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:

3 mins ago
an hour ago
  • UNILAD Tech
    3 mins ago

    Scientists compete for award dubbed the ‘Nobel Prize of tech’ with huge cash reward up for grabs

    The award's first winner was British computer scientist Sir Tim Berners-Lee for inventing the World Wide Web

    News
  • SlapMac
    3 mins ago

    App that makes your laptop moan in pleasure when 'spanked' makes over $5K in just three days

    Slapp'll do

    News
  • George Rose / Contributor / Getty
    an hour ago

    Photographer captures step-by-step look at how drinking wine affects the brain

    You might want to think twice about opening that second bottle

    Science
  • d3sign / Getty
    an hour ago

    Experts reveal exactly how often you should pee per day according to your age

    When you gotta go, you gotta go

    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