Craig Wright, the Man Claiming as Satoshi Nakamoto, Press Charges Against Crypto Publisher Cobra

Craig Wright, the man claiming to be behind the pseudonym Satoshi Nakamoto, is suing Bitcoin.org's operator and publisher known as Cobra, and the U.K courts allowed it.

The lawsuit, which accuses Cobra of copyright infringement, could pave the way to reveal who is the person behind the first and largest cryptocurrency in the world.

Craig Wright's Copyright Infringement Claim

On Jan. 21, Bitcoin.org shared that they have received allegations of copyright infringement from Wright, who claims that he owns the copyright to the Bitcoin name and the domain.

It added that Wright claimed that he, Satoshi Nakamoto, is the pseudonymous creator of the cryptocurrency, and he is asking the organization to take down the whitepaper that first introduced the concept of virtual currency.

Wright defended his actions against the cryptocurrency publisher and to all others who posted the Bitcoin whitepaper on their websites, and said that those who read the paper would understand why he chose his course of action.

Craig Wright, The Man Claiming To Be Satoshi Nakamoto
Craig Wright Official Webpage

"As the author of the white paper, I feel compelled to exercise my legal rights and to ensure that it cannot be marketed in such a way-not just so that Bitcoin can live up to its potential, but so that people are not misled into supporting a different endeavor, having been led to believe that they were supporting Bitcoin," he wrote.

However, Cobra downplayed the Australian computer scientist's allegations, saying that the claims are without merit and refused to take down the whitepaper.

The Crypto Open Patent Alliance (COPA), the cryptocurrency industry group that focuses on patent laws, agreed to Cobra's statement and filed a countersuit on Apr. 9 in the U.K. High Court against Wright.

The countersuit alleges that Wright does not have copyright ownership over the Bitcoin white paper, and wants the Intellectual Property List of the High Court of Justice Business and Property Courts of England and Wales to rule over the matter.

On Apr. 23, Reuters reported that the U.K High Court allowed Wright to serve the copyright infringement lawsuit, forcing its judges to decide on who invented the cryptocurrency.

Cobra remained optimistic about the case and said that Wright was trying to abuse the U.K. court to censor the whitepaper and stop small businesses from providing educational content about cryptocurrency.

Craig Wright's Bitcoin Ownership Claim

Since 2015, Wright, who now works as the chief scientist at nChain Inc., had been claiming that he is no other than Satoshi Nakamoto, the elusive Bitcoin inventor.

He said that he was involved in Bitcoin's creation along with his now-deceased friend and computer security expert Dave Kleiman, and used the pseudonym Satoshi Nakamoto for anonymity.

However, others are quick to dismiss the Australian computer scientist and instead point their fingers at tech CEO Elon Musk.

Critics and cryptography experts said that the only way for Craig to prove his ownership is to use Nakamoto's private key to either conduct a transaction using bitcoins or cryptographically "sign" a message.

This article is owned by Tech Times

Written by Leigh Mercer

ⓒ 2024 TECHTIMES.com All rights reserved. Do not reproduce without permission.
Join the Discussion
Real Time Analytics