Is Craig Wright the Real Bitcoin Founder Satoshi Nakamoto? London Judge Has Finally Revealed the Answer

By Jace Dela Cruz

Mar 15, 2024 03:30 AM EDT

A London judge ruled on Thursday that Australian computer scientist Craig Wright was not Satoshi Nakamoto, the founder of bitcoin.

Australian computer scientist Craig Wright arrives at the High Court in London on February 5, 2024. A court case starting in London will seek to determine whether Wright invented bitcoin, the world's first and biggest cryptocurrency.
(Photo : DANIEL LEAL/AFP via Getty Images)

Craig Wright Is Not the Bitcoin Founder Satoshi Nakamoto

According to Business Insider, London judge Edward Mellow ruled that Craig Wright did not invent the world's largest cryptocurrency as he was not Satoshi Nakamoto.

Mellow maintained that Wright did not write the famous 2008 white paper, which was the foundational text for bitcoin and other digital currencies, published under the name "Satoshi Nakamoto." 

The ruling stemmed from a case filed by the Cryptocurrency Open Patent Alliance (COPA), a group of computer developers backed by Twitter co-founder Jack Dorsey, who previously told the court that Wright's claim that he's the real Satoshi Nakamoto was "a brazen lie." 

COPA sued Wright over his persistent assertions that he invented bitcoin. Wright has been claiming for years that since he was the author of the white paper, he owns the copyright in the paper and has intellectual property rights over the bitcoin blockchain.

However, he has not convinced most of the broader crypto community. COPA said Wright had not provided any genuine proof and accused him of repeatedly forging documents to support his claim.

READ NEXT: Is Craig Wright the Real Bitcoin Founder Who Vanished From the Internet Over a Decade Ago? London Court to Decide Soon

Statement of COPA on London Judge Ruling on Craig Wright Case

In response to the ruling, COPA celebrated the court's decision as a victory for developers, the open-source community, and "the truth."

"For over eight years, Dr. Wright and his financial backers have lied about his identity as Satoshi Nakamoto and used that lie to bully and intimidate developers in the bitcoin community. That ends today with the court's ruling that Craig Wright is not Satoshi Nakamoto," COPA said in a post on X.

In a statement posted on X, COPA cited the judge's findings that Wright is not Satoshi Nakamoto, did not create the bitcoin system, and did not author the white paper and the initial versions of the bitcoin software. The court will reportedly deliver a written judgment at a later date. 

Satoshi Nakamoto is a fictitious name of the bitcoin founder who hid his identity only to vanish in 2011, or two years after he unleashed his digital currency to the world. 

Whoever invented bitcoin is reportedly sitting on a massive stash of cryptocurrency now worth more than $46 billion, making them one of the world's wealthiest people.

READ MORE: Memecoins Like Dogecoin and Shiba Inu Surge as Bitcoin Rally Continues

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