💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

Satoshi Mystery: Court Publishes Injunctions in Craig Wright Lawsuit

Published 07/16/2024, 08:52 AM
Updated 07/16/2024, 12:00 PM
Satoshi Mystery: Court Publishes Injunctions in Craig Wright Lawsuit
BTC/USD
-

U.Today - In a new development in the legal saga surrounding the true identity of Bitcoin's creator, the U.K. High Court has issued an approved judgment alongside some injunctions in the lawsuit involving Craig Wright, who has long claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin.

In an approved judgment document released by the court on July 16, Judge James Mellor concluded injunctions sought by COPA which, to him, seem to be based, more or less, on an accumulation of the subject matter of each of the five actions.

Judge Mellor stated: "I have concluded that the operative part of the first injunction should read as follows, so that Dr. Wright is able to plead by way of a defence any of the grounds which are the subject of this first injunction, but not pursue a counterclaim." He touched on the first injunction that refers to an anti-suit injunction preventing Wright from attempting to relitigate the case.

Concerning the second injunction, the judge concluded that each of "Dr. Wright and any of his companies shall not threaten (explicitly or implicitly) or procure any other person to threaten (explicitly or implicitly) that any Precluded Proceedings will be pursued against any person in the Courts."

Other injunctions

The third injunction attempts to prevent Dr. Wright or his companies from claiming rights based on any of the grounds outlined in the first injunction.

The fourth injunction prohibits Dr. Wright or his companies from publishing or causing to be published any claims implying that he is Satoshi, or that he is the author of the Bitcoin White Paper, Bitcoin source code or the like.

The fifth injunction is a mandatory order directing Dr. Wright and his companies to delete all such published statements. It was decided that Dr. Wright would pay all of COPA's costs on an indemnity basis, with interest calculated from the date of payment. The judge determined that 85% was an adequate threshold for the interim COPA payment.

Judge Mellor also referred Wright to the Crown Prosecution Service (CPS) for consideration on perjury charges.

COPA took Wright to court for a final decision on whether he was the creator of Bitcoin. Judge Mellor deemed Wright not to be in March, and in May, Wright was found to have lied extensively during the court process.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.