A trial important for the future of Bitcoin BTC begins on February 5th. The UK High Court will decide whether Australian computer scientist Craig Wright is the man behind Bitcoin’s pseudonymous creator Satoshi Nakamoto. The Crypto Open Patent Alliance filed the lawsuit. This non-profit organization aims to reduce the impact of patents and litigation on the development of the cryptocurrency industry.
Since 2016, Wright has continued to claim to be Satoshi without providing any evidence. Eight years and several legal disputes later, he has to prove it in court. The ruling could affect many, if not all, of his current cases. As court documents show, COPA’s motion began in April 2021 to “seek a (de facto) declaration that Dr. Wright is not Satoshi Nakamoto.”
Mr. Wright claimed to be Satoshi and launched legal disputes against companies and developers who, in his opinion, were illegally using and modifying the software. But despite Wright’s multiple lawsuits, COPA’s claims are significant because they focus on issues of identity.
Settlement proposals and “hard passes”
On January 24, a few days before trial, Wright presented COPA and all parties to the lawsuit with a settlement offer. His idea was to end the COPA claim and his three other claims. “This settlement maintains my objectives of preserving the integrity of the Bitcoin system as originally developed, while limiting the unnecessary expense (for all parties) of lengthy high court litigation. “This shifts our entire focus away from supporting, adopting, and advancing “digital currency technology,” Wright elaborated in an open letter about the offer.
However, the answer was a “hard pass” by COPA. “Just as Mr. Craig Wright has forged documents and not told the whole truth, his explanation of the settlement is also not entirely accurate. It contains loopholes that allow it to happen,” COPA further explained. ×Post. More importantly, this settlement will force COPA to accept Wright’s Satoshi nature.
COPA and other experts say there are many fabrications among the elements of Wright’s evidence. “A huge number of file date falsifications, impossible claims that 2007 files were created from software available only after 2014, blaming (undocumented) advice from previous lawyers, etc. are precedents. This person has a problem,” said legal and intellectual property expert J.Nicholas Gross Posted in X.
So not only does Wright need to address these claims, but he also needs to better uphold Satoshi’s claims.
The trial is expected to last at least four weeks, but it could take even longer before Wright’s claims are finally proven or disproved.
We attempted to reach out to Mr. Wright for comment but did not receive a response by the time of publication.
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