Craig Wright Files £911 Billion Lawsuit Against Bitcoin Core and Square Over Bitcoin Integrity

Source Beincrypto

Craig Wright, the Australian computer scientist who claims to have created Bitcoin, has filed a new lawsuit regarding the top digital asset.

On October 11, a UK High Court case tracker revealed that Wright’s legal action targets Bitcoin Core, the technology behind Bitcoin’s distribution, and Square. He later clarified on X that he is suing not just the Bitcoin Core developers but also all affiliated parties.

Wright Files £911 Billion Claim Against Bitcoin Core

Wright’s lawsuit seeks approximately £911 billion from Bitcoin Core and Square. He alleges that they misrepresented Bitcoin (BTC) as the genuine version of the digital asset espoused by Satoshi Nakamoto, the developer of the top crypto. Notably, Wright is representing himself in this case, identifying as a “litigant-in-person.”

In a post on X, Wright expressed his willingness to debate any official representatives from Bitcoin Core. He emphasized that if Bitcoin Core could prove it adheres to the original concept of Bitcoin, as outlined by Nakamoto, he would drop all litigation immediately. Wright insists that honesty is paramount and demands no obfuscation or evasions—only the unvarnished truth.

Wright argues that the top crypto should not serve the interests of the powerful. He believes Nakamoto designed Bitcoin as electronic cash for small, casual transactions, a well-defined and documented vision. He then challenged Bitcoin Core to demonstrate their commitment to these principles.

“If BTC Core wishes to assert that they are the true continuation of Bitcoin, they must do so openly and transparently, and they must do it on the basis of the original design. The burden of proof is theirs. If they can demonstrate, through fact and reason, that they have upheld the principles of small, peer-to-peer transactions, of a decentralized, electronic cash system—then I will have no need to continue with my lawsuits,” Wright stated.

Read more: What Is Bitcoin? A Guide to the Original Cryptocurrency

Wright's New Bitcoin LawsuitWright’s New Bitcoin Lawsuit. Source: X/Bitmex Research

The controversial scientist further clarified that his new lawsuit is unrelated to Satoshi Nakamoto’s identity.

“The issue at hand is not about who Satoshi is, but whether BTC Core has adhered to those original, foundational principles. This debate is about the integrity of Bitcoin’s design, not the identity of its creator,” Wright added.

It’s important to note that a UK court previously ruled against Wright, stating that he is not a Bitcoin developer and that he has extensively misrepresented this claim. Following this ruling, a legal notice on Wright’s website now states that he is not Satoshi and has been ordered to cease any further legal actions based on these false claims.

Read more: Satoshi Nakamoto – Who is the Founder of Bitcoin?

This lawsuit comes shortly after Wright threatened to sue MicroStrategy CEO Michael Saylor for allegedly misrepresenting Bitcoin. Wright accused Saylor of suggesting that BTC aligns with the original Bitcoin whitepaper. It remains unclear whether this threat is related to his recent lawsuit.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD climbs above $4,250 as Fed rate cut weakens US DollarGold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower. 
Author  FXStreet
Dec 12, Fri
Gold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower. 
placeholder
December Santa Claus Rally: New highs in sight for US and European stocks?Historical data show a rising trend of US and European stocks in December. If the momentum is strong, fund managers may rush in with a buying frenzy.
Author  Mitrade
Dec 17, Wed
Historical data show a rising trend of US and European stocks in December. If the momentum is strong, fund managers may rush in with a buying frenzy.
placeholder
When is the BoJ rate decision and how could it affect USD/JPY?The Bank of Japan (BoJ) will announce its interest rate decision between 03.30 and 05.00 GMT, followed by Governor Kazuo Ueda's press conference at 06.30 GMT.
Author  FXStreet
Dec 19, Fri
The Bank of Japan (BoJ) will announce its interest rate decision between 03.30 and 05.00 GMT, followed by Governor Kazuo Ueda's press conference at 06.30 GMT.
placeholder
Pi Network Price Annual Forecast: PI Heads Into a Volatile 2026 as Utility Questions Collide With Big UnlocksPi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
Author  Mitrade
Dec 19, Fri
Pi Network heads into 2026 after a 90%+ 2025 drawdown from $3.00, with 17.5 million KYC users and a smart-contract-focused Stellar v23 upgrade offering upside potential, but 1.21 billion tokens unlocking and heavy exchange deposits (437 million PI) keeping supply pressure and trust risks firmly in focus.
placeholder
Bitcoin Traders Split on Whether BTC Will Drop to $70K or Rebound SoonBitcoin market participants hold divided views for short-term price action, with targets ranging vastly between $150,000 and a potential drop back to $70,000.
Author  Mitrade
8 hours ago
Bitcoin market participants hold divided views for short-term price action, with targets ranging vastly between $150,000 and a potential drop back to $70,000.
goTop
quote