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Impact on Bitcoin's credibility by end of 2024 following the Craig Wright ruling
5
UK•Court•Craig Wright•Australian•Satoshi Nakamoto•Bitcoin•James Mellor•Crypto Open Patent Alliance•COPA•Wright
Resolution / Starting Odds
Significantly Positive • 33%
Neutral • 34%
Significantly Negative • 33%
Financial analysts' reports, crypto news platforms
Story
UK High Court Rules Craig Wright Lied and Forged Documents in COPA Case Over Satoshi Nakamoto Claim
May 20, 2024, 12:57 PM
A UK High Court judge has ruled that Craig Wright, an Australian computer scientist, lied extensively and forged documents on a grand scale in an attempt to prove he is Satoshi Nakamoto, the creator of Bitcoin. The ruling, delivered by Judge James Mellor, was part of a case brought by the Crypto Open Patent Alliance (COPA). The judgment prevents Wright from bringing further lawsuits in the UK and highlights his serious abuse of court procedures. The written judgment spans 231 pages and concludes that Wright's claims were unsupported by credible evidence. The ruling is seen as a significant win for the Bitcoin community and may have implications for other jurisdictions.
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Decreased trust in Bitcoin • 33%
No change in trust • 34%
Increased number of lawsuits • 33%
Decrease in lawsuits • 33%
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Increase in similar lawsuits • 33%
Discouragement of similar lawsuits • 33%
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Encourages more lawsuits • 33%
Deters similar lawsuits • 34%
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Negative • 50%
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