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Craig Wright Sentenced for Contempt of Court Over Bitcoin Claims

Australian scientist Craig Wright receives suspended prison sentence for claiming to be Bitcoin's creator and violating court orders.

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Updated: Dec 19th, 2024, 7:11 PM ET

Summary

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Craig Wright, who falsely claimed to be Bitcoin's creator, has been sentenced to a one-year suspended prison term after the High Court found him in contempt for continuing to pursue legal action related to his alleged intellectual property rights over Bitcoin. The court determined that Wright had presented forged documents in support of his claims and violated a previous ruling prohibiting him from pursuing litigation. The ruling represents a significant victory for the Crypto Open Patent Alliance, which sought to protect the integrity of the cryptocurrency ecosystem against Wright's lawsuits.

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Craig Wright Sentenced for Contempt of Court Over Bitcoin Claims - Pano News