Craig Wright’s attempt to challenge a previous High Court decision was dismissed by the United Kingdom’s Court of Appeal, confirming once again that he is not Satoshi Nakamoto, Bitcoin
$96,115.25
’s creator.
The news was shared by Hodlonaut, a well-known Bitcoin influencer closely following Wright’s case. On social media platform X, Hodlonaut noted that Wright’s appeal was “brutally denied”.
The court didn’t mince words in its decision. It pointed out that Wright’s arguments were full of “multiple falsehoods” and relied on “fictitious authorities”.
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For example, he cited a case called Anderson v the Queen [2013] United Kingdom Privy Council (UKPC) 2, which the court identified as an “AI-generated hallucination”. The judgment stated:
It is not credible on its face, and even less so given the judge’s findings as Dr Wright’s credibility.
Then, the court concluded with a statement, “For the reasons given above the appeals have no prospect of success whatever and there is no other reason to hear them”.
Within the crypto community, many have been skeptical of Wright’s claims. Figures like Hodlonaut have openly called him a “scammer” and a “fraud”. On various Bitcoin forums, he’s often dubbed “Faketoshi”. Despite the criticism, Wright has persisted in trying to prove he’s the mastermind behind Bitcoin.
This latest legal defeat seems to mark the end of his efforts to get official recognition. The court’s decision highlights his challenges in providing solid evidence for his claims. Using dubious references and questionable documents has only damaged his credibility further.
Meanwhile, the true identity of Satoshi Nakamoto remains one of tech’s biggest mysteries. As Wright’s claims lose steam, journalists and investigators worldwide continue to search for the real person or group behind the pseudonym.
While Craig Wright’s legal battles may have ended, controversies in the crypto world are far from over. Recently, Binance UK has found itself at the center of a legal dispute involving bribery allegations and a lawsuit from a former employee. What accusations are shaking up the crypto giant? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
