Bitcoin (BTC) News: Craig Wright's £911 Billion Lawsuit Targeting Bitcoin Core and Square

Saturday, 12 October 2024, 08:00

In an unprecedented move in Bitcoin (BTC) news, Craig Wright has filed a staggering £911 billion lawsuit against Bitcoin Core and Square. The Australian computer scientist claims they misrepresented Bitcoin, asserting he is the rightful creator. Wright, representing himself, aims to reclaim the integrity of Bitcoin amidst rising controversies.
Beincrypto
Bitcoin (BTC) News: Craig Wright's £911 Billion Lawsuit Targeting Bitcoin Core and Square

In an unexpected twist in Bitcoin (BTC) news, Craig Wright has initiated a £911 billion lawsuit against Bitcoin Core and Square. This legal battle, revealed by a UK High Court case tracker on October 11, accuses Bitcoin Core of misrepresenting Bitcoin as the authentic digital asset associated with Satoshi Nakamoto.

The Allegations Against Bitcoin Core

Wright claims that both Bitcoin Core and Square have distorted the true essence of Bitcoin, seeking compensation for this alleged misrepresentation. Furthermore, he has made it clear on social media that his lawsuit targets not just the developers but also any parties associated with Bitcoin Core.

Potential Implications for Bitcoin's Future

This lawsuit could significantly impact the Bitcoin community. Should Wright succeed in his claims, it may lead to a reevaluation of the integrity and ownership of Bitcoin itself.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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