Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Bitcoin

UK court: Craig Wright given suspended one-year sentence for contempt of court

Newsroom by Newsroom
December 24, 2024
in Bitcoin
do kwon
Share on FacebookShare on TwitterShare on Linkedin

The sentence follows repeated violations of a court order prohibiting him from claiming to be Satoshi Nakamoto and filing lawsuits based on that assertion.

Australian computer scientist Craig Wright has been sentenced to one year in prison with a two-year suspension by the UK High Court. This means Wright will only serve the sentence if he violates court orders during this period.

The sentence was handed down by Judge James Edward Mellor after Wright breached a previous court order by filing a £911 billion and 50 million lawsuit against Bitcoin developers and the company Square last October.

During the hearing, Judge Mellor emphasized the unequivocal nature of Wright’s violations, ordering him to immediately withdraw his latest legal action. The judge stated:

“There is no doubt whatever that each of these contempts has been proved.”

The situation is further complicated by Wright’s current geographical location. He did not attend the December 18 hearing in person, citing financial losses amounting to £240,000. Appearing remotely the following day, Wright revealed that he was in Asia, presumably in Singapore or Indonesia, but did not specify his exact location. This circumstance could make enforcing the sentence particularly challenging, given the lack of extradition treaties with Indonesia and the limitations of the agreement with Singapore, which does not cover civil contempt cases.

The Crypto Open Patent Alliance (COPA) was awarded £145,000 in legal costs. Despite being denied permission last month to appeal the previous ruling declaring that he is not the creator of Bitcoin, Wright has stated that he will appeal this new conviction for contempt of court.

Previous Post

Chinese automotive company becomes the third-largest player in mining: 363.9 bitcoins mined in November

Next Post

Saylor presents crypto framework to guide the Trump administration

Latest News

Stratum V2: Antpool, Foundry, F2Pool e altri entrano nel Working Group
Bitcoin

Stratum V2: Antpool, Foundry, F2Pool and others join the Working Group

by Newsroom
May 8, 2026
0

Seven of the leading Bitcoin mining players join the working group to accelerate adoption of the Stratum V2 protocol.

Read moreDetails
Block Inc: guidance rivista al rialzo dopo Q1 solido, perdita Bitcoin da $173 milioni
Bitcoin

Block Inc: guidance raised after solid Q1, $173 million Bitcoin loss

by Newsroom
May 8, 2026
0

Jack Dorsey's company records a $173 million unrealized loss on its Bitcoin treasury, but raises 2026 forecasts following positive quarterly...

Read moreDetails
IREN: Nvidia entra nel capitale con warrant da 30 milioni di azioni
Bitcoin

IREN: Nvidia takes stake with 30 million share warrants

by Newsroom
May 8, 2026
0

The strategic partnership between IREN and Nvidia for AI infrastructure expansion sent the stock surging more than 25% in after-hours...

Read moreDetails
GameStop: l’offerta da $56 miliardi per eBay incontra il muro del credito
Bitcoin

GameStop: $56 billion bid for eBay hits credit wall

by Newsroom
May 8, 2026
0

The TD Securities financing letter requires the resulting company to maintain an investment-grade credit profile, a condition Moody's considers hard...

Read moreDetails
Germania: Klingbeil vuole eliminare l’esenzione fiscale dei digital asset nel 2027
Bitcoin

Germany: Klingbeil wants to eliminate digital asset tax exemption in 2027

by Newsroom
May 7, 2026
0

Finance Minister Lars Klingbeil has included in the 2027 budget a plan to tax digital assets at 25% regardless of...

Read moreDetails
Atlas21

© 2026 Atlas21

Navigate Site

  • Editorial Policy
  • Cookie Policy
  • Privacy Policy
  • Team

Follow Us

No Result
View All Result
  • Bitcoin 101
    • What Is Bitcoin? A Complete Guide
    • Bitcoin Security: A Complete Guide
    • Bitcoin Privacy: A Complete Guide
    • Lightning Network: A Complete Guide
    • Bitcoin Mining: A Complete Guide
    • Advanced Bitcoin: A Technical Guide
  • Learn
  • Latest News
  • Interviews
  • Opinion
  • Feature
  • B2B Services
  • About Us
  • Contacts

© 2026 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.