Craig Wright, who claims to be the inventor of Bit, was sentenced by a UK court to one year of probation and fined £145,000 (about $180,000) on 12/19 for violating a court order and continuing to sue crypto businesses.
In fact, as early as March this year, a UK court had already ruled that Craig Wright is not the inventor of Bit, Satoshi Nakamoto. However, he still bullies and threatens the Bit community and developers under the identity of "Satoshi Nakamoto", and continues to file lawsuits, which eventually led to his punishment by the court. Also, because his nationality is Australian, he is mockingly referred to as "Aussie Satoshi" by the community.
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ToggleFive counts of contempt of court were established, and the UK court sentenced him to one year of probation
According to reports, Aussie Satoshi had already been ordered by a UK court in July to stop using the identity of "I am Satoshi Nakamoto" to sue related crypto businesses, but he completely ignored it, and even sued more than 100 companies, and claimed a staggering £9 billion (about $1.14 trillion) in damages.
COPA lawyer Jonathan Hough accused that these lawsuits were completely "a public relations operation to attract public attention". The UK court sentenced Aussie Satoshi to one year of probation on five counts of contempt of court, and fined him £145,000.
He appealed before, but was rejected, and the defendant of the lawsuit counterattacked
As early as March this year, a UK court had already ruled that Aussie Satoshi is not "Satoshi Nakamoto", and stated that there were many false statements in his testimony. Aussie Satoshi then filed an appeal, but in July this year, the UK Court of Appeal dismissed Aussie Satoshi's appeal and upheld the original judgment.
On the other hand, some victims who were sued and bullied by Aussie Satoshi chose to counterattack. For example, the previous host of the Podcast "What Bit Did", Peter McCormack, had lost to Aussie Satoshi before, causing the UK High Court to freeze some of Aussie Satoshi's assets to help McCormack recover $1.9 million in legal fees, which was the result of Craig Wright's libel lawsuit against McCormack.
The identity of Satoshi Nakamoto remains a mystery
Although Aussie Satoshi has always claimed to be "Satoshi Nakamoto", the court believes that he has not provided sufficient evidence to prove this. In fact, since the Bit whitepaper was published in 2008, the true identity of Satoshi Nakamoto has remained a mystery.
That said, Aussie Satoshi continues to use the name "Satoshi Nakamoto" to bluff and continue to sue related crypto businesses, and it remains to be seen whether this probation sentence will "teach him a lesson".
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