UK court agrees to hear copyright lawsuit from self-proclaimed Bitcoin inventor

Illustration from article titled UK Court Agrees to Hear Copyright Law Action Brought by Self-Proclaimed Bitcoin Inventor

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Many people have claimed to be Satoshi Nakamoto, the anonymous creator (s) behind the digital cryptocurrency bitcoin, over the years. The High Court in London has now agreed to hear from one of the loudest (and contested) claimants of the pseudonym in a lawsuit for alleged copyright infringement, according to Reuters report.

Australian computer scientist Craig Wright, who claims to have developed the world’s most popular cryptocurrency, allegedly sued the operator and publisher of the site, which bears the pseudonym Cobra. The defendant did not disclose a name, identity or address, according to court documents released Wednesday and examined by the outlet on Thursday.

When Wright was initially distinguished as the supposed inventor of bitcoin in 2015, the news sparked widespread skepticism among security experts, many of whom continued to call him an elaborate hoax. Investigations carried out over the years have reportedly identified inconsistencies in Wright’s claims and demystified his credentials and supporting evidence such as fraudulent.

Wright, who resides in Britain, accuses Cobra of copyright infringement for controlling the website and demands that the site remove the Bitcoin white paper, aka the 2008 document released by Nakamoto which described to the origin of the technology behind digital currency.

Cobra previously dismissed Wright’s claims, calling them “baseless” in to the blog posted on in January. In a Twitter message to Wright’s attorneys the same month, Cobra said Wright’s copyright claims “can easily be verified to be false” and pointed out that the website is not based in the UK. , according to court documents reviewed by Reuters.

Cobra rejected Wright’s claims once again in a statement to Reuters on Thursday:

“We have been threatened with removing the Bitcoin white paper by someone who is clearly not the inventor of Bitcoin (if he was, that would make him the 25th richest person in the world, which it is obviously not). Looks like he’s trying to abuse UK courts to get them to censor the white paper and harass small websites for providing us with educational content with his behavior. “

It is not known if Cobra will be forced to reveal his identity to defend himself during this case. As for Wright, his legal team seems confident in their chances.

“The case will be whether the court is satisfied that Dr Wright in fact wrote – and owns the copyright – of the White Paper and, therefore, that he is Satoshi Nakamoto,” said Simon Cohen, who represents Wright, to Reuters.

The demand for bitcoin has increased dramatically in recent years, with several large financial institutions such as MasterCard, Visa, Pay Pal, and Square support for bitcoin and other cryptocurrencies. Last week, its value soared ahead of Coinbase’s direct listing, reaching a record of nearly $ 65,000.

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