Get 40% Off
🚀 Our AI Picked 6 Stocks that Jumped +25% in Q1. Which Picks Will Soar in Q2?Unlock full list

COPA vs Craig Wright’s Case Resumes Over Satoshi Nakamoto Claims

Published 19/02/2024, 21:35
Updated 19/02/2024, 21:45
COPA vs Craig Wright’s Case Resumes Over Satoshi Nakamoto Claims

Coin Edition -

  • BitMEX reported the COPA vs CSW case resumed today, February 19, 2024.
  • Wright produced three witnesses in defense of claims that he is Bitcoin’s creator.
  • Wright’s witnesses include David Bridges, Max Lynam, and Stefan Matthews.

BitMEX Research reported the resumption of the trial between the Crypto Open Patent Alliance (COPA) and Craig Steven Wright (CWS). According to BitMEX Research, three witnesses of Wright are due in court today, including David Bridges, Max Lynam, and Stefan Matthews.

Describing the relationships of the witnesses with Wright, the reporting platform noted that Bridges met Wright around 2006. BitMEX described Lynam as Wright’s cousin, while Matthews is the CEO of nChain, a global blockchain technology company. While Matthews was physically present in court, Bridges and Lynam were said to appear remotely.

On the schedule of cross-examination, BitMEX reported that Matthews will likely continue his cross-examination into tomorrow morning, after which the cross-examination of COPA witnesses would begin. However, as per BitMEX’s report, neither Wright nor Matthews had arrived at the courtroom.

Today’s proceeding continues as trial day 11. It is a case where COPA, led by a combination of commercial interests like Coinbase (NASDAQ:COIN), Kraken, Block, and Meta, sued Wright, a British Australian computer scientist, over claims that he is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.

As per BitMEX’s report, only Bridges’ cross-examination was on, following a remote swearing-in process via a video link. In his response to questions, the witness noted that he had not watched the trial, even on social media. He agreed to have worked for Qudos Bank for 19 years and only stopped working there last December.

Bridges acknowledged having met Wright in 2006 when he did security audit work. He also agreed that Wright did a full security audit and then did similar tests on third parties as a summary of his work at BDO.

The witness cross-examination was ongoing when BitMEX made its report, with more revelations expected in determining whether Wright is Bitcoin’s creator based on his claims. Crypto community members expect the case to linger. Perhaps it will take a few weeks before the court determines the authenticity of Wright’s claims.

The post COPA vs Craig Wright’s Case Resumes Over Satoshi Nakamoto Claims appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.