A man who claims to be the creator of Bitcoin (BTC) has been declared in contempt of court in the UK. Australian computer scientist Craig Wright has been handed a one-year sentence, suspended for two years, for filing a $1.2 trillion lawsuit against the payments firm Block. The judge says Wright violated a previous court […]
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The Cryptocurrency Open Patent Alliance has launched a campaign targeting “patent trolls,” arguing that they block the path to crypto innovation.
Crypto advocacy group the Cryptocurrency Open Patent Alliance (COPA) and the patent-focused organization Unified Patents have launched a campaign against “patent trolls” targeting blockchain and crypto tech.
COPA said in an Oct. 1 blog post that the pair launched the “Blockchain Zone,” a campaign to target patents under the control of non-practicing entities (NPEs), which covers a slew of technology from non-fungible tokens (NFT), wallets and smart contracts.
COPA said the partnership will aim to protect blockchain firms and developers from “unwarranted and costly” legal claims by patent trolls, or NPEs, who use the high costs of a court battle to negotiate a settlement.
Self-proclaimed Bitcoin (BTC) creator Craig Wright is facing potential prosecution in the UK over his pronouncement that he is the inventor of the world’s first and leading cryptocurrency. In March, the presiding judge in the case filed by the industry group Crypto Open Patent Alliance (COPA) against Wright said that there is overwhelming evidence that […]
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On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts to prove he was Satoshi Nakamoto. Mellor emphasized that Wright’s evidence was “at best questionable or of very dubious relevance or entirely circumstantial and at […]
A computer scientist who claims to be the pseudonymous creator of Bitcoin (BTC) is dropping his lawsuit against Bitcoin developers. According to a new post by the Bitcoin Legal Defense Fund, Craig Wright, who for years proclaimed to be Satoshi Nakamoto, is dropping his case against the 12 Bitcoin developers and others he sued in […]
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A UK Judge is freezing $7.6 million worth of computer scientist Crag Wright’s assets after he was ruled to not be Satoshi, the pseudonymous creator of Bitcoin (BTC). New court documents reveal that the judge has ordered a worldwide freeze of over £6 million worth of Wright’s assets as a means of preventing him from […]
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After Judge James Mellor in the U.K. rendered his decision in the notable lawsuit initiated by the Crypto Open Patent Alliance (COPA) against Craig Wright, he concluded that Wright did not embody the persona of the pseudonymous Satoshi Nakamoto. Subsequently, Mellor enforced a worldwide injunction on Wright’s holdings, freezing assets valued at £6.7 million (approximately […]
In recent times, the cryptocurrency landscape has experienced a widespread decline, yet the digital asset bitcoinsv, known for its associations with Craig Wright, has seen the most significant weekly downturn within the crypto sphere, dropping 18.9% versus the U.S. dollar in seven days. This decline in bitcoinsv’s value closely follows the verdict by U.K. Judge […]
A UK Judge is ruling that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), nor is he the author of the BTC White Paper. According to BitMEX Research, the Cryptocurrency Open Patent Alliance (COPA) – a nonprofit crypto advocacy group – recently won its case against Wright, who […]
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