Craig Wright received a one-year suspended sentence and a £145,000 fine for contempt of court after defying a ruling to cease legal actions against Bitcoin developers. Despite previous court dismissals of his claims to be Satoshi Nakamoto, Wright continued to file lawsuits worth over $1.2 trillion, leading to accusations of causing distress and harm to the cryptocurrency community. He plans to appeal the sentencing while maintaining his controversial assertions.
Craig Wright, who a UK court ruled is not Satoshi Nakamoto, faced contempt of court for continuing to assert his identity as Bitcoin's creator. He received a suspended two-year jail sentence, contingent on ceasing lawsuits in Nakamoto's name, after filing a new claim against Bitcoin developers. Legal experts suggest this ruling may mark the end of Wright's claims to Bitcoin's creation.
Craig Wright, who claims to be Bitcoin's creator, has been declared in contempt of court in the UK and received a one-year suspended sentence for filing a $1.2 trillion lawsuit against Block, violating a previous court order. A judge found overwhelming evidence that Wright is not Satoshi Nakamoto, dismissing his lawsuit and noting his likelihood of evading jurisdiction while living abroad. Wright plans to appeal the contempt ruling.
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