Bitcoin.org must now remove the Bitcoin whitepaper, host a notice referring to the court’s judgment, and pay $48,600 to cover Wright’s legal costs.
The self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright, has won a legal battle claiming copyright infringement on the part of bitcoin.org for hosting the Bitcoin whitepaper.Wright won by default after the website’s pseudonymous owner, “Cøbra,” chose not to mount a defense.Bitcoin.org must now remove the whitepaper and display a notice referring to the judgment and cough up at least 35,000 GBP ($48,600) to cover Wright’s legal costs. Cøbra responded to the ruling on Twitter: I don’t think you could get a better advertisement of *why* Bitcoin is necessary than what happened today.Rules enforced through cryptography are far more superior than rules based on whoever can spend hundreds of thousands of dollars in court.— Cøbra (@CobraBitcoin) June
Austrian Regulator Reports Rise in Crypto Fraud
The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital…