Craig Wright Forced To Publicly Declare His Satoshi Claim Is a Hoax

Self-acclaimed Satoshi Nakamoto Craig Wright has been forced into declaring publicly that he is not who he claimed to be for many years. 

Public Notice on Wright’s Website

On May 20, 2024, the High Court of England found Wright dishonest about his claims of being popular Bitcoin (BTC) founder Satoshi Nakamoto.

The court noted that he lied repeatedly and even went as far as forging documents to enable him to sell his false narratives. By doing all these, Craig Wright committed a more serious crime: an abuse of the processes of the courts in the United States, the United Kingdom, and Norway.

From all indications, the Bitcoin SV founder faces perjury charges in the UK. A London High Court Judge James Mellor referred Wright’s case to British prosecutors, citing extensive and repeated lies in support of his Satoshi Nakamoto claim.

So far, the court has been able to establish that Craig Wright is not the author of the Bitcoin whitepaper like he claimed. Secondly,  it has been verified that he does not own the copyright in the Bitcoin whitepaper. As a result, Wright was ordered by the court to publicly say he is not Bitcoin’s creator nor the author of the Bitcoin white paper. The notice is now currently available on his website and will remain so for a couple of months.

Loving Craig’s website right now.

And it stays like this for 3 months.https://t.co/4cS91xf7qn pic.twitter.com/9qqQRlaBiE

— hodlonaut 80 IQ 10%er 🌮⚡🔑 🐝 (@hodlonaut) July 16, 2024

More Enforcement Actions on Craig Wright

Mellor, the UK judge who presided over the case, does not think a notice on Wright’s website alone is sufficient. He based his argument on the fact that X formerly called Twitter and Slack were the favourite medium of Wright’s communication with his audience. Consequently, the public declaration must be pinned for six months on Wright’s website and social media accounts. However, they would remain for three months on his Slack channels.

Earlier this month, the High Court issued a Worldwide Freezing Order (WFO) against Craig Wright. The WFO which covered £1.548 million ($1.97 million) came in favor of Peter McCormack, a prominent cryptocurrency commentator. Precisely, Wright was restricted from moving assets to avoid paying legal costs incurred by McCormack.

Notably, Wright had tried to settle a few of his cases out of court in January in an attempt to avoid mounting legal costs.

Read More: US SEC Under Fire: Empower Oversight Demands XRP Case Transparency