UK Court Sentences “Bitcoin Inventor” For $1T Lawsuit

Ars Technica reports:

Craig Wright, the man who claims he invented bitcoin and has been filing lawsuits asserting intellectual property rights, was sentenced to a year in prison yesterday for committing contempt of court.

The sentence is suspended and can be enforced if Wright continues violating court rulings—but he may be able to avoid imprisonment by staying away from countries that have extradition agreements with the UK. Wright defied an order to attend a court hearing in person this week and said he is in Asia.

Wright “was sentenced for contempt of court on Thursday” for bringing a 911 billion pound ($1.1 trillion) lawsuit “against Twitter founder Jack Dorsey’s payments company Block in Britain,” Reuters wrote.

Read the full article.

Australian computer scientist Craig Wright, who falsely claimed to be Bitcoin’s creator, has been found in contempt of the UK’s High Court and sentenced to 12 months in prison, suspended for two years. The court confirmed he did not create Bitcoin. pic.twitter.com/c2P9S7XMGf

— Dark Cobra (@dcc_crypto) December 20, 2024