- Craig Wright was sentenced to a one-year jail term, suspended for two years, for contempt of court.
- The court ordered Wright to pay £145,000 in legal costs for defying a previous ruling.
The ruling came after Wright launched lawsuits against Bitcoin developers despite a court order prohibiting such actions. He faced five counts of contempt of court, and Justice James Mellor declared these proven beyond reasonable doubt. The court also ordered Wright to pay £145,000 in legal costs.
The Crypto Open Patent Alliance (COPA), a non-profit organisation representing cryptocurrency firms, brought the contempt case against Wright. COPA lawyer Jonathan Hough argued that Wright used his lawsuits as publicity stunts to mislead his followers.
Craig Wright’s Manipulative Tactics
Wright, appearing remotely from Asia, declared his intent to appeal the ruling. However, the court’s decision underscored the lack of credibility in his claims. In May, the court ordered Wright to publicly acknowledge he is not Satoshi Nakamoto or the author of the Bitcoin white paper.
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