April 29, 2024

Self-proclaimed Bitcoin creator threatens BTC and BCH with lawsuits

Craig Wright, who calls himself the creator of Bitcoin, demanded that the BTC and BCH networks stop using the ledgerthe first cryptocurrency. He announced his intention to protect his intellectual rights in court.

According to Wright, he intends to regain control of the system he created and is ready this year to begin the struggle for his rights.

Australian entrepreneur claims thatBitcoin registry rights are governed by the 1988 Copyright Act (CDPA) and the 1997 Database Regulations. Wright believes that a distributed cryptocurrency database should be considered as private property.

«As the creator of Bitcoin, I saveone-of-a-kind rights to any copy of the database created at Genesis in January 2009. I will not give up ownership. I will license this and have already started the process»,— Wright wrote.

He emphasized that the original Bitcoin protocolNow known as Bitcoin SV, the rest violate the contract. Wright said that all 21 million bitcoins were issued in 2009 by his companies created in various jurisdictions, and the distribution of coins is based on his agreement with the nodes.

Recall Craig Wright is now involved in litigationproceedings with the family of the late business partner Dave Kleiman. In his course, the self-proclaimed Satoshi Nakamoto was repeatedly convicted of falsifying documents, and the documents he submitted in January confirming access to wallets with 1.1 million bitcoins turned out to be a list of addresses.