Bitcoin Bluff: Australian Man who Claimed he Invented Bitcoin is Found in Contempt of Court
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.
Author: Annie MacKinnon
Photo Credit: https://unsplash.com/@michael_f
Authors
Expertise
Insights
-
Intellectual Property Litigation
Trademarks Opposition Board Moves to Digital-Only Submission of Confidential Information
As of June 1, 2026, the Trademarks Opposition Board (TMOB) requires all confidential evidence and documentation in proceedings under sections 11.13, 38, or 45 of the Trademarks Act (the “Act”) to be… -
Intellectual Property Litigation
Kansas City Chiefs Stars Sued for Trademark Infringement Over Steakhouse
The sneaker company, 1587 Sneakers, is reportedly suing Kansas City Chiefs players, Patrick Mahomes and Travis Kelce, along with their restaurant partners, for trademark infringement.1587 Sneakers… -
Intellectual Property Litigation
A Pecking Order Problem: Pudgy Penguins Faces Penguin Trademark Lawsuit
As reported by Bloomberg Law News, PEI Licensing (“PEI”), the owner of the Penguin apparel brand, has sued Pudgy Penguins NFT (“Pudgy Penguins”) for trademark infringement.Pudgy Penguins started as a… -
Intellectual Property Litigation
Old Brand, New Problems? Nike’s Attempt to Revive “Total 90” Soccer Cleats
Nike is reportedly attempting to revive its classic “Total 90” soccer cleat line, but has encountered an unexpected setback. Total90, LLC has reportedly asserted that Nike is infringing its… -
Intellectual Property Litigation
A Swing and a Miss: The “All Rise” Trademark Attempt
As reported by Bloomberg, attempts to register marks covering the phrases “All Rise” and “Here Comes the Judge” were rejected by the U.S. Court of Appeals for the Federal Circuit. In… -
Intellectual Property Litigation
Hershey’s Kisses Go to Court – Federal Court of Appeal Decision in PIM Brands Inc. v. Hershey Chocolate & Confectionery LLC
The Federal Court of Appeal’s recent decision in Promotion in Motion, Inc. (PIM Brands, Inc.) v. Hershey Chocolate & Confectionery LLC offers fresh guidance on how courts evaluate survey evidence…