Court Shows No Mercy to Craig Wright: Sentenced to One Year of Probation and Fined $180,000 by UK Court
Self-proclaimed Bitcoin inventor “Satoshi Nakamoto” Craig Wright has been sentenced to a one-year suspended sentence by a UK court on 12/19 for continuing to sue cryptocurrency companies in violation of a court order, along with a fine of 145,000 pounds (approximately 180,000 US dollars).
As early as March this year, a UK court had already ruled that Craig Wright is not the Bitcoin inventor Satoshi Nakamoto, yet he continued to bully and intimidate the Bitcoin community and developers under the name of “Satoshi Nakamoto,” filing lawsuits relentlessly, which eventually led to court sanctions. Due to his Australian nationality, he is mockingly referred to as “Fauxtoshi” by the community.
Five counts of contempt of court were established, leading to the UK court imposing a one-year suspended sentence. Reports indicate that earlier in July, Fauxtoshi was ordered by a UK court to cease suing related cryptocurrency companies under the identity of “I am Satoshi Nakamoto,” but he blatantly ignored the order, even suing over 100 companies and claiming exorbitant damages of up to 900 billion pounds (approximately 1.14 trillion US dollars).
Jonathan Hough, a lawyer for the Cryptocurrency Open Patent Alliance (COPA), accused these lawsuits of being solely for “public relations operations to attract attention.” The UK court sentenced Fauxtoshi to a one-year suspended sentence for five counts of contempt of court, with a two-year probation period, and a fine of 145,000 pounds.
Although Fauxtoshi has always claimed to be “Satoshi Nakamoto,” the court believes he has not provided sufficient evidence to prove this. Since the release of the Bitcoin white paper in 2008, the true identity of Satoshi Nakamoto remains a mystery.
Despite the court’s ruling, Fauxtoshi continues to deceive under the guise of “Satoshi Nakamoto,” filing lawsuits against cryptocurrency companies. Whether this suspended sentence will teach him a lesson remains to be seen.
