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The Daily Hodl 2024-11-30 19:45:33

‘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

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.” 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.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post ‘No Prospect of Success’: Craig Wright’s Appeal Bid in Bitcoin Creator Case Rejected As Meritless appeared first on The Daily Hodl .

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