Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets
    • Memecoins Stir Up the Market – CryptoNinjas
    • Meme Coins Are #1 Trend in 2024
    • Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch
    • Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?
    • Bitget Token Surprises the Market by Rising 813% in 2024: Can You Predict Its 2025 Value?
    • Ethereum Price Approaches Critical Resistance: A Turning Point?
    • DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report
    Coin Elites
    • Home
    • Cryptocurrency
    • Crypto News
    • Ethereum
    • Bitcoin News
    • Blockchain
    • Altcoins
    • Shop
    Coin Elites
    Home»Crypto News»Craig Wright Faces Perjury Charges
    Crypto News

    Craig Wright Faces Perjury Charges

    dfrancis36By dfrancis36July 16, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    [ad_1]

    The Bitcoin authorship saga continues after a UK judge directed Craig Wright’s case to British prosecutors for alleged perjury and forgery of documents. The direction follows the latest ruling in the legal battle between the Australian computer scientist and the Crypto Open Patent Alliance (COPA).

    COPA Vs. Wright Bitcoin Authorship Case

    Over the years, Craig Wright has faced several legal battles for his attempts to copyright Bitcoin’s whitepaper and claim BTC’s authorship. His claim to be the person behind the pseudonym identity of Satoshi Nakamoto began in 2016 and has been highly contested by the crypto industry and its figures.

    In the latest attempt to disprove the Australian computer scientist’s authorship of the flagship cryptocurrency, COPA took Wright to court in the UK. Per the ruling, Judge James Mellor concluded that Wright wasn’t Bitcoin’s creator as the plaintiff provided “overwhelming evidence” to debunk these claims.

    Additionally, Judge Mellor granted a Worldwide Freezing Order (WFO) of $7.6 million in Wright’s assets due to the high avoidance risk of the case’s payment costs. Some of the defendant’s moves and transactions raised the alarm and led the plaintiff to believe Wright could try to evade the “costs and consequences of his loss at trial.”

    According to the ruling, COPA presented a “very powerful” claim to be awarded a substantial sum. The judge considered Wright’s “history of default about orders for the payment of money” and his lying track record required the WFO.

    In May, Judge Mellor released his written judgment regarding the case. In the document, the judge concluded that Wright had “extensively and repeatedly” lied in his written and oral evidence. Additionally, Wright is believed to have “forged documents on a grand scale” to support his claim.

     

    UK Judge concludes Wright lied in trial evidence. Source: Find Case Law

    UK Judge Directs Wright’s Case To CPS

    On Tuesday, COPA’s request to refer the papers to Britain’s Crown Prosecution Service (CPS) was granted. Judge Mellor argued that “if what happened with this case does not warrant referral to the CPS, it is difficult to envisage a case which would.”

    The UK judge believes Wright’s “sinister and mendacious” campaign to back his claim requires an “extraordinary” response.

    bitcoin

    Excerpt of Tusday's Court ruling. Source: Find Case Law

    As a result, the case was directed to the CPS to consider whether Wright should be prosecuted for “wholescale perjury and forgery of documents.”

    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 and/or whether a warrant for his arrest should be issued and/or whether his extradition should be sought from wherever he now is. All those matters are to be decided by the CPS.

    Moreover, the document states that the Australian computer scientist’s whereabouts are unknown. Evidence presented by COPA revealed that Wright left his previous residence at Wimbledon and has seemingly left the UK.

    Wright is seemingly traveling in countries under the UTC +7 time zone, which includes locations in Russia’s Siberia and Southeast Asia. Ultimately, the court believes that Wright committed a “most serious abuse” of the process of UK, Norway, and USA courts to advance his claims of being Satoshi Nakamoto and Bitcoin’s creator.

    Bitcoin, BTC, BTCUSDT

    Bitcoin (BTC) is trading at $63,850 in the weekly chart. Source: BTCUSDT on TradingView

    Featured Image from Unsplash.com, Chart from TradingView.com

    [ad_2]

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    dfrancis36
    • Website

    Related Posts

    Meme Coins Are #1 Trend in 2024

    December 25, 2024

    Avg Active Users Jumped 10% In 2024

    December 25, 2024

    Crypto Staking Classified As Taxable By IRS Amid Legal Dispute

    December 25, 2024

    Singapore Takes the Lead Over Hong Kong in Asia’s Crypto Hub Race – Here’s Why

    December 24, 2024
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Meme Coins Are #1 Trend in 2024

    December 25, 2024

    Top Analyst Now Sees Window of Opportunity for Bitcoin and Altcoins To Pop – But There’s a Catch

    December 25, 2024

    Toncoin Signals Accumulation Phase as Open Interest Hits Nine-Month Low – What’s Next?

    December 25, 2024
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto News
    • Cryptocurrency
    • Ethereum
    About us

    Welcome to CoinElites.com, your premier destination for the latest news and insights in the dynamic world of cryptocurrency. Our blog is dedicated to providing you with up-to-the-minute updates and comprehensive analysis on everything related to Crypto News, Bitcoin, Ethereum, and other cryptocurrencies.

    At CoinElites.com, we understand the fast-paced nature of the crypto market and the importance of staying informed. Whether you're an experienced trader, a casual investor, or someone new to the world of digital currencies, our mission is to deliver accurate and relevant information to help you navigate the ever-evolving landscape of cryptocurrency.

    Top Insights

    The United States Leads the Charge in Bitcoin Adoption: A Rising Correlation with Stock Markets

    January 28, 2025

    Memecoins Stir Up the Market – CryptoNinjas

    December 25, 2024

    Meme Coins Are #1 Trend in 2024

    December 25, 2024
    Categories
    • Altcoins
    • Bitcoin News
    • Blockchain
    • Crypto News
    • Cryptocurrency
    • Ethereum
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Coinelites.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.