As reported by AP News, an Australian computer scientist who falsely claimed to be the founder of bitcoin has been found to be in contempt of London’s High Court and given a suspended sentence of 12 months in prison.
Starting in 2016, Craig Wright claimed to be the man behind the pseudonymous Satoshi Nakamoto persona, who mysteriously invented the world’s first and largest cryptocurrency and released it to the world by publishing the Bitcoin White Paper in 2008.
Despite consistent claims that he is Nakamoto, Wright has not been able to provide any evidence to support this assertion. Last March, the High Court ruled that Wright was not Satoshi, and ordered him to stop claiming that he was.
Wright continued asserting his intellectual property rights to Bitcoin and claimed that he was owed $1.2 trillion. In the High Court, Justice James Mellor held that Wright had committed a “clear breach” of the March order, and that it was “beyond any reasonable doubt” that Wright had been in contempt of court.
As reported by the Associated Press, Columbia Sportswear has sued Columbia University, claiming that the university infringed the sportswear company’s trademark and breached an agreement between the…
Verizon and Headwater Research LLC have reportedly agreed to settle a patent infringement lawsuit that ended with a $175 million USD jury verdict against the telecom giant. Headwater, a…
In a recent copyright infringement case, the Jiangsu High Court ruled in favor of Nintendo, awarding the company approximately $28,000 USD, or 200,000 RMB, and an injunction against an unnamed…
Recent tariff measures affecting pharmaceutical products and ingredients have introduced new compliance and cost considerations for manufacturers, distributors, and importers operating in Canada and…
As reported by Reuters, the 9th U.S. Circuit Court of Appeals has ruled that Roger Hodgson, the former Supertramp singer and songwriter, must compensate three former band members for a share of…
As reported by Reuters, three former employees of Taiwan Semiconductor Manufacturing Company ("TSMC") were charged with violating security law and other offences in Taiwan. The prosecutors have…
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