Alleged inventor of bitcoin wins copyright lawsuit | finance

Craig Wright, the famous computer scientist who claims to be the creator of bitcoin (BTC), Satoshi Nakamoto, received his first court victory in a copyright infringement lawsuit against the operator of the website, which goes by the pseudonym of “Snake”. The London Supreme Court issued an injunction in favor of the alleged inventor of the first cryptocurrency, demanding that they stop making available the digital currency white paper, which was signed by Nakamoto in 2008.

Alleged inventor of bitcoin has first victory in court (Image: Tumisu/Pixabay)

The inventor of bitcoin remains unknown to this day. He has always been an anonymous figure, going by the pseudonym “Satoshi Nakamoto”. Australian Craig Wright is one of countless people who claim to be the real creator of the cryptocurrency, but he is the one who has taken his story further.

In April, Wright was heard by the London Supreme Court about his case against Cobra, which began in January 2021. Among several lawsuits the computer scientist has filed over the years, this became the first that won him a victory. Cobra will have to withdraw the white paper from the platform, which was created exclusively for educational purposes about cryptocurrency. In addition, the site operator must pay about $48,500 for “infringing copyright.”

Justice acknowledges that Wright is Satoshi Nakamoto

Money is not the real victory for Wright. This is the first case in which justice has recognized that he is in fact Satoshi Nakamoto, even though it is almost impossible to know for sure. In 2015, the Wired it briefly established him as the creator of bitcoin, but withdrew the publication and reported that the revised evidence was fraudulent.

However, Wright did not give up. He has brought to justice numerous times using the libel laws of Norway and England against anyone who contradicts him. In addition, he copyrighted the bitcoin white paper and its original code in the United States.

Wright vs Cobra

The case against Cobra has been going on for half a year. As much as the London Supreme Court has issued an injunction in Wright’s favor, the operator can and will appeal. “The bitcoin white paper was included in the original cryptocurrency project files, clearly published under the MIT license by Satoshi Nakamoto,” he wrote in a first response against the charges.

London Supreme Court rules in favor of Wright (Image Tingey Injury Law Firm/Unsplash)

London Supreme Court rules in favor of Wright (Image Tingey Injury Law Firm/Unsplash)

“We believe there is no doubt that we have a legal right to host the bitcoin white paper. Also, Satoshi Nakamoto has a known PGP public key, so it is cryptographically possible for someone to verify that he is Satoshi Nakamoto. Unfortunately, Craig wasn’t able to do that,” Cobra claimed at the time.

He refused to comply with Wright’s lawyers’ first subpoena, said he would not be “silenced” and would pursue the case. Then, the alleged creator of bitcoin took the case to court in a formal copyright infringement lawsuit in January. Cobra was notified and had until May 18 to present his defense.

Now, the Court has ruled that Cobra did indeed infringe Wright’s copyright and, in addition to the damages, his website must publish the court decision for 6 months and remove the white paper from bitcoin. If the case itself wasn’t curious enough, the operator also goes under a pseudonym and his identity is still unknown today. Therefore, it is still uncertain what measures could actually be applied to your natural person. However, the website may be subject to legal intervention.

Snake calls Wright a liar

Until the time of publication of this matter, the white paper remains available on the website and the court order was not disclosed. Cobra spoke up on Twitter, with harsh criticisms about the process itself, the justice system and Wright. He again called the computer scientist “a notorious liar.”

Cobra also suggested paying compensation to Wright for “block 9”, which was extracted by Satoshi Nakamoto in 2009, generating a cryptographic address for sending the funds. That way, if he really is the creator of bitcoin, he would receive compensation.

With information: TorrentFreak

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