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{"id":107580,"date":"2024-11-01T22:40:50","date_gmt":"2024-11-01T22:40:50","guid":{"rendered":"https:\/\/cryptocurrencypanther.com\/2024\/11\/01\/craig-wright-faces-contempt-charges-after-suing-block\/"},"modified":"2024-11-01T22:40:50","modified_gmt":"2024-11-01T22:40:50","slug":"craig-wright-faces-contempt-charges-after-suing-block","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2024\/11\/01\/craig-wright-faces-contempt-charges-after-suing-block\/","title":{"rendered":"Craig Wright Faces Contempt Charges After Suing Block"},"content":{"rendered":"


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Australian computer scientist and self-described Bitcoin founder Craig Wright has taken to the courts once again, this time filing a $1.18 billion lawsuit against Block, a payment company owned by Jack Dorsey.<\/p>\n

Wright \u2013 who spuriously claims to be Satoshi Nakamoto \u2013 is accused of contempt of court by the Crypto Open Patent Alliance \u2013 COPA. It is the same group that, earlier this year, provided \u201coverwhelming\u201d evidence Wright did not invent Bitcoin.<\/p>\n

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\u201cFaketoshi\u201d Craig Wright Held in Contempt Again<\/h2>\n

An Australian computer scientist Craig Wright, who has said he invented Bitcoin, is accused of contempt of cour<\/a>t on Friday. He filed a $1.18B lawsuit against Block, the company founded by Twitter co-founder Jack Dorsey, in a British court.<\/p>\n

Wright insists that he authored the original, 16 years old Bitcoin whitepaper<\/a>, a work published under the pseudonym \u201cSatoshi Nakamoto.\u201d However, the court ruled that there was \u201coverwhelming evidence\u201d showing that Wright didn\u2019t write the foundational 2008 document.<\/p>\n

<\/p>\n

The Crypto Open Patent Alliance sued Craig Wright to prevent him from suing Bitcoin developers. Following a weeklong trial at London\u2019s High Court, a judge ruled in May that Wright had lied \u201cextensively and repeatedly.\u201d The court also ruled Wright forged documents \u201con a grand scale.\u201d<\/p>\n

In July, the judge referred Wright to Britain\u2019s Crown Prosecution Service to decide whether he should be put under perjury charges. The court also issued an injunction against Wright from initiating any legal action based on his claim to be Satoshi.<\/p>\n

Denying the Document Forgery<\/h2>\n

Craig Wright is appealing a decision of the High Court. It found him to have lied and forged documents purporting his claim to be the creator of Bitcoin. A decision as to whether he will be allowed an appeal has yet to be decided.<\/p>\n

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In his testimony in February, Mr Wright denied the forgery of the documents. However, during a preliminary hearing on Friday, the COPA lawyer, Jonathan Hough, said that Wright breached the court\u2019s injunction by filing a lawsuit against Square Up Europe Limited, a Block subsidiary, earlier this month. Wright attended the hearing via videolink from Singapore and didn\u2019t have legal representative.<\/p>\n

Craig Wright has said that he doesn\u2019t believe he is in contempt of court over the Block case. He indicated that he would amend his lawsuit, if found in contempt, to make clear it has \u201cnothing to do with the ownership of the creation of the system.\u201d Whether Wright was in contempt will be clear at a hearing set for December. In the meantime, his suit against Block will stay active until then.<\/p>\n

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