April 20, 2024

Craig Wright threatens to gain control over the Bitcoin network through the court

Craig Wright threatens to gain control over the Bitcoin network through the court

Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that he intends to obtain copyright in the near future for the distributed databases of the military-technical cooperation and VSN, the creator of which he allegedly is.

Craig Wright recommended on his blogStop using the base of Bitcoin and its copies in order to avoid legal claims in the future. According to him, they are his personal property, as the author, for whom he will fight. Wright refers to the 1988 Copyright, Industrial Designs and Patents Act and the Database Regulations of 1997.

In addition, he stated that mining is actuallyis simply a payment by his company to the nodes for supporting the network based on an oral agreement between the parties. However, as the creator, he has full rights to unilaterally demand the conclusion of a contract for the issuance of each of the 21 million BTC coins generated in the genesis block. Adding that he intends to license this and has already started working in this direction.

Despite Craig Wright's claims, since 2018He is the defendant in a case of misappropriation of bitcoins and the intellectual property of his late business partner Dave Kleiman. However, he still has not been able to prove to the court that he was involved in the creation of Bitcoin.

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