Craig Wright, who calls himself the inventor of Bitcoin, failed to defend his Bitcoin copyright case in a UK court. According to the report, Wright had alleged that variations of the Bitcoin concept, such as Bitcoin Cash, violate his intellectual property rights.
Craig Wright Loses Bitcoin Copyright
Judge James Mellor said in a ruling Tuesday that Bitcoin’s file format, the sequence of a header and a list of transactions that make up a block, cannot be treated as a work of literature because Wright cannot show how they were first recorded. This is a test in copyright known as the fixation test.
In a ruling before the Supreme Court of England and Wales, James was quoted as saying:
I see no prospect of the law as it is currently stated and understood in the jurisprudence allowing copyright protection of material that is not expressed or recorded anywhere.
Read more: Check out the top 10 DeFi lending platforms of 2023
Wright, who claims he wrote the white paper on bitcoin in 2008 under the pseudonym Satoshi Nakomoto, had tried to argue that he should be able to block the operation of Bitcoin (BTC) and Bitcoin Cash (BCH) because they violate his intellectual property rights. . In 2017, Wright and Roger Ver forked the Bitcoin chain to create Bitcoin Cash (BCH) and a year later, Wright forked BCH again to create his own Bitcoin SV (BSV) blockchain; where SV stands for “Satoshis’s Vision”.
Wright’s fight against Bitcoin
The lawsuit has been filed against a large number of defendants connected to Bitcoin, including the cryptocurrency exchange Coinbase, which was named multiple times. The judge has stated that further rulings will address copyright claims of the 2008 white paper, as well as whether or not Wright is the author. A week before a ruling from the UK Court of Appeal, it was ruled that a lawsuit brought by Wright’s Tulip Trading against 16 Bitcoin developers should be tried in London.
Multiple witnesses presented forensic evidence in a case heard in Oslo last year, suggesting that documents provided by Wright claiming to be Nakamoto contained discrepancies, such as fonts not available at the time. This evidence was presented in a case heard in Oslo last year.
Also read: What causes the price of the Sandbox (SAND) to skyrocket by more than 20%?
Pratik has been a crypto evangelist since 2016 and has experienced almost everything crypto has to offer. Be it the ICO boom, the bear markets of 2018, Bitcoin’s halving so far – he’s seen it all.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for your personal financial loss.
This post Will this be a huge setback for Bitcoin SV (BSV) holders?
was published first on https://coingape.com/setback-for-bitcoin-sv-bsv-holders/
