Cryptocurrencies

Court Issues Injunctions in Craig Wright Lawsuit

In a recent update regarding the legal battle over the identity of Bitcoin’s creator, the U.K. High Court has issued an approved judgment and several injunctions in the case involving Craig Wright, who has long claimed to be the enigmatic Satoshi Nakamoto.

In a judgment document released on July 16, Judge James Mellor addressed the injunctions requested by COPA, indicating that they were largely based on the collective issues presented in the five relevant cases.

Judge Mellor noted, “I have concluded that the operative part of the first injunction should read as follows: Dr. Wright is allowed to plead any of the grounds covered by this initial injunction as a defense, but he cannot pursue a counterclaim.” This refers to the first injunction aimed at preventing Wright from attempting to re-litigate the case.

Regarding the second injunction, the judge determined that Dr. Wright and his companies are prohibited from explicitly or implicitly threatening any actions against any individuals regarding the Precluded Proceedings.

The third injunction seeks to stop Dr. Wright or his companies from asserting any rights based on the grounds mentioned in the first injunction. The fourth injunction bars them from publishing or causing to be published any statements suggesting that Wright is Satoshi or the author of the Bitcoin White Paper or source code.

The fifth injunction is a mandatory order requiring Dr. Wright and his companies to retract any such published statements. Additionally, it was ruled that Dr. Wright would cover all costs incurred by COPA on an indemnity basis, with interest calculated from the payment date, with 85% considered a sufficient interim payment for COPA.

Judge Mellor also referred Wright to the Crown Prosecution Service to consider potential perjury charges.

COPA initiated legal proceedings against Wright to ascertain whether he is indeed the creator of Bitcoin. In March, Judge Mellor concluded that Wright was not the creator, and in May, he was found to have provided extensive false testimony during the proceedings.

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