Australian Craig Wright, who claims to be the inventor of Bitcoin, has been given a one-year suspended prison sentence for contempt of court.
Craig Wright , the man who claims to have invented Bitcoin, has been given a one-year suspended prison sentence for contempt of court . The sentence was handed down by Justice James Mellor of the English High Court. Who ruled Wright was an impostor in the spring.
The conviction is related to his violation of previous court orders barring Wright from filing lawsuits based on his claim to be Satoshi Nakamoto . The creator of Bitcoin. Regardless, Wright recently filed a £911 billion lawsuit against Jack Dorsey’s company Block.
A “flagrant breach” of the judiciary order was what Judge Mellor described as the action. The prison sentence is suspended for two years. Meaning Wright will only effectively end up behind bars if he continues to violate the court’s orders.
Wright did not appear in person at the hearing as required. Instead attending via video conference from an unspecified location in Asia. The judge observed that Wright “appears to be knowledgeable of the nations. With which the UK has no extradition treaties.”
As mentioned above, the High Court had already ruled in March that Wright is not Satoshi Nakamoto . And ordered him to stop claiming to be the creator of Bitcoin. The judge also determined that Wright had lied “extensively and repeatedly” and manipulated papers “on a massive scale” to back up his bogus allegations.
The Crypto Open Patent Alliance (COPA). An organization that works to preserve the open-source nature of Bitcoin, had taken Wright to court to prevent him from suing Bitcoin developers.
Wright has announced that he will appeal the ruling . Although his credibility in the cryptocurrency community and beyond has now been definitively compromised by these legal events.https://youtu.be/H9Ov-6x9T4Y?si=4WgxjgOvRyy5XOr9