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Craig Wright forced to admit he is not Bitcoin inventor, Satoshi Nakamoto

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A notice declaring Craig Wright is not Satoshi Nakamoto is live on the craigwright.net website. The post, which is in compliance with the court order, has now ended Wright’s years-long fraudulent claims that he created the Bitcoin network.

Also Read: Bitcoin sees intense buying pressure post-Trump assassination

The declaration is part of the injunctions the British High Court granted in the lawsuit brought by the Crypto Open Patent Alliance (COPA). Although the court has ruled since March that Wright was not Satoshi Nakamoto, the full judgment has only become available, and it shows that Wright could face criminal prosecution in the UK for perjury and forgery over his claims of being Satoshi.

Court bans Wright from bringing any legal action on Satoshi’s claims

As part of the court’s ruling, Wright must post notice of the court judgment on his website, Twitter, and Slack for the next six months. The post is now live on his website, craigwright.net. However, his Twitter account has yet to be updated, as the last post is from May 20, when he promised to appeal the court decision.

Craig Wright Satoshi Nakamoto Bitcoin CLaim
Notice on Craig Wright’s Website (Source: Craigwright.net)

The website declaration stated that Wright has no affiliation with the Bitcoin network. Wright is not responsible for writing the Bitcoin whitepaper, owning copyright to the whitepaper, creating the Bitcoin system, using the Satoshi pseudonym, or coding any version of Bitcoin software.

In addition, the court also granted an injunction banning Wright from bringing any legal action or threatening to institute legal action based on his identity as Satoshi Nakamoto. This injunction applies to lawsuits directly instituted by Wright or through third parties. However, Wright can still assert or publish documents claiming that he is Satoshi and is not required to delete all previous claims.

Wright could face criminal action

Meanwhile, Wright could face criminal action in the United Kingdom for his false testimony during the lawsuit. The judge wrote that he had recommended him to the Crown Prosecution Service for possible prosecution, arrest, or extradition for perjury and forgery.

The judge wrote:

“I have no doubt that I should refer the relevant papers in this case to the CPS for consideration of whether a prosecution should be commenced against Dr Wright for his wholescale perjury and forgery of documents.”

However, it is up to the CPS to determine whether to pursue the case. If the prosecutor chooses to institute an action, it might first have to seek extradition, as Wright has reportedly left the UK. The Australian citizen has been quiet since the court ruling but promised to appeal.

Also Read: Craig Wright drops lawsuit against Bitcoin developers after Judge’s ruling

Besides the threat of prosecution hanging on his head, Wright has also been indemnified to pay the legal costs for some other parties. These include £5.9 million for COPA, £115,000 for Bitcoin Core, and £900,000 for Coinbase, among others. The court granted a worldwide freezing order of £6 million on his assets in March to ensure he paid the costs.

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