex Business School said that by using a so-called private key (a secure code consisting of a hexadecimal string of numbers and letters) that unlocks access to Bitcoin, the light can be proved to be Satoshi.

The only way Wright can prove that he is SN is by trading some of the original Bitcoin, she said.

Wright affirms that he will not do this. say private key Do not prove ownership or identity. There are few other candidates for Satoshi. In 2014, Japanese-American Dorian S. Nakamoto was named by Newsweek as the creator of Bitcoin, quickly denying any connection with the digital currency. More informed speculation centers on Nick Szabo, the American computer scientist who designed BitGold, and is considered the conceptual precursor to Bitcoin.but he also has denied the allegation that he might be Satoshi.

Meanwhile, Justice Chamberlain left questions unanswered. “Satoshi’s identity is not among the issues I have to decide,” he said.

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