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COPA Seeks Court Injunction Against Craig Wright Over Claims of Being Bitcoin Creator Satoshi Nakamoto

Algoine News
Summary:
The Crypto Open Patent Alliance (COPA) has begun presenting its closing arguments in a London court in a lawsuit against Craig Wright, the Australian computer scientist who claims to be the pseudonymous Bitcoin creator Satoshi Nakamoto. COPA is seeking an injunction to stop Wright from continuing to assert he is Nakamoto and also plans to refer documents provided by Wright in this case for perjury charges. Wright, known for his aggressive legal behavior, has faced multiple accusations of creating false documents to support his claim. Meanwhile, intellectual property rights continue to be a major issue in the trial, notably due to Wright's numerous lawsuits against prominent Bitcoin contributors and companies over copyright violations.
In the litigation initiated by the Crypto Open Patent Alliance (COPA) against Craig Wright, an Australian computer scientist professing to be the enigmatic creator of Bitcoin โ€“ Satoshi Nakamoto, the concluding statements were initiated in a London court on March 12. COPA laid out its case first, with the summations expected to extend over the following three to four days. The intended outcome for COPA is obtaining a court order to halt Wright from continuously asserting his identity as Nakamoto. In order to accomplish this, COPA, as the plaintiff, is tasked with proving that Wright is not, in fact, Nakamoto, an alias he has claimed since 2016. (Courtesy: @BitMEXResearch) Serious accusations have been leveled against Wright, suggesting gross fabrication of the documents he displayed as evidence of his identity as Nakamoto. COPA's closing speech declared Wright a prolific liar, accusing him of creating entirely fictional biographical details and producing a series of falsified documents to back it up. In its final argument, COPA announced its intention to submit Wright's documents from the case to the Director of Public Prosecutions for consideration of perjury charges. The trial took off on February 5, and although Wright proposed settling the dispute outside of court on January 24, COPA didn't oblige. Established in 2020, COPA aims to promote the evolution and expansion of cryptocurrency technologies while eliminating patents as a hurdle to growth and innovation. Its members, totaling 33, encompass major players like Coinbase, Block, Meta, MicroStrategy, Kraken, Paradigm, Uniswap, and Worldcoin. Wright is known to possess numerous patents related to blockchain technology. (Courtesy: @Dr_CSWright) The looming issue of intellectual property rights interrupts the normal proceedings of the trial. Wright, known for his aggressive legal behavior, sued a collection of 13 developers from Bitcoin Core and companies such as Blockstream, Coinbase, and Block for copyright breaches relating to the Bitcoin white paper, its file format, and database rights linked to the Bitcoin blockchain, back in 2023. The Bitcoin Legal Defense Fund expressed how long-standing contributors to the Bitcoin community have been targeted by unjust lawsuits, leading many to drop their activities due to the financial and legal risks involved. Wright applied for U.S. copyright registration for the Bitcoin white paper and the contained code in 2019. Currently, an active lawsuit is pursuing rights to the white paper in the U.K. The Bitcoin white paper is now protected under an open-source license provided by MIT, enabling anyone to adapt and modify the code for any desired usage. A court injunction would prohibit Wright from filing any further copyright claims pertaining to it.

Published At

3/12/2024 10:18:42 PM

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