Bitcoin

Australian man Craig Wrights claim he invented bitcoin to be considered by UK court | Bitcoin | The Guardian

An Australian computer scientist who claims to have created bitcoin is taking legal action in the UK, which could force a court to decide whether he is actually the cryptocurrency’s inventor.

This week, the london high court allowed lawyers for craig wright to go after the operator and publisher of the bitcoin.org website, called cobra, for what they say is copyright infringement, according to documents filed with the court seen by Reuters.

Reading: New uk bitcoin court could craig

The case depends on who wrote the bitcoin white paper, which first described the technology behind the digital currency, under the pseudonym satoshi nakamoto in 2008.

Nakamoto’s identity has long been a hot topic and Wright’s claim that he is the author is fiercely disputed, most notably by Cobra.

“bitcoin.org is not based in the uk and craig’s copyright claims on the white paper can easily be verified as false…” cobra sent a message to lawyers for wright, ontier , via twitter on January 20, according to the court. presentations.

wright, who lives in britain and says he has evidence to back up his claims, accused cobra of improperly controlling the bitcoin.org website and demanded it withdraw the white paper.

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“the case will revolve around whether the court is satisfied that dr. Wright authored and owns the copyright to the white paper and therefore that he is Satoshi Nakamoto,” said Simon Cohen, attorney for Ontier. representing wright.

bitcoin.org has rejected demands by wright’s attorneys to remove the white papers, dismissing the copyright infringement claim as “meritless” in January.

Contacted by email, Cobra said: “Someone who is obviously not the inventor of bitcoin has threatened us to take down the bitcoin white paper (if he was, that would make him the 25th richest person in the world). , which obviously isn’t).

“It appears that he is trying to abuse the UK courts into trying to censor the white paper and harass small websites like ours that provide educational content with his behaviour.”

It is unclear whether Cobra will reveal his identity to defend the claim and avoid risking a default judgment in favor of Wright.

wright’s legal team said the purpose of the case was not to limit access to the white paper, nor to “silence or intimidate anyone,” but rather to protect their intellectual property rights.

See also: Why Do Bitcoins Have Value? | NextAdvisor with TIME

“Likewise, dr wright does not want to restrict access to his white paper, but he does not agree that supporters and developers of alternative assets, such as bitcoin core, should use it to promote or misrepresent those assets as if they were bitcoin, as they do not support or align with the vision of bitcoin as laid out in its white paper.”

Bitcoin has surged in value this year, surging nearly 90% to hit a record high of almost $65,000 last week.

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In 2015, the australian tax office investigated wright for his relationship with bitcoin. Australian Federal Police raided his home in Sydney, leading to speculation that he might be Nakamoto.

In 2016, Wright claimed to be Nakamoto, but experts questioned the evidence he provided. he promised to provide more evidence, but backed off days later, saying he was “sorry” and “didn’t have the courage.”

a review of a us court ruling. uu. in 2019 on whether wright should hand over up to half of his alleged bitcoin holdings to the estate of his alleged former business partner david kleiman, has been delayed due to the covid-19 pandemic, and won’t start until June.

The judge in the original case stated in the ruling that the court is “not required to and does not decide” whether Wright is Nakamoto, and the court was not required to and did not decide how much of Bitcoin Wright controls today.

Reuters contributed to this report.

See also: Fact or Myth: Cryptocurrencies are more traceable than paper money  – Nairametrics

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