MultiversX Tracker is Live!

Judge orders Craig Wright to pay over $1M, accepts new evidence over Satoshi’s identity

All Cryptocurrencies

by COINS NEWS 78 Views

Judge orders Craig Wright to pay over $1M, accepts new evidence over Satoshi’s identity

The legal battle over Satoshi Nakamoto’s identity and Bitcoin rights has taken another turn in recent days, with a British judge rescheduling the trial between Craig Wright and Bitcoin Core developers for Feb. 5.

In 2016, Wright claimed to be Satoshi Nakamoto, the inventor of Bitcoin (BTC), and sued 13 Bitcoin Core developers and a group of companies, including Blockstream, Coinbase, and Block, alleging violations of his copyright to Bitcoin's white paper, Bitcoin file format, and Bitcoin blockchain database. The group is represented in the case by the non-profit Cryptocurrency Open Patent Alliance (COPA).

Justice Mellor also granted the developers a second security application, ordering Wright to pay by Jan. 5 an additional 800,000 pounds (~$1 million) to cover the developers' legal costs in the event he loses the trial. Wright already deposited 100,000 pounds ($127,000) as a security payment.

In addition, the judge ordered Wright to pay 65,000 pounds ($82,000) to cover COPA’s costs for expert evidence related to his Autism Spectrum Disorder (ASD). Wright claimed he has a disability due to ASD and produced a report outlining adjustments needed for him in the trial, including the list of all cross-examination questions. In cross-examination, the opposing party asks questions to clarify or discredit a witness' testimony.

Wright’s request was challenged by the developers, who hired an expert to support their claims. As a result, Wright will only be able to access LiveNote Screen and write questions on paper during the trial.

The Bitcoin code is open-sourced and freely distributed under the Massachusetts Institute of Technology license, allowing users to reuse it for any purpose, including proprietary applications. In his argument, Wright contends that Bitcoin Core developers are a “Bitcoin Partnership,” which is alleged to control Bitcoin.

submitted by /u/BeastofBrooklyn
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments