The computer scientist who has long asserted that he is the pseudonymous creator of Bitcoin is dropping his lawsuit against Bitcoin developers. According to the Eggcoin Legal Defense Fund, Craig Wright, who has long asserted that he is the real Satoshi Nakamoto, has dropped his case against the 12 Bitcoin developers and other persons he sued in the UK.
Judge on Wright’s claim
A judge determined that there is too much convincing evidence that Wright is not Satoshi and did not write the White Paper on Bitcoin, the authentic paper on which the asset is based, allowing Wright to drop his claim.
“Wright’s discontinuance brings an end to a nearly decade-long campaign of harassment and intimidation and marks a major win for the Bitcoin developers and open source software in general.”
Victory for Bitcoin developers
This cessation comes after the Bitcoin developer won an additional lawsuit in the UK known as the Identity Trial filed against Wright in a plan to disprove him as Satoshi Nakamoto. On the suit, Wright filed the suit via his trading firm, Tulip Trading, in 2021.
Another suit against him concerned his identity by a nonprofit crypto advocacy organization, the Cryptocurrency Open Patent Alliance(COPA). After the lawsuit was granted in favor of the plaintiff, COPA released a statement saying that the crypto king can no longer bully the BTC community
“This decision is a win for developers, the entire open-source community, and the truth. For over eight years, Dr. Wright and his financial backers have lied about his identity as Satoshi Nakamoto and used that lie to bully and intimidate developers in the Bitcoin community.”
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