IT expert convicted for repeatedly lying about the invention of Bitcoin

A computer scientist has been found to have been in contempt of court for falsely and persistently claiming to be the mysterious inventor of Bitcoin, Satoshi Nakamoto.
In March, The Supreme Court ruled Craig Wright was not Satoshi, and ordered him to stop claiming to be Satoshi.
However, he has continued to file legal cases asserting that he has intellectual property rights to Bitcoin, including claiming that he is owed $1.2 trillion (£911 billion).
A judge said it constituted a “flagrant breach” of the original court order and sentenced him to 12 months in prison, suspended for two years.
This means that if Wright – who is from Australia but lives in the UK – continues to claim that he invented cryptocurrency, he will face prison.
However, Wright, who appeared via video link, refused to reveal his whereabouts, saying only that he was in Asia.
This means that an international arrest warrant must be issued if UK authorities want to arrest him.
Wright’s actions were described in court as “legal terrorism” that “puts people through personal hell” in his campaign to be recognized as the inventor of Bitcoin.
The judge, Mr Justice Mellor, said Wright’s arguments were “legal nonsense” but acknowledged he was not in the UK and “appears to be well aware of countries with which the UK does not have extradition arrangements”.
‘Lied on a massive scale’
Beginning in 2016, Wright He claimed to be the man Behind the mysterious moniker Satoshi Nakamoto – commonly known as Satoshi – is the person who invented the world’s first and largest cryptocurrency.
As the founder of Bitcoin, Satoshi could be one of the richest people in the world.
The inflated value of cryptocurrency – which Shoot Since Donald Trump was elected President of the United States – this means they will have an estimated $100bn (£80bn) worth of Bitcoin in their digital wallets.
However, Wright failed to provide concrete evidence for his claim, which has been largely ignored by the cryptocurrency world.
In an attempt to assert that he was Satoshi, he filed costly legal cases against people and companies that challenged him.
His actions prompted a coalition of industry companies – the Cryptocurrency Open Patent Alliance (COPA) – to force a Supreme Court trial this year to prevent him from pursuing any further legal cases.
The judge ruled in their favor, saying Wright had “lied extensively” to support his false claim.
Cuba’s lawyer, Jonathan Hogg, said elements of Wright’s conduct during the trial “entered into a farce” – but he told the court they also had “deadly serious” consequences and created a “chilling effect” on the industry.
Wright is one of many people who have been identified either by themselves or by others as Satoshi.
However, all of those have claims It was either debunked or rejectedWhich means the search for the true creator of Bitcoin continues.