uniladtech homepage
  • News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
True identity of anonymous Bitcoin founder ‘Satoshi Nakamoto’ could finally be revealed in court
Home>News>Tech News
Updated 13:32 5 Feb 2024 GMTPublished 13:28 5 Feb 2024 GMT

True identity of anonymous Bitcoin founder ‘Satoshi Nakamoto’ could finally be revealed in court

Craig Wright claims he's the true founder of Bitcoin - now British courts will have to make a judgment.

Prudence Wade

Prudence Wade

google discoverFollow us on Google Discover
Featured Image Credit: Midjourney/ KTSDESIGN/SCIENCE PHOTO LIBRARY/ Getty
Bitcoin
Cryptocurrency

Advert

Advert

Advert

It's a story that sounds more like a plot of a movie than real life - and in the latest twist to the tale, the real identity of Bitcoin founder 'Satoshi Nakamoto' could finally be revealed in court.

First, let's rewind to where this all began.

Back in 2008, pseudonymous cryptocurrency inventor Nakamoto released Bitcoin into the world with a white paper he wrote - changing the way we see money. If you were wondering why he's not constantly in the headlines talking about cryptocurrency, that's because he disappeared, and to this day no one really knows who he is.

Janos Kummer / Stringer / Getty

Advert

Then came 2016, when an Aussie computer scientist called Craig Wright announced to the world that he was the real Nakamoto.

The problem is, few people were hugely convinced by his claim - and now we could be set to get an actual answer.

The Crypto Open Patent Alliance (Copa) - who strongly refutes Wright's claim - has asked the high court in London to rule once and for all whether Wright is Nakamoto.

The six-week trial has kicked off today, with Jonathan Hough KC for Copa saying in written submissions: “Copa’s case is, simply, that Dr Wright’s claim to be Satoshi is a lie, founded on an elaborate false narrative and backed by forgery of documents on an industrial scale.

“As his false documents and inconsistencies have been exposed, he has resorted to further forgery and ever more implausible excuses.”

He continued: “Dr Wright has consistently failed to supply genuine proof of his claim to be Satoshi: instead, he has repeatedly proffered documents which bear clear signs of having been doctored.”

DANIEL LEAL / Contributor / Getty

The barrister added: “Once one aspect of Dr Wright’s story is discredited, he supplements it with yet further forgeries, moves his story in a different direction and casts blame on others, often casting lawyers and experts as his scapegoats, to take advantage of legal professional privilege.”

Wright doesn't seem to be budging and maintains he created Bitcoin - but he doesn't have particularly nice things to say about the cryptocurrency now. His pinned post on X (formerly known as Twitter) reads: "I conceived Bitcoin, and I unveiled it to the world. However, in BTC, they've torn it asunder. I've chosen to forsake BTC because I won't allow it to exist in a grotesque form, both in its physical embodiment and its underlying connotations."

With secret identities and courtroom battles all to do with crypto, we're pretty certain this tale is ripe for a miniseries - Netflix, we hope you're watching.

Choose your content:

an hour ago
18 hours ago
  • CentralITAlliance / Getty
    an hour ago

    Expert reveals whether you should open or close your windows during heatwave

    There's a simple rule to follow

    News
  • YouTube/@joerogan
    an hour ago

    Mark Zuckerberg reveals Apple's mistake he thinks will lead to the downfall of the iPhone

    Zuckerberg said he believes Apple has a ‘lack of innovation’ problem

    News
  • X/@_katetolo
    18 hours ago

    Bryan Johnson shares metrics from nap that reveal why he believes sleep is 'the world’s most powerful drug'

    Bryan Johnson took a nap before staying up past his 8pm bedtime

    News
  • NBC News
    18 hours ago

    NBC reporter's live reaction during White House shooting caught on video goes viral

    Nasire Best was shot dead by Secret Service agents

    News
  • Truth behind 'viral email' claiming Jeffery Epstein is Bitcoin founder Satoshi Nakamoto
  • Man gives up 10-year search for lost Bitcoin fortune that could be worth $8,000,000,000
  • Crypto market in shock as Bitcoin breaks mammoth price record
  • Woman called 'the goddess of wealth' convicted in world's biggest Bitcoin seizure worth $6,000,000,000