Connect with us

Hi, what are you looking for?

Fibonacci Tech News

UK court calls man claiming to have invented Bitcoin a liar

Judge Mellor ruled that Craig Wright (pictured) lied “extensively and repeatedly” about being Satoshi Nakamoto. | Photo by Dan Kitwood / Getty Images

Australian computer scientist Craig Wright lied “extensively and repeatedly” to courts and committed forgery “on a grand scale” in efforts to falsely claim that he invented Bitcoin, a judge at London’s High Court ruled on Monday.

Wright has long claimed to be “Satoshi Nakamoto” — the pseudonym used by the author of Bitcoin’s 2008 foundational white paper. Very little is known about the mysterious cryptocurrency creator, though they’re widely presumed to be the largest holder of Bitcoin, controlling an estimated 1.1 million BTC (worth roughly $77 billion at the time of writing).

Satoshi’s identity was connected to Wright in reports published by Gizmodo and Wired in 2015, though the latter publication noted that some of the clues that…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...