UK Judge Delivers Landmark Verdict: Craig Wright is Not Satoshi Nakamoto, Creator of Bitcoin

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15/03/2024 21h13

UK Judge Declares Craig Wright is Not Satoshi Nakamoto, the Creator of Bitcoin

In a groundbreaking verdict, UK Judge James Mellor has ruled that Australian entrepreneur Craig Wright is not the elusive Satoshi Nakamoto, the mastermind behind the creation of Bitcoin. The decision was reached following the conclusion of the Crypto Open Patent Alliance (COPA) trial, during which overwhelming evidence was presented to debunk Wright's claims.

During the trial, COPA meticulously scrutinized both technical and circumstantial evidence to dismantle Wright's assertions of being Bitcoin's creator. The evidence presented not only discredited Wright's claims but also shed light on his alleged fraudulent activities and extensive forgeries.

Among the key points raised by COPA was the creation of the Bitcoin White Paper. It was revealed that the document was generated using OpenOffice, contradicting Wright's insistence that it was produced in LaTeX. This inconsistency significantly undermined Wright's credibility.

COPA also presented evidence regarding an exchange between Satoshi Nakamoto and Adam Back, the CEO of Blockstream. Wright had claimed that Back dismissed the Bitcoin concept and predicted its failure in response to Nakamoto's correspondence in August 2008. However, Adam Back's email correspondence contradicted Wright's account, further solidifying doubts about Wright's credibility.

The trial also focused on the influence of Wei Dai's work on Satoshi Nakamoto. It was uncovered that Nakamoto discovered Wei Dai's b-money proposal in August 2008, as evidenced by correspondence with Adam Back. In contrast, Wright falsely claimed a "long-standing captivation" with Wei Dai's work since the late 1990s and allegedly fabricated collaborations with Professor Wrightson, who supposedly introduced him to Wei Dai's research.

The authenticity of the Satoshi PGP key was also scrutinized during the trial. The judge concluded that a true Satoshi Nakamoto would have known that the PGP key was created, published, and used before 2011, and that its main purpose was as a signing key not tied to a specific email account. Wright's conflicting accounts regarding the PGP key only added to the doubts surrounding his claim.

Furthermore, COPA debunked Wright's claims about hosting the Bitcoin White Paper website. Wright had asserted that it was hosted on his Melbourne server, but evidence pointed to a free file hosting service based in Dubai called Upload.ae as the actual source.

Additional evidence presented during the trial refuted Wright's accounts of the Bitcoin System's susceptibility to Microsoft patches issued in January 2009 and the scale and cost of early mining operations.

The Genesis Block, a fundamental aspect of the Bitcoin network, also became a point of contention. Wright made a significant error by claiming no public key was associated with the Coinbase transaction, further eroding his credibility and knowledge of key Bitcoin network features.

Lastly, COPA presented evidence dispelling Wright's claims of authoring a July 2010 cryptocurrency post falsely attributed to Martti Malmi, the second Bitcoin developer after Satoshi Nakamoto. Judge Mellor emphasized that the real Satoshi Nakamoto would have acknowledged authorship when presented with clear evidence to the contrary, unlike Wright, who persistently clung to falsehoods.

With the comprehensive evidence presented during the COPA trial, it has become indisputable that Craig Wright is not Satoshi Nakamoto. Judge Mellor's forthcoming ruling is expected to solidify this conclusion, marking a significant milestone in the ongoing quest to uncover the true identity of Bitcoin's creator.

The views expressed in this article do not reflect the opinion of ICARO, or any of its affiliates.

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