Please enter CoinGecko Free Api Key to get this plugin works.
Please enter CoinGecko Free Api Key to get this plugin works.
HomeCrypto NewsCraig Wright Faces COPA Demand for Two-Year Prison Sentence in Contempt-of-Court Case

Craig Wright Faces COPA Demand for Two-Year Prison Sentence in Contempt-of-Court Case

-

Craig Wright, who falsely claimed to be Satoshi Nakamoto, the pseudonymous creator of bitcoin, is in court again.

This time, the Crypto Open Patent Alliances is arguing Wright’s attempt to sue for 900 million pounds ($1.1 billion) over intellectual property rights related to the Bitcoin system in October amounts to contempt of court after a judge ruled in July that he was barred from pursuing proceedings related to his claim to be Nakamoto.

The two-day trial is due to end later Thursday and COPA, whose backers include Twitter founder Jack Dorsey and crypto exchange Coinbase (COIN), is seeking a prison sentence.

“COPA proposes an order committing Dr Wright for an initial term of 18 months and a further term of six months in the event that he does not mitigate his contempt by promptly discontinuing the claims which breach the order,” COPA set out in its skeleton argument, court documents show.

In March, Justice James Mellor ruled that Wright was not Satoshi Nakamoto. Mellor then issued a court order preventing Wright from pursuing proceedings in the U.K. and other jurisdictions related to the claim.

“Dr. Wright is perfectly capable, once the dust has settled, of ramping up his public pronouncements again,” Mellor wrote at the time.

Prior to COPA’s victory, Wright had brought several court cases against the bitcoin community around the bitcoin whitepaper, libel suits as well as claims against developers.

Read more:Craig Wright Lied to UK Court ‘Extensively and Repeatedly,’ Judge Writes

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

XRP Shines Up: Ripple Next Target Revealed!

Xrp is back again trading above the $2 mark and with the altcoin season approaching, the crypto can go all the way to larger profits. In...

ZKB and UBS Leverage Blockchain for Fund Transactions

Zurich Cantonal Bank (ZKB) has partnered with UBS, a Zurich-based financial institution, to facilitate the exchange of subscription and redemption instructions for fund units via...

Is DOT A Buy at Current Levels? Polkadot Crypto Next Target

Polkadot crypto is making lower lows and now trading at support level in the market. Any rebound that follows may result in a 15-20% gain...

Securitize Partners with RedStone to Enhance RWA Tokenization

Securitize, a company focused on real-world asset (RWA) tokenization, has selected blockchain oracle provider RedStone as its primary data provider. The partnership aims to enhance...

Most Popular