logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Industry

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

By Craig Green
Mar 14, 2024
4.3 
★
★
★
★
★
★
★
★
★
★
 260 User Rating
Share

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.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • White House Admits Federal Bitcoin Fund is Still Delayed

    White House Admits Federal Bitcoin Fund is Still Delayed

    The establishment of the Strategic Bitcoin Reserve has run into severe internal friction regarding which cabinet-level agency holds authority over the asset.
    Martha Grizzard
    Jul 7, 2026
  • SBI’s $289M Bitbank Deal Signals Japan Crypto Consolidation

    SBI’s $289M Bitbank Deal Signals Japan Crypto Consolidation

    SBI Holdings has solidified its domestic dominance by agreeing to acquire all shares of Bitbank in a transaction valued at ¥46.7 billion ($289 million), according to the company’s official disclosure.
    Cornell Rachel
    Jun 29, 2026

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Heima
HeimaHEI

$0.3467

+93.04%
Bless
BlessBLESS

$0.0240

+79.41%
Warden
WardenWARD

$0.004507

+47.72%
Biconomy
BiconomyBICO

$0.0301

+33.66%
DODO
DODODODO

$0.0250

+33.19%

Top Trending

View more
Unibase
UnibaseUB

$0.1325

-4.89%
Hyperliquid
HyperliquidHYPE

$56.4360

+0.75%
Tether Gold
Tether GoldXAUT

$4,247.93

+3.32%
Cardano
CardanoADA

$0.1873

-1.73%
Heima
HeimaHEI

$0.3449

+92.04%

Recently added

View more
Coherent
CoherentCOHRB

$324.350

+1.58%
AST SpaceMobile
AST SpaceMobileASTSB

$68.2300

-1.44%
ASML
ASMLASMLB

$1,673.52

-1.71%
Astera Labs
Astera LabsALABB

$318.590

-10.87%
Credo Technology
Credo TechnologyCRDOB

$224.830

-4.08%

Learn

View more
  1. 1What Are ARC-20 Tokens? How Do ARC-20 Tokens Work?
  2. 2What Is the Usual Protocol? How Does Its Tokenomics Work?
  3. 3What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  4. 4What Is JPYSC? How Japan’s Regulated Stablecoin Works
  5. 5Are AI Agents Safe for Crypto? How to Secure Your Assets
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com