Craig Wright, whose claim to be Bitcoin’s creator, Satoshi Nakamoto, was rejected by a UK High Court, is suing Bitcoin Core developers again.
He argues they misrepresent Bitcoin (BTC) as the original version, insisting that Bitcoin SV (BSV) is the true successor.
Wright’s latest lawsuit, seeking £911 billion, stems from alleged market value discrepancies between BTC and BSV. Hodlonaut, a previous victor in a defamation case against Wright, criticized his new legal move, suggesting it reflects Wright’s delusions.
The Crypto Open Patent Alliance (COPA), which previously defeated Wright’s claims, expressed confidence that this lawsuit will fail as well.
Wright’s argument targets recent Bitcoin Core updates like SegWit and Taproot, claiming they stray from Satoshi’s vision. However, Satoshi’s final communication indicated a handover of Bitcoin’s stewardship to the community, highlighting its decentralized nature.
Wright’s claims of intellectual property ownership lack credible evidence, raising skepticism and confusion. His ongoing legal battles provoke critical discussions about the governance of open-source projects, but the decentralized essence of Bitcoin remains intact, preventing any individual from claiming control.
Connecticut has officially distanced itself from government adoption of digital assets like Bitcoin. On June 30, Governor Ned Lamont signed House Bill 7082 into law, placing sweeping restrictions on how the state and its agencies can engage with cryptocurrencies.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.
According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.
Charles Edwards, founder and CEO of Capriole Investments, has offered a fresh perspective on Bitcoin’s stalled price movement near the $100,000 mark, despite growing institutional enthusiasm.