Criag Wright is suing Coinbase and Kraven over IP claims.

04 May, 2022

Self proclaimed Satoshi Nakamoto, Dr. Craig Wright, is suing Coinbase and Kraken over allegedly promoting fake bitcoin as real bitcoin.

Criah Wright is looking to claim several hundred billions of pounds in the lawsuit against the top crypto exchanges.

Wright has accused crypto exchanges of “‘passing off’ coins that do not conform to the Bitcoin system described by him in the white paper as real bitcoin.

The Australian scientist wants Coinbase and Kraken to stop using the term"Bitcoin" for offering Bitcoin Core (BTC).

Criag Wright, who claims to be the creator of bitcoin, said that the lawsuit is about protecting the consumer from fraud and deception.

“BTC is not in any way related to the system I set out in my Bitcoin Whitepaper which I released in 2008,” Criag Wright said.

Wright continues to claim Bitcoin Satoshi Vision (BSV) is the real bitcoin.