Craig Wright is not Satoshi Nakamoto! 🚫😱

Bitcoin News: Judge’s Ruling Confirms Craig Wright is Not Satoshi Nakamoto

A recent ruling by Judge James Mellor in the United Kingdom has officially declared that Craig Wright is not Satoshi Nakamoto, the mysterious inventor of the Bitcoin (BTC) network. This decision comes after years of claims by Wright asserting that he is the true creator of Bitcoin.

Judge Mellor’s ruling on March 14, 2024, put an end to the trial and stated definitively that Craig Wright is not Satoshi Nakamoto.
Wright, an Australian computer scientist, has been asserting his identity as Satoshi Nakamoto since 2016.
The lawsuit against Wright was filed by COPA – Crypto Open Patent Alliance – which accused him of extensive document forgery to support his claim.

Implications for the Crypto Community

The ruling that Craig Wright is not Satoshi Nakamoto has significant implications for the entire crypto community. As the supposed inventor of Bitcoin, Satoshi Nakamoto holds a revered position within the industry, and any claims to this identity are closely scrutinized.

COPA’s accusations of document forgery against Wright were proven to be substantial and led to the judge’s decision.
This verdict has sparked reactions from prominent figures in the crypto space, expressing their thoughts on the outcome.

Reactions from Crypto Influencers

Following the judge’s ruling, several notable figures in the cryptocurrency world shared their opinions on social media:

Michael Saylor, co-founder of MicroStrategy, succinctly tweeted, “Craig Wright is not Satoshi.”
Hodlonaut, known for initiatives like the Lightning Torch, humorously commented that “We are ALL Satoshi. Except Craig Wright.”
Jack Dorsey, co-founder of Twitter and Block, highlighted the official statements made by Judge Mellor regarding Wright’s claims.

Satoshi Nakamoto’s BTC Wallet Value Update

Previously, there had been discussions about the value of Satoshi Nakamoto’s bitcoin wallet during the initial BTC bull run in February. With Bitcoin’s price fluctuations since then, Nakamoto’s estimated wealth has seen changes:

During February’s bull run, Nakamoto was believed to hold around $56 billion in assets with 1 million collected coins.
If BTC were valued at $68,000 today, Nakamoto would have ranked higher on Forbes’ billionaires list.
If Bitcoin surpassed $73,000, Nakamoto would have climbed even further in global billionaire rankings.

Hot Take: Reflecting on Craig Wright’s Claims and Bitcoin’s Origins

In light of recent events surrounding Craig Wright and his disputed identity as Satoshi Nakamoto, it raises questions about transparency and authenticity within the crypto space. The judge’s ruling serves as a reminder of the importance of verifiable information and integrity in claiming authorship or ownership over revolutionary technologies like Bitcoin. As you navigate through news and developments in the crypto world, remember to critically assess sources and remain vigilant against misleading claims or misinformation. Stay informed and engaged as you continue your journey through the ever-evolving landscape of cryptocurrencies!