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Self-Proclaimed Satoshi Scores Victory, Cøbra Appeal Denied

Published 2023-09-19, 10:15 a/m
© Reuters. Self-Proclaimed Satoshi Scores Victory, Cøbra Appeal Denied
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U.Today - Australian entrepreneur and computer scientist Craig Steven Wright, a self-proclaimed Bitcoin (BTC) creator, surprisingly hit pseudonymous Bitcoin.org developer Cobra Bitcoin with an over $640,000 court order. The U.K. High Court decision is criticized by blockchain veterans from all over the globe.

Bitcoin.org forbidden from publishing Bitcoin (BTC) whitepaper in the U.K.

Bitcoin.org, a main website of the Bitcoin Core, is forbidden indefinitely from offering Bitcoin (BTC) whitepaper and software to U.K. citizens. Also, the pseudonymous owner of Bitcoin.org, who goes by Cøbra or Cobra Bitcoin, must pay $640,000 of Craig Steven Wright's legal bills. The U.K. High Court judge denied the appeal of Cobra and confirmed that anonymous participation in the proceedings violates the rules of justice.

The decision was announced yesterday, on Sept. 18, 2023, in London. This is a major win CSW scored in his copyright infringement battle with the Bitcoin (BTC) community.

The self-proclaimed Satoshi and creator of Bitcoin SV cryptocurrency insists that he is the author of the Bitcoin (BTC) whitepaper and, therefore, its only copyright holder.

That is why he repeatedly sued Bitcoin Core and its website, Bitcoin.org, after publishing the Bitcoin (BTC) whitepaper. Cøbra his decision to keep pseudonymity amid regulatory scrutiny:

Bitcoin (BTC) enthusiasts on social media called this decision "insane" and "absurd" and highlight that it poses a threat to the cryptocurrency segment.

CSW still might face civil sanctions, here's why

As covered by U.Today previously, for the first time, was forced to stop publishing the Bitcoin (BTC) whitepaper back in 2021. However, its team appealed the orders initiated by CSW and his lawyers.

However, the self-proclaimed Satoshi failed to scores a win in another lawsuit. A U.S. Court in Florida recommended that a higher-ranked judge consider possible civil sanctions against CSW for incomplete financial disclosure.

As covered by U.Today previously, Bitcoin Core former lead maintainer Gavin Andresen announced that it was a mistake to trust that much.

This article was originally published on U.Today

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