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Craig Wright Sentenced to 12 Months Suspended Prison for Five Counts of Contempt of Court and Ordered to Pay Costs

Dec 19, 2024, 04:59 PM

Craig Wright, an Australian computer scientist who claims to be the inventor of Bitcoin, has been sentenced to 12 months in prison, suspended for two years, after being found guilty of contempt of court by a London judge. The ruling followed a lawsuit in which Wright was accused of breaching several court orders related to his assertion of inventing Bitcoin. The judge determined that Wright had violated a court order that barred him from pursuing legal actions based on his claims to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Wright's contempt was established on five counts, and he has been ordered to pay the costs associated with the case. The sentence reflects a significant legal setback for Wright, who has faced scrutiny for his claims regarding the creation of Bitcoin.