Recent events have seen Craig Wright, the Australian computer scientist who previously professed to be the mysterious Satoshi Nakamoto, the creator of Bitcoin, retract his claims following accusations of deceit and forgery.

Craig Wright’s False Claims Revealed

The ongoing mystery surrounding the true identity of Bitcoin’s founder deepens with Craig Wright, a self-proclaimed Satoshi Nakamoto, publicly admitting that he is not the real creator of Bitcoin. In a legal notice on his website, Wright confessed that his assertions were untrue after a ruling by the High Court of England and Wales on May 20, 2024.

The court determined that Wright had been deceitful in his claims of being Satoshi Nakamoto, with extensive and repeated lies to bolster his false narrative. Furthermore, Wright was exposed for forging documents to support his claims, which the court condemned as a significant abuse undermining judicial processes in the UK, Norway, and the US.

The High Court definitively stated that Wright did not write the Bitcoin white paper or own its copyright. Additionally, it was ruled that Wright was not involved under the pseudonym Satoshi Nakamoto during Bitcoin’s foundational years between 2008 and 2011.

Legal Restrictions Imposed on Wright

In response to the court’s ruling, strict prohibitions have been placed on Craig Wright to prevent further legal actions based on his debunked claims. He is prohibited from initiating or encouraging legal proceedings and issuing any threats of legal action regarding his false assertions as the Bitcoin creator.

Furthermore, Wright is forbidden from involving others in legal actions related to his fabricated claims and from procuring anyone to threaten legal action. The High Court’s rulings and restrictions serve as a conclusive end to Wright’s claims of being the Bitcoin founder, emphasizing the consequences of making false assertions in the crypto community.