Loading cryptocurrency prices...

Self-Proclaimed Bitcoin Creator Faces Prison After Skipping UK Court Hearing

Self-proclaimed Bitcoin inventor faces potential contempt charges as copyright battle intensifies

  • Craig Wright fails to appear at London contempt hearing, citing financial inability to travel.
  • COPA offered to cover Wright’s travel expenses, which he declined, requesting £240,000 instead.
  • Legal team recommends two-year custodial sentence for Wright’s non-appearance.
  • Wright previously attempted to avoid attendance citing autism and holiday commitments.
  • Remote sentencing hearing scheduled for tomorrow following Wright’s absence.

Wright’s Legal Troubles Intensify

Craig Wright, the Australian computer scientist who claims to be Bitcoin creator Satoshi Nakamoto, failed to appear at his contempt of court hearing in London on Monday, escalating his ongoing legal battle with the Crypto Open Patent Alliance (COPA).

- Advertisement -

According to court proceedings documented by Bitmex Research, Wright communicated his absence via email at 9:39 AM, citing insufficient funds for travel. This comes after Mr. Justice Mellor’s November order requiring Wright’s in-person attendance, dismissing his previous objections as lacking merit.

Financial Demands and Legal Consequences

COPA’s attempts to facilitate Wright’s appearance included offering to cover his travel expenses. However, Wright rejected this offer, instead requesting £240,000 as compensation for alleged business losses due to COPA’s actions.

The contempt hearing stems from Wright’s alleged breach of court injunctions after filing a £900 billion lawsuit against Square Up and BTC Core. COPA’s legal representative, Jonathan Hough, characterized Wright’s absence as voluntary avoidance of consequences.

Patent attorney David Pearce documented that Judge Mellor has scheduled a remote sentencing hearing for tomorrow, where Wright may participate virtually. The prosecution has recommended a two-year custodial sentence, marking a significant escalation in the legal proceedings against Wright.

- Advertisement -

The case highlights the increasing scrutiny of Wright’s claims and legal maneuvers within the cryptocurrency sector, with COPA recently alleging that Wright utilized Artificial Intelligence tools to generate court submissions.

✅ Follow BITNEWSBOT on Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

North Korean Hackers Target npm, Spread Malware to Web3 Devs

North Korean Hackers uploaded over 300 malicious code packages to the public JavaScript library...

Walmart Stock Hits ATH After OpenAI Deal, Eyes $125 Target

Walmart stock rose 5.6% over the past week, reaching a record high. The company's partnership...

GitHub Suspension Sparks Concerns Over Microsoft’s Bitcoin Power

A Bitcoin developer's account was suspended by Microsoft's GitHub, raising concerns over centralized control.The...

Gold Surges to Record $4,200 as Safe-Haven Demand Soars Globally

Gold reached a record high above $4,200 per ounce, largely driven by increased demand...

Shiba Inu Price: Can SHIB Ever Reach $1 Amid Massive Supply?

Shiba Inu remains one of the most widely followed cryptocurrencies. Current market data show the...
- Advertisement -

Must Read

What Is a Sim Swap Hack?

You've likely heard the term 'sim-swap,' but do you really know what it means? It's a type of fraud that's rapidly increasing, where scammers...