Bitcoin News: Judgeโs 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 Mellorโs 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 โ Crypto Open Patent Alliance โ 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.
- COPAโs accusations of document forgery against Wright were proven to be substantial and led to the judgeโs 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 judgeโs ruling, several notable figures in the cryptocurrency world shared their opinions on social media:
- Michael Saylor, co-founder of MicroStrategy, succinctly tweeted, โCraig Wright is not Satoshi.โ
- Hodlonaut, known for initiatives like the Lightning Torch, humorously commented that โWe are ALL Satoshi. Except Craig Wright.โ
- Jack Dorsey, co-founder of Twitter and Block, highlighted the official statements made by Judge Mellor regarding Wrightโs claims.
Satoshi Nakamotoโs BTC Wallet Value Update
Previously, there had been discussions about the value of Satoshi Nakamotoโs bitcoin wallet during the initial BTC bull run in February. With Bitcoinโs price fluctuations since then, Nakamotoโs estimated wealth has seen changes:
- During Februaryโs 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 Forbesโ billionaires list.
- If Bitcoin surpassed $73,000, Nakamoto would have climbed even further in global billionaire rankings.
Hot Take: Reflecting on Craig Wrightโs Claims and Bitcoinโs 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 judgeโs 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!
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