Craig Wright Sentenced to 12 Months in Prison for Contempt of Court

Craig Wright, an Australian computer scientist who has long claimed to be the creator of Bitcoin, has been found guilty of contempt of court and sentenced to 12 months in prison, with the sentence suspended for 24 months.

The ruling comes after a U.K. court dismissed Wright’s Β£900 billion intellectual property claim, in which he sought copyright ownership of the Bitcoin whitepaper and key code databases. This claim was met with opposition from the Crypto Open Patent Alliance (COPA), which sued Wright in the United Kingdom to end his claims of being Satoshi Nakamoto, the pseudonymous creator of Bitcoin.

Perjury Investigation and Court Testimonies

Prominent figures in the Bitcoin community, including Adam Back, the designer of the proof-of-work consensus model, testified against Wright during the court case. Wright’s actions ultimately led to a court declaration that he was “Not Satoshi,” and he was found to have committed contempt of court during his legal bid to assume Nakamoto’s identity.

Key points in the case include:

  • Craig Wright was found guilty of contempt of court for his actions during the trial.
  • Wright’s Β£900 billion intellectual property claim was dismissed by the court.
  • The Crypto Open Patent Alliance (COPA) successfully sued Wright to end his claims of being Satoshi Nakamoto.
  • Wright has stated that he will appeal the court’s verdict.

“Craig Wright lied extensively and repeatedly about creating Bitcoin,” stated a UK judge.

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