Craig Wright, the self-proclaimed Satoshi Nakamoto, is intensifying his legal battle against the Bitcoin ecosystem. Despite a crushing defeat in the British courts, Wright initiates a new standoff against the developers of Bitcoin Core, demanding an astronomical sum exceeding a trillion for the alleged unauthorized use of the $BTC ticker.
The so-called Satoshi relaunches his offensive against Bitcoin Core
The conflict between Craig Wright and the Bitcoin community is intensifying with this new legal action. Wright, who was never able to prove his claims to be the creator of Bitcoin, is now targeting the developers of Bitcoin Core and Square Up Europe Ltd.
He accuses them of using the $BTC ticker without his consent, an allegation that raises many eyebrows in the crypto ecosystem.
The scale of the compensation requested, £911 billion, is testament to Wright's audacity. This staggering amount illustrates the scale of the Australian engineer's ambitions. Notable fact, Wright chose to represent himself in this casea decision that adds an extra layer of intrigue to this legal saga.
The motivations behind the legal action
Wright says this new lawsuit aims to “save the origins of Bitcoin.” He accuses Bitcoin Core developers of “rewriting the narrative” and changing the original vision of crypto. In a provocative statement, he says he is willing to drop any lawsuit if Bitcoin Core can prove its fidelity to Satoshi Nakamoto's initial concept.
Unusually, Craig Wright chose to represent himself in this case, without the assistance of lawyers. The move raises questions about his legal strategy, especially as Judge Mellor previously warned that any further legal action based on his allegations would be seen as “empty rhetoric”.
This new legal offensive comes in an already tense context. Wright recently suffered a crushing defeat in the British courts, where Judge James Mellor ruled that he had no legal rights to Bitcoin.
Despite this “damning” decision, Wright persists in his demands, even promising other lawsuits against emblematic figures of the Bitcoin ecosystem, including Michael Saylor of MicroStrategy.
Craig Wright's legal action against Bitcoin Core marks a new step in his controversial crusade. While the crypto community remains skeptical about its chances of success, this case raises crucial questions about the governance and evolution of Bitcoin.
Maximize your Tremplin.io experience with our 'Read to Earn' program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.