Craig Wright Faces Another Legal Battle Over Bitcoin Identity Claims
Craig Wright, the controversial Australian who has repeatedly claimed to be Bitcoin’s creator, Satoshi Nakamoto, is once again making headlines with a new lawsuit. Wright, who was exposed as a fraud in court, is now suing Bitcoin developers, accusing them of falsely promoting Bitcoin (BTC) as the original Bitcoin rather than Bitcoin SV (BSV).
In a legal filing submitted to the Chancery Division of the High Court in London, Wright argues that recent upgrades to the Bitcoin (BTC) protocol, particularly the Taproot and Segregated Witness (SegWit) updates, deviate from the original design. He claims this deviation has caused him financial harm, for which he is seeking over £911 billion in damages.
Bitcoin Community Reacts to Wright’s Lawsuit
Magnus Granath, a prominent figure in the Bitcoin community who previously won a defamation case against Wright in Norway, was quick to respond to the lawsuit. In a scathing comment, Granath suggested Wright should consider using AI tools like ChatGPT to represent him in court, as no reputable law firm seems willing to back his claims anymore.
"If no respectable law firm is willing to continue representing his flood of lies and forgeries, it is only fitting that Mr. Wright use ChatGPT to represent him in his increasingly bizarre legal escapades. This, of course, will end badly for Mr. Wright," Granath said.
A History of Failed Legal Claims
This isn’t the first time Wright has taken legal action related to his claims of being Satoshi Nakamoto. He recently lost a significant lawsuit brought by the Crypto Open Patent Alliance (COPA) in the U.K. High Court. Judge Edward James Mellor ruled that Wright is not Satoshi Nakamoto and ordered him to publicly declare his claims as false.
“Dr. Wright is not the author of the Bitcoin white paper. Most of his lies were based on forged documents that he used to support his claim... Dr. Wright’s attempts to prove he was/is Satoshi Nakamoto represent a severe abuse of the court process,” the court stated.
Wright’s Damaged Credibility
Wright’s long history of defamation lawsuits, combined with the court’s recent rulings, has severely damaged his credibility. Andrew Balthazor, a trial attorney, commented on the implications of Wright’s tarnished reputation, suggesting that any competent lawyer would be able to dismantle the "evidence" of his forgeries.
“The language used by the court was quite harsh. I think his personal credibility is obviously in tatters. A good attorney will be able to use the evidence of his falsehoods from the COPA case to further undermine his credibility and perhaps reopen questions that were previously considered closed,” Balthazor explained.
COPA Confident in the Outcome
COPA has acknowledged Wright’s latest claims, expressing confidence that his new lawsuit will fail. In a recent press release, COPA noted that while it’s too early to comment on the specifics of the case, they are optimistic about the legal outcome.
"While the British High Court decisively dismissed Craig Wright’s fraudulent claims to be Satoshi Nakamoto earlier this year, COPA is aware that Craig Wright has recently filed another lawsuit, pretending to have intellectual property rights over Bitcoin," the statement reads.
With Wright’s credibility in question and a track record of failed legal battles, many in the cryptocurrency community see this latest lawsuit as yet another attempt to gain attention rather than a legitimate legal challenge.