Craig Wright, the self-proclaimed creator of Bitcoin, withdraws lawsuit against developers of BTC.
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Craig Wright, the self-proclaimed creator of Bitcoin, withdraws lawsuit against developers of BTC.

A computer scientist who asserts that he is the anonymous creator of Bitcoin, known as Satoshi Nakamoto, has decided to withdraw his lawsuit against Bitcoin developers. The Bitcoin Legal Defense Fund recently announced that Craig Wright, who has long claimed to be Nakamoto, is dropping his case against the 12 developers and other individuals he had sued in the United Kingdom. Last month, a judge ruled that there is substantial evidence proving that Wright is not actually Nakamoto and did not write the Bitcoin White Paper, the foundational document for the digital asset. This ruling paved the way for Wright to end his current lawsuit. The Bitcoin Legal Defense Fund celebrated the discontinuance, stating that it marks the conclusion of a nearly decade-long campaign of harassment and intimidation, and represents a significant victory for the Bitcoin developers and open-source software in general. Wright’s decision to drop the case comes after the Bitcoin developers won a related lawsuit in the UK, known as the “Identity Trial,” which aimed to definitively establish that Wright is not Nakamoto. Wright initially filed the lawsuit against the BTC developers in 2021 through his trading firm, Tulip Trading. The case questioning Wright’s identity was initiated by the Cryptocurrency Open Patent Alliance (COPA), a non-profit crypto advocacy group. COPA issued a statement following the judge’s ruling, stating that Wright can no longer exert control over the Bitcoin community by falsely claiming ownership of the cryptocurrency. The statement emphasized that the court’s decision is a victory for developers, the open-source community, and the truth. COPA asserted that for over eight years, Wright and his financial supporters have lied about his identity as Nakamoto and used that lie to bully and intimidate Bitcoin developers. However, with the court’s ruling confirming that Wright is not Nakamoto, those actions can no longer continue.

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