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‘No Prospect of Success’: Craig Wright’s Appeal Bid in Bitcoin Creator Case Rejected As Meritless

‘No Prospect of Success’: Craig Wright’s Appeal Bid in Bitcoin Creator Case Rejected As Meritless

Daily HodlDaily Hodl2024/11/29 16:00
By:by Daniell Marlow

The research arm of BitMEX says a UK court of appeals has rejected Dr. Craig Wright’s claims that he is the pseudonymous Bitcoin ( BTC ) creator Satoshi Nakamoto.

According to a new post on the social media platform X by BitMEX Research sharing the decision against Dr. Wright, the judge in the case has decided that there is no way that Wright created BTC.

“Among the key reasons for his decision were that [the judge’s] conclusions that (i) Dr. Wright had lied repeatedly and extensively to the court in his evidence and (ii) Dr. Wright had forged a large number of documents which he relied upon in support of his claim. Overall, the judge concluded that the evidence that Dr Wright was not Satoshi Nakamoto was overwhelming.”

‘No Prospect of Success’: Craig Wright’s Appeal Bid in Bitcoin Creator Case Rejected As Meritless image 0 Source: BitMEX Research/X

According to the judge’s decision, there is no reason to continue the case.

“The appeals have no prospect of success whatever and there is no other reason to hear them…

Permission to appeal in CA-001771 and CA-001994 both refused as being totally without merit.”

The original ruling that Wright could not be Nakamoto was made earlier this year in March. Said the judge at the time,

“For the reasons which will be explained in that written judgment in due course, I will make certain declarations which I am satisfied are useful and are necessary to do justice between the parties.

First, that Dr. Wright is NOT the author of the Bitcoin White Paper. Second, Dr. Wright is NOT the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011.

Third, Dr. Wright is NOT the person who created the Bitcoin System. And, fourth, he is NOT the author of the initial versions of the Bitcoin software.”

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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