The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: January 24, 2025
Today: January 24, 2025

Self-proclaimed bitcoin inventor faces UK criminal probe for alleged perjury

Australian computer scientist Craig Wright at the High Court in London
July 16, 2024
Sam Tobin - Reuters

By Sam Tobin

LONDON (Reuters) -An Australian computer scientist who claimed he invented bitcoin faces a criminal investigation in Britain for alleged perjury after he was found to have repeatedly lied and forged documents to support his false claim.

Craig Wright had long claimed to have been the author of a 2008 white paper, the foundational text of bitcoin, published under the pseudonym "Satoshi Nakamoto".

The 54-year-old brought litigation based on his claim around the world, including in the United States and in Britain, culminating in a trial at London's High Court earlier this year.

The Crypto Open Patent Alliance – whose members include Twitter founder Jack Dorsey's payments firm Block – took Wright to court to stop him suing bitcoin developers.

Judge James Mellor ruled in March that the evidence Wright was not Satoshi was "overwhelming", saying in a written judgment in May that Wright lied "extensively and repeatedly" and forged documents "on a grand scale" during the case.

The judge said in a further ruling on Tuesday that he was referring Wright to Britain's Crown Prosecution Service to consider "whether a prosecution should be commenced against Dr Wright for his wholescale perjury and forgery of documents".

Mellor also said that prosecutors should consider "whether a warrant for his arrest should be issued and/or whether his extradition should be sought from wherever he now is".

A spokesperson for Wright did not immediately respond to a request for comment. Wright denied forging documents when he gave evidence in February and said in May that he intended to seek permission to appeal.

His current whereabouts are unknown and Mellor said in Tuesday's ruling: "The evidence shows that Dr Wright has left his previous residence in Wimbledon (in London), appears to have left the UK, has been said to be travelling and was last established to be in the time zone of UTC +7."

The time zone includes locations in southeast Asia and Russia's Siberia.

(Reporting by Sam Tobin; Editing by Sachin Ravikumar and Tomasz Janowski)

Related

Business|Finance|Health|Political|US

US drops appeal in case over UnitedHealth Medicare plans' rating

The U.S.

US drops appeal in case over UnitedHealth Medicare plans' rating
Americas|Asia|Business|Technology

Meta to test ads on Threads in US and Japan

Meta Platforms will begin test launching ads on its social media platform Threads with a few brands in the U.S. and Japan, it said on Friday, as the app hits over 300 million monthly

Meta to test ads on Threads in US and Japan
Business|Political|US

FTC Chair Ferguson wins first vote over Trump's DEI purge

U.S.

FTC Chair Ferguson wins first vote over Trump's DEI purge
Business|Economy|Political|US

5 economic forces that could shape the first year of Trump's presidency

Like most presidents, Donald Trump faces an economy that seldom bends to political ambitions

5 economic forces that could shape the first year of Trump's presidency
Share This

Popular

Business|Economy|Environment|Political|Technology|US

Trump pumps coal as answer to AI power needs but any boost could be short-lived

Trump pumps coal as answer to AI power needs but any boost could be short-lived
Business|Economy|Environment|Political|US

US offshore wind farms in service, in construction and under development

US offshore wind farms in service, in construction and under development
Business|Entertainment|Technology|US

People are hawking TikTok-loaded phones for thousands on eBay, Facebook

People are hawking TikTok-loaded phones for thousands on eBay, Facebook
Business|Finance|Stock Markets|Technology|US

Wall Street banks set to sell billions of dollars of X loans, WSJ reports

Wall Street banks set to sell billions of dollars of X loans, WSJ reports