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Crypto Open Patent Alliance Legal Battle
In the ongoing legal battle between the Crypto Open Patent Alliance (COPA) and self-proclaimed Bitcoin creator Craig Wright, intriguing revelations came to light on February 19, 2024. These revelations suggest that Wright could be the mysterious Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
Craig Wright’s Work With Qudos Bank
Three key witnesses were summoned to testify in the third week of the legal battle between COPA and Craig Wright. Qudos Bank’s Chief Investment Officer (CIO) David Bridges, Max Layman, and nChain co-founder Stefan Matthews took the witness stand on Monday.
Bridges revealed that the self-described Bitcoin founder worked with the Qudos Bank as an IT expert sometime in 2005. He noted that Wright had given him several documents and papers related to forensic and IT services.
Decentralized Payment System Proposal
The COPA legal team questioned Bridges about whether Wright discussed the idea of a decentralized payment system with him. Bridges confirmed that Wright proposed a system that could replace the traditional SWIFT network. He also mentioned that, even though it was 2010 when the ‘Bitcoin Pizza’ event became popular, he was not yet familiar with Bitcoin.
Craig Wright’s Potential Connection to Satoshi Nakamoto
When asked if he was still of the opinion that Wright was Satoshi Nakamoto due to his love of Japanese culture, Bridges responded in the affirmative. He also stated that he did not know about other names drafted in the lineup of possible Bitcoin founders.
Bitcoin Whitepaper Inquiry
Wright’s cousin, Max Lyman, confirmed that Wright had asked him to ‘run some code’ on his computer, and further revealed that Wright was running an e-commerce business then. He also stated that he was not convinced that Wright was the creator of Bitcoin.
Stefan Matthews’ Testimony
Stefan Matthews, the third witness, detailed his relationship with Calvin Ayre and Wright, noting that Ayre was an investor in the nChain platform but denied that he had significant sway in the company. He also affirmed that he did not sponsor Wright’s legal actions and only paid him salaries as a business routine.
The ongoing trial between COPA and Wright seeks to debunk the latter’s claims of being the founder of the world’s largest blockchain network. According to the plaintiff, it is requesting that the UK court issue an injunction against Wright that states that he is not the rightful creator of the Bitcoin network.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
