Craig Wright, the man who claims to be the true creator of Bitcoin and, therefore, who claims the identity of Satoshi Nakamoto, published a letter in which he proposed a public offer to the Crypto Open Patent Alliance (COPA), a community created by developers and other protectors of the pioneering digital currency.
In his letter Wright proposes to avoid a trial, scheduled for February of this year, over the intellectual property rights of Bitcoin and in which he is required to prove that he really is the pseudonymous creator of Bitcoin, Satoshi Nakamoto. Last month, a UK judge told Wright to produce in court printouts of 95 documents dating back to 2007. According to Wright's lawyers, this alleged evidence was stored on a USB drive and would prove that he is Nakamoto.
In February, I am due to face a group of individuals and corporate entities at the High Court in London, where I intend to defend my intellectual property rights in Bitcoin as its creator. However, the focus of my various litigation to date has never been to reveal my pseudonymous identity as Satoshi Nakamoto, but rather to demand that Bitcoin remain true to its core principles.
Craig Wright, in his public letter.
Wright then adds: “I agree to waive my database rights and my copyright (…) and offer an irrevocable license in perpetuity to my opposing parties who control, operate and/or collectively own those databases.”
The offer made by Wright will be on the table until this Wednesday, since all parties have until then to decide if they want to seal the agreement or move forward with the trial, as Wright points out in his public letter.
It proposes ending all legal claims in the lawsuit , and making each party responsible for its legal costs. Also, ask developers and other Bitcoin protectors to focus on their technology and not allow new forks.
Should COPA members accept the agreement, they will also give up any ability to use the media to speak out against Wright.
Until the writing of this note, COPA had not responded to Wright's proposals. This group is made up of 13 Bitcoin Core developers, the companies Chaincode, Blockstream, Spiral, Block; including Coinbase exchanges, Kraken and the Cash App platform. The group was formed in 2021 when Jack Dorsey filed a lawsuit against Wright over his attempts to obtain copyrights on the Bitcoin whitepaper.
He later sued bitcoiner and podcaster McCormack for defamation after the latter called him a “liar” and a “fraud” in relation to his claims of being Satoshi Nakamoto. Last summer, the London court found that Wright presented false evidence and fined him £1 million in damages.
In any case, the letter that Wright sent to COPA, for some analysts, shows that the time has come to put an end to the legal battle that has been surrounding the identity of Satoshi Nakamoto.
Analyst Samson Mow commented on the above, stating: "Faketoshi rekt." The term "Faketoshi" is used colloquially to refer to Wright due to his claims to be Satoshi Nakamoto, and "rekt" implies a setback or defeat.
Meanwhile, the bitcoin community is watching closely as one of its most controversial figures faces new legal scrutiny for alleged dishonesty and intimidation tactics.
