Self-styled Bitcoin creator Craig Wright faces trial to prove his identity
Craig Wright, who claims to be Satoshi Nakamoto, appeared in court on Monday to defend himself against well-funded prosecutors seeking to prove that he is not the real creator of Bitcoin. This legal battle is expected to put an end to the numerous lawsuits launched by Wright against the crypto community, which has largely doubted his claims.
The first day of trial sets the stage for arguments from both sides
The trial began with skeleton arguments presented by both Wright and the prosecutors. On Tuesday, Wright’s lawyers will present his full case. The Crypto Open Patent Alliance (COPA), backed by Meta (formerly Facebook) and Block, is opposing Wright in court. COPA accused him of terrorizing bloggers who have disputed his claim.
Experts and critics doubt Wright’s credibility
Experts and analysts have expressed skepticism towards Wright’s claims. One critic referred to this trial as “the beginning of the end of an extremely stupid, quite painful era.” Bloomberg ETF analyst James Seyffart called out the extent of lies and forgeries from Wright as “borderline unbelievable.”
Conclusion
The trial is expected to conclude next month, followed by a written decision at a later date. This could mark a significant turning point in Craig Wright’s ongoing battle to prove his identity as Satoshi Nakamoto.
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