You might be familiar with what a Satoshi fake is. An Australian native, one who demanded treatment like a god by his own employees, began claiming he was the late, great Satoshi in 2016. Needless to say, the idea alone is a viral one.
What the 53-year-old didn’t expect was the backlash he got as the world defamed his name, calling him an imposter. As if 1 billion people couldn’t make their point, Craig Wright shot back.
In Dr. Wright’s own words, “A few will be bankrupted, lose their families and collapse.”
Even more, “I did my best to try and hide the fact that I’ve been running bitcoin since 2009.”
Is it all true? One judge says no.
Another Scheme to Sell “Bitcoin Satoshi Vision”?
Some find it sensational for Craig Wright to be the founder of his own crypto while claiming to have created the first Bitcoin ever. The “Bitcoin Satoshi Vision” token is a little difficult to describe, for it is Bitcoin but just not the original Bitcoin yet uses the original Bitcoin code.
For those who do understand that, BSV currently sells for roughly $76.40 a piece while the “real BTC” is ranging just under $72,000. The next move it makes is history.
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Satoshi Fake Brought to Court by Twitter’s Founder
This plot thickens even more.
Before getting here, Craig Wright was being bankrolled by, Calvin Ayre, a Canadian-gambling tycoon who upped millions to bail the “self-proclaimed Satoshi” out of charges over his taxes. The same tycoon was then found guilty in a peal deal that kept him out of prison.
That was in 2017.
We’re now in 2024, and the class action is, instead, against Ayre’s business partner, Dr. Wright.
The case Judge James Mellor oversaw regarding Wright was actioned by The Crypto Open Patent Alliance (COPA), aligning with a number of cryptocurrency agencies against Craig.
The Few of Those Who Spoke to Nakamoto …
Let’s make it clear that those who spoke with the 2009 Nakamoto, using email, forums and private messages, still don’t know the Bitcoin founder’s true identity. In an effort to unveil that face, Gavin Andresen, a notable software developer, was among those who sought for proof.
Gavin was the last person to hear from Nakamoto before his disappearance in 2011.
Having spoken with Satoshi, Gavin felt that he could reliably examine Craig’s credibility. Without one word, Satoshi disappeared from the social web, and no one has heard from him since.
Gavin, in his request for proof of Wright’s claim, asked Craig to demonstrate his ownership of Satoshi’s stockpile of BTC. The details of how he provided proof are still vague. However, Andresen was convinced enough and published an article to support Wright’s narrative.
Gavin would then backtrack, stating, “I’m starting to doubt myself, imagining clever ways you could have tricked me,” in an email sent to Dr. Wright.
Ultimately, the London verdict did two things. It made a declaration on Craig’s claims, which is that he is not Satoshi. The second is for a ruling to be made for limiting Craig’s ability to sue.
As the market shifts liquidity back into crypto, sticking with a reputable exchange might be the smart idea. Check out XTB, then leave a comment to share what you think.