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COPA Case: Final Arguments on Craig Wright's Bitcoin Claims

By Craig Green
Mar 14, 2024
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In London on March 12, the Cryptocurrency Open Patent Alliance (COPA) commenced closing arguments in its lawsuit against Craig Wright, an Australian computer scientist who has claimed to be the pseudonymous Bitcoin inventor Satoshi Nakamoto. COPA, as the plaintiff, presented its arguments first in the case, which is anticipated to span three to four days.

The primary objective of COPA's legal action is to obtain injunctive relief, thereby preventing Wright from continuing to assert that he is Satoshi Nakamoto. COPA bears the burden of proof in this matter, necessitating the demonstration that Wright is not, in fact, the individual behind the Satoshi Nakamoto persona. Since 2016, Wright has maintained his claim to being Satoshi Nakamoto, but COPA alleges that he has extensively fabricated documents to support this assertion, including falsifying a comprehensive biographical history.

During its closing arguments, COPA announced its intention to present the documents submitted by Wright in the case to the attorney general for potential perjury charges. The trial commenced on February 5, and despite Wright's offer to settle out of court on January 24, COPA declined the proposal.

Established in 2020, COPA aims to promote the adoption and advancement of cryptocurrency technology while advocating for the elimination of patents as a barrier to innovation. Its membership comprises 33 prominent entities, including Coinbase, Block, Meta, and Kraken. Meanwhile, Wright holds numerous patents related to blockchain technology, further complicating the legal landscape surrounding intellectual property issues.

Wright's litigious history includes suing 13 Bitcoin Core developers and several companies for alleged infringement of the Bitcoin whitepaper, blockchain file format, and database rights. These lawsuits, deemed frivolous but impactful, have dissuaded many developers from participating in Bitcoin development due to the associated time, stress, financial burden, and legal risk. Furthermore, Wright's copyright registration for the Bitcoin white paper and code in the United States in 2019, coupled with his ongoing legal battle in the UK over its rights, underscores the contentious nature of intellectual property claims within the cryptocurrency community. The court injunction sought by COPA aims to curtail Wright's ability to pursue further copyright claims related to the Bitcoin white paper.

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