U.Immediately – One thing really superb occurred right now: self-proclaimed (BTC) creator Craig Wright made a public assertion on X, formally declaring that he’s not Satoshi Nakamoto.

The announcement follows a current ruling by the UK Excessive Court docket, which discovered that an Australian scientist was dishonest in claiming to be the nameless determine behind Bitcoin.

The court docket's harsh sentence accused Wright of “extensively and repeatedly mendacity to the court docket,” forging paperwork “on a “large scale” and making a “false narrative” to assist the principle falsehood of claiming to be Satoshi Nakamoto, the mysterious creator of the world's most well-known cryptocurrency.

The excessive court docket's order, which Wright shared partly in a brand new submit, is evident and complete, stating categorically that he’s not the creator of the Bitcoin white paper, doesn’t personal the copyright to it, and isn’t the one who operated beneath the pseudonym Satoshi Nakamoto from 2008 to 2011.

Moreover, the court docket discovered that Wright didn’t create the Bitcoin system or write early variations of the BTC software program.

To stop additional litigation primarily based on Wright's false claims, the Court docket has enjoined Wright from immediately or via an agent from bringing any lawsuit associated to his claims. Curiously, Wright is even enjoined from threatening to convey such a lawsuit.

Whereas the rationale for Wright's sudden “confession” is unclear, the event could convey a dramatic conclusion to a saga that has captivated the cryptocurrency group and most of the people for years.

This text was initially printed on U.Immediately