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Report: UK Supreme Court Denies Appeal by Self-Proclaimed Bitcoin Inventor Craig Wright

Report: UK Supreme Court Denies Appeal by Self-Proclaimed Bitcoin Inventor Craig Wright

UK Supreme Court Denies Craig Wright’s Appeal in Libel Case

The UK’s Supreme Court has rejected Craig Wright’s request to appeal a ruling in his libel case against podcaster Peter McCormack. Wright, who claims to be the inventor of Bitcoin, had previously been awarded only £1 in compensation for the libel claim. McCormack’s lawyer confirmed that the judgment stands and expressed satisfaction with the outcome.

Who is Craig Wright?

Craig Wright is an Australian computer scientist who has long maintained that he is Satoshi Nakamoto, the pseudonymous author of Bitcoin. He has argued that he owns the copyright to the Bitcoin whitepaper. Last year, a London High Court Judge ruled that Bitcoin.org operators must reveal their identities or face significant legal fees in a case brought by Wright.

Pseudonymous Figures in Crypto

Pseudonymous figures are common in the cryptocurrency community, including influential members and developers. Many have been skeptical of Wright’s claims to be the creator of Bitcoin, and he has faced legal challenges in the past.

Wright’s Ongoing Lawsuits

Craig Wright has pursued multiple lawsuits worldwide related to the Bitcoin whitepaper. In 2022, he sued Coinbase and Kraken over their misrepresentation of “Bitcoin Core” as the actual Bitcoin. He has also hinted at a possible legal battle against Apple over the storage of the whitepaper on its computers. Recent investigations suggest that Satoshi Nakamoto may be a collective entity rather than an individual.

Hot Take: UK Supreme Court Rejects Craig Wright’s Appeal

The UK Supreme Court’s decision to deny Craig Wright’s appeal reinforces previous rulings and affirms Peter McCormack’s victory in the libel case. Wright’s claims as the inventor of Bitcoin have long been met with skepticism, and this legal defeat further undermines his credibility. The cryptocurrency community remains unconvinced by Wright’s assertions, and the ongoing lawsuits surrounding the Bitcoin whitepaper only add to the controversy. As the search for Satoshi Nakamoto’s true identity continues, this latest development serves as a reminder of the challenges faced by those who lay claim to the title of Bitcoin’s creator.

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Report: UK Supreme Court Denies Appeal by Self-Proclaimed Bitcoin Inventor Craig Wright