Personal Finance

Self-proclaimed bitcoin inventor Craig Wright referred to prosecutors

Craig Wright, self-declared inventor of Bitcoin, arrives at federal court in West Palm Beach, Florida, U.S., on Friday, June 28, 2019.

Saul Martinez | Bloomberg | Getty Images

LONDON — Craig Wright, an Australian man who claimed to be the inventor of bitcoin

Wright attempted in the London court case to prove he was the original inventor of bitcoin, and therefore held intellectual property rights, including ownership of copyright in the bitcoin white paper and initial versions of the bitcoin software. The bitcoin protocol is a decentralized, open-source network and no single entity can gain control over it.

Mellor ruled that Wright attempted to create a false narrative by forging documents “on a grand scale,” presenting them as evidence in court.

He added that by advancing his claim to be Satoshi Nakamoto through legal action in the U.K. — as well as Norway and the U.S. — Wright committed “a most serious abuse” of the process of the courts.

Wright’s holding company Tulip Trading was not immediately available for comment when contacted by CNBC.

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