Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.
when the presiding judge in its U.K. trial against computer scientist Craig Wright declared that he is not Satoshi Nakamoto, the creator of Bitcoin, but the battle is not over. COPA wants court orders in place to limit Wright's ability to sue others.
At this point, it remains unclear yet whether or not Wright will be prevented from continuing to claim he is Nakamoto, Louise Abbott, partner at Keystone law firm said.COPA's win should heavily sway some of his existing cases in favor of the crypto community, Abbott explained. Wright's loss is set to weaken his claims in his case against Kraken and Coinbase. He alleged that those exchanges are not selling bitcoin, but rather, his intellectual property.
"He alleges violation of his copyrights to the Bitcoin whitepaper and database rights to the Bitcoin blockchain," Abbott said."This week’s findings will dramatically affect his prospects of succeeding in these arguments."
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