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
Trump’s Greenland Tariff Suspension: Crypto Prices Rebound as Investors Weigh Rally LongevityTrump declares Greenland tariffs void; crypto market quickly reverses losses to gains, with Bitcoin expected to continue its rebound higher.During the early hours of Thursday (January 22)
Author  TradingKey
12 hours ago
Trump declares Greenland tariffs void; crypto market quickly reverses losses to gains, with Bitcoin expected to continue its rebound higher.During the early hours of Thursday (January 22)
placeholder
BTC Eyes $90K as Trump Hints at Imminent Crypto Bill SigningPresident Trump's pledge to sign pro-crypto legislation boosts Bitcoin prices as he emphasizes keeping the US as a crypto leader.
Author  Mitrade
13 hours ago
President Trump's pledge to sign pro-crypto legislation boosts Bitcoin prices as he emphasizes keeping the US as a crypto leader.
placeholder
Gold moves away from record high as safe-haven demand fades on easing trade war concernsGold (XAU/USD) is seen extending the previous day's modest pullback from the vicinity of the $4,900 mark, or a fresh all-time peak, and drifting lower through the Asian session on Thursday.
Author  FXStreet
16 hours ago
Gold (XAU/USD) is seen extending the previous day's modest pullback from the vicinity of the $4,900 mark, or a fresh all-time peak, and drifting lower through the Asian session on Thursday.
placeholder
Bitcoin’s Whale Map Shifts as BTC Drops Below $90,000Bitcoin fell below $90,000 to around $88,300 as risk-off headlines hit markets, while on-chain data shows new whales now lead Realized Cap with a ~$98,000 cost basis and ~$6B unrealized losses.
Author  Mitrade
16 hours ago
Bitcoin fell below $90,000 to around $88,300 as risk-off headlines hit markets, while on-chain data shows new whales now lead Realized Cap with a ~$98,000 cost basis and ~$6B unrealized losses.
placeholder
Australian Dollar rises as employment data boosts RBA outlookThe Australian Dollar advances against the US Dollar (USD) on Thursday, following the seasonally adjusted employment data from Australia, which strengthens expectations of tighter monetary policy from the Reserve Bank of Australia (RBA)
Author  FXStreet
20 hours ago
The Australian Dollar advances against the US Dollar (USD) on Thursday, following the seasonally adjusted employment data from Australia, which strengthens expectations of tighter monetary policy from the Reserve Bank of Australia (RBA)
goTop
quote