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Self-proclaimed Bitcoin inventor Craig Wright drops lawsuit against BTC developers

A computer scientist who claims to be the pseudonymous creator of Bitcoin (BTC) is dropping his lawsuit against Bitcoin developers.

According to a new post from the Bitcoin Legal Defense Fund, Craig Wright, who posed as Satoshi Nakamoto for years, is dropping his lawsuit against the 12 Bitcoin developers and others he sued in the UK.

Last month, a judge ruled that there is overwhelming evidence that Wright is not actually Satoshi or the author of the Bitcoin white paper, the original thesis behind the digital asset, paving the way for Wright to drop his current lawsuit .

As stated by the Bitcoin Legal Defense Fund,

“Wright’s hiring ends a nearly decade-long campaign of harassment and intimidation and represents a major win for Bitcoin developers and open source software in general.”

Wright's hiring follows the Bitcoin developer's victory in an identity trial against Wright in the United Kingdom to conclusively prove that Wright is not Satoshi Nakamoto, the pseudonymous creator of Bitcoin.

Wright initially sued the BTC developers in 2021 through his trading firm Tulip Trading.

The case challenging Wright's identity was filed by the Cryptocurrency Open Patent Alliance (COPA), a nonprofit cryptocurrency advocacy group. COPA released a statement following the judge's ruling, saying Wright could no longer bully the BTC community by claiming ownership of the crypto king.

As COPA explained at the time,

“This decision is a win for developers, for the entire open source community and for the truth. For over eight years, Dr. Wright and his backers lied about his identity as Satoshi Nakamoto and used this lie to harass and intimidate developers in the Bitcoin community.

This ends today with the court ruling that Craig Wright is not Satoshi Nakamoto.”

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