🔥 Land A High Paying Web3 Job In 90 Days LEARN MORE

Bitcoin White Paper Gets Restored on Bitcoin.org

In this post:

  • Bitcoin white paper is back on Bitcoin.org after being removed due to litigations involving Craig Wright.
  • He had previously sued and won against Bitcoin.org’s anonymous operator, Cobra.
  • Wright’s copyright claims were invalidated after being debunked by COPA.

The Bitcoin white paper has returned to Bitcoin.org. This important document, which introduced the cryptocurrency to the world, was removed due to legal battles involving Craig Wright, who claims to be Satoshi Nakamoto, the creator of BTC.

Also Read: Bitcoin Heads for $140K if History Repeats Itself

Wright’s attempt to prove his claim in court failed, leading to the white paper’s re-upload. Hennadii Stepanov, the maintainer of Bitcoin.org, announced this event by sharing the PDF link to the white paper on X.

Court Invalidates Wright’s Claims to Bitcoin’s White Paper

In 2021, Wright sued Cobra, the anonymous group managing Bitcoin.org, for copyright infringement. He won by default because Cobra chose not to defend the case. Consequently, Cobra had to pay £35,000 ($40,100) in legal fees, and the white paper was removed from the website. Wright had filed for a U.S. copyright registration for the white paper in 2019.

Last year, he filed another lawsuit against 13 Bitcoin Core developers and several companies, including Blockstream, Coinbase, and Block, for similar copyright violations. The Bitcoin Legal Defense Fund stepped in, highlighting the trend of abusive lawsuits targeting prominent contributors.

See also  AUSTRAC to crack down on crypto ATMs due to money laundering risks in Australia

Also Read: BTC Can Reach $75k Before Summer

They argued that such legal actions hinder development due to the time, stress, expenses, and risks involved. However, Wright’s claims were decisively debunked. His assertion of being Satoshi Nakamoto was invalidated, rendering his copyright claim on the white paper null.

Wright Accused of “Grand Scale Forgery”

The UK High Court, led by Justice James Mellor, ruled against Wright, stating he lied “extensively and repeatedly” and committed forgery “on a grand scale.” Mellor’s judgment, published on May 20, declared that he deliberately produced false documents to support his false claims.

It is clear that Dr. Wright engaged in the deliberate production of false documents to support false claims and use the Courts as a vehicle for fraud.

Mellor
Bitcoin White Paper Gets Restored on Bitcoin.org
Dr. Craig S. Wright. Source: Reuters

This ruling came after a detailed examination by the Crypto Open Patent Alliance (COPA), a coalition aiming to protect Bitcoin’s core intellectual property. COPA alleged that Wright fabricated evidence to support his claim. His assets, worth 6.7 million British pounds ($8.4 million), were frozen to prevent him from evading court expenses.

Wright Dumps Several Lawsuits

Following the ruling, Wright abandoned several lawsuits about his claim of being Bitcoin’s creator. On April 11, he dropped an appeal of a lawsuit in Norway against crypto influencer, Magnus Granath, who had called Wright a “pathetic scammer.” A parallel claim in the UK was also dropped.

See also  Russia's president Putin goes full-on pro-crypto, says no one can ban Bitcoin

There are still pending lawsuits. Like the one Wright accused Coinbase and Kraken of violating his intellectual property rights over BTC. However, they are expected to be affected by the COPA ruling.

“We’ve seen a cascading effect from the pronouncement on a host of other litigations globally,” Coinbase Chief Legal Officer ,Paul Grewal, said. “For people outside of crypto, [all this] might sound cartoonish. But with Wright’s claims falling by the wayside, the community can exhale. We think it’s a real win.”


Cryptopolitan reporting by Jai Hamid

From Zero to Web3 Pro: Your 90-Day Career Launch Plan

Share link:

DisclaimerThe information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...
Cryptopolitan
Subscribe to CryptoPolitan