BusinessPostCorner.com
No Result
View All Result
Saturday, July 5, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

British Court Grants Appeal to Craig Wright in Bitcoin Copyright Lawsuit

July 22, 2023
in Crypto News
Reading Time: 3 mins read
A A
0
British Court Grants Appeal to Craig Wright in Bitcoin Copyright Lawsuit
ShareShareShareShareShare
Source: a video screenshot, Youtube, CoinGeek

A British court has granted an appeal to Craig Wright to argue his case in a copyright lawsuit concerning Bitcoin (BTC), according to a recent court filing.

Wright, who has claimed to be the creator of Bitcoin since 2016, has filed a lawsuit against 13 Bitcoin Core developers and several companies, including Blockstream, Coinbase, and Block, alleging violations of his copyright on the Bitcoin white paper, its file format, and database rights on the Bitcoin blockchain.

This decision came in contrast to a ruling made in February, which stated that Wright’s arguments were insufficient to establish the initial recording of the Bitcoin file format—a key requirement for copyright protection. 

At the time, the UK Court dismissed Wright’s plea to block the operation of Bitcoin and its fork, Bitcoin Cash, due to intellectual property infringement. 

“The Claimants may consider themselves unlucky to have had their application for leave to serve out come before a Judge with at least some understanding of the technology involved here,” reads the decision from February, denying permission to appeal. 

Wright asserts that the Bitcoin Satoshi Vision blockchain he created from another Bitcoin fork is the authentic blockchain behind the Bitcoin cryptocurrency.

Nevertheless, whether Wright is indeed the elusive Bitcoin creator, Satoshi Nakamoto, will be determined at a trial scheduled to begin in January 2024.

Witnesses Present Evidence Wright is Not Satoshi Nakamoto

In a previous Oslo case, witnesses presented forensic evidence that questioned the authenticity of documents provided by Wright to substantiate his claim as Nakamoto. 

These documents contained discrepancies, such as fonts that were not available at the time they were allegedly created. 

The Defense Fund, the legal representative for the developers, argues that Wright has failed to provide any evidence to support his claim as Nakamoto. 

They maintain that Wright must establish his identity as Nakamoto before the courts can deliberate on the three primary claims presented in the lawsuit. The trial is expected to take place in early 2024.

It is important to note that the Bitcoin code is open-sourced and distributed freely under the Massachusetts Institute of Technology license, allowing users to reuse the code for any purpose, including proprietary software. 

Wright, on the other hand, contends that the Bitcoin Core developers form a centralized entity, referred to as the “Bitcoin Partnership,” which controls the Bitcoin network. 

Meanwhile, in another blow to Wright’s claim that he is the mysterious Bitcoin creator, a recent investigation provided evidence to suggest that Nakamoto may actually be a collective entity.  

One piece of evidence is the usage of both “we” and “I” in the Bitcoin white paper, indicating the possibility of a team operating under a singular pseudonym.

Another piece of evidence comes from the linguistic analysis of Nakamoto’s writings. 

The white paper showcases impeccable English with precise language and accurate usage of technical terms. But since Nakamoto’s writing style appears to be different in forums and email correspondences, this suggests multiple individuals were involved. 

A linguistic analysis of Nakamoto’s forum posts revealed varying writing styles, further supporting the theory of a collective behind the pseudonym.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Price Prediction as $10 Billion Trading Volume Comes In To Hold $30,000 Level – Where is BTC Going Next?

Next Post

Bulls Extending Gains, Celsius Liquidating Millions, Binance Lightnin’n’Burnin and 20 Crypto Jokes

Next Post
Bulls Extending Gains, Celsius Liquidating Millions, Binance Lightnin’n’Burnin and 20 Crypto Jokes

Bulls Extending Gains, Celsius Liquidating Millions, Binance Lightnin’n’Burnin and 20 Crypto Jokes

Binance Pay Lights Up French Riviera: 80+ Merchants Now Take Stablecoins Instantly

Binance Pay Lights Up French Riviera: 80+ Merchants Now Take Stablecoins Instantly

July 3, 2025
Ongoing CFO turnover is fueling higher pay for finance chiefs

Ongoing CFO turnover is fueling higher pay for finance chiefs

July 1, 2025
UK sale of F-35 fighter jet parts used by Israel ruled legal by High Court

UK sale of F-35 fighter jet parts used by Israel ruled legal by High Court

June 30, 2025
Brussels to seek more joint debt in EU budget plan

Brussels to seek more joint debt in EU budget plan

July 3, 2025
Why check fraud is on the rise in 2025 and tech’s response

Why check fraud is on the rise in 2025 and tech’s response

July 2, 2025
Stocks hit another record as House sends Trump .5 trillion bill to kick off July 4 weekend

Stocks hit another record as House sends Trump $4.5 trillion bill to kick off July 4 weekend

July 3, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Trump’s pressure on Apple to make All-American phones ignores the last tech giant that tried and failed

Trump’s pressure on Apple to make All-American phones ignores the last tech giant that tried and failed

July 5, 2025
XRP Price Prediction: Despite Recent Slip, Ripple’s Institutional Push Targets  – What to Watch

XRP Price Prediction: Despite Recent Slip, Ripple’s Institutional Push Targets $10 – What to Watch

July 5, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!