Bitcoin

Craig Wright is not the creator of Bitcoin, Satoshi Nakamoto, court rules

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“The feeling Craig Wright has is that he was never enough,” van Pelt said.

Even after Dr. Wright failed to produce the evidence, he maintained a loyal online following. He did not have access to Satoshi’s private keys, he claimed in court, because he had broken a hard drive that contained them; he described it as an impulsive decision, partly related to his autism.

Ayre supported him, and in 2018 he and Dr. Wright launched Bitcoin Satoshi Vision, which negotiations at around $70 per coin, a small fraction of the price of Bitcoin. Wright oversaw its development at the offices of nChain, a company Mr. financed as a vehicle to convert your partner’s ideas about cryptography into a patent portfolio.

At nChain, Dr. Wright was a difficult boss, prone to yelling, said four people who worked with him. He liked to show off his wealth, brag about that he had more money than the entire country of Rwanda. nChain employees attended extravagant parties in London: At one memorable event hosted by Ayre, guests ate sushi off the bodies of naked women while performers dressed as samurai hovered nearby, two people said.

Rejected by much of the crypto industry, Dr. Wright pressed his claim to Satoshi dominance through the courts, pursuing litigation that Mr. In 2021, his defamation battle reached Norway, where Magnus Granath, the little-known Bitcoin enthusiast who accused him of social media fraud, obtained a judgment against him. That year, Dr. Wright also sued Bitcoin coders, alleging copyright infringement.

“He appears to have enough money and the support of others to be able to make good on his threats to ruin people financially by initiating expensive litigation,” said Steve Lee, a manager at Block, the company Dorsey co-founded after Twitter. in a court case last year.

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