Satoshi Nakamoto Claimant Craig Wright Sentenced To One Year In Prison
Julia is an experienced writer with a passion for covering a wide variety of beats, especially those relating to policy, power and spectacle. She loves all things politics and regularly covers...
- CFTC Commissioner Caroline Pham Calls On CEO Nominations For New Prediction Markets Initiative
- Donald Trump Approval Rating Lower Than His First Term, New Poll Shows
- Stand With Crypto Begins Vetting 2026 Candidates In New Survey
- U.S. Authorities Offer $15 Million Reward In Ex Olympian Ryan Wedding's Crypto-Linked Trafficking Case
- Senate Banking Committee Will Vote On Crypto Market Structure Next Month, Senator Tim Scott Scott Believes

Craig Wright, the man who fraudulently claimed to be Bitcoin creator Satoshi Nakamoto, received a one year in prison for being in contempt of court.
Craig Wright Handed Court Loss Amid Satoshi Nakamoto Claims
According to reports, Wright was officially sentenced to one year in prison with a suspension for two years Judge James Mellor in the U.K.
The sentencing comes after he filed an over $1 trillion lawsuit against X founder Jack Dorsey and Bitcoin developers at large amid his claims that he was the pseudonymous cryptocurrency creator.
If freedom makes me a villain,
— S Tominaga (@CsTominaga) December 20, 2024
then I will wear that crown like it’s been mine all along.
Villain. They toss the word around like broken glass in a gutter,
sharp edges glinting in the sunlight,
but they never stop to think where it came from.
Villain.
It used to mean something…
Mellor ultimately ruled that Wright had violated a court order earlier in the year that mandated the computer scientist stop pursuing legal action in the U.K. against those who deny his claims of being Nakamoto.
“When it comes to the grounds of contempt I have found each of them provable beyond a reasonable doubt,” Mellor said.
Wright’s suspended sentence means that he will only go behind bars should he reoffend within the two year suspension time frame.
Wright, allegedly appearing during the hearing via livestream, declined to comment outside of announcing his intention to appeal the ruling.
Who Is The Real Bitcoin Creator?
Wright has been the center of international controversy in recent years over his claim that he is Satoshi Nakamoto, with Mellor ruling this past March that there was “overwhelming” evidence he is not the Bitcoin creator.
The case against Wright was formally launched by the Crypto Open Patent Alliance, a non-profit dedicated to the advancement of cryptocurrencies funded by key players in the emerging tech sector including Dorsey and Coinbase, and saw key proof-of-work developer Adam Back testify against him.
“It is now clearer than ever – clear beyond any doubt – that Dr Wright is not Satoshi Nakamoto,” COPA’s website currently reads.
In accordance with a court order, Wright has since updated his website with a legal notice stating that he is not actually Nakamoto detailing that he lied “extensively and repeatedly” while he “attempted to create a false narrative by forging documents ‘on a grand scale.’”
“In advancing his false claim to be Satoshi through multiple legal actions, Dr Wright committed “a most serious abuse” of the process of the courts of the UK, Norway and the USA,” Wright’s website reads.
- [LIVE] Fed Payments Innovation Conference: Real-Time Updates as Federal Reserve Discusses Crypto, Stablecoins, and AI with Industry Leaders
- Crypto Market Prospect: After the Washout, the Soil Looks Richer
- Bitcoin Price Prediction: Saylor Says Quantum Computing Will ‘Harden’ Bitcoin — Is the 2026 Bull Run Locked In?
- Perplexity AI Predicts the Price of Pi, Bitcoin, and Solana By the End of 2025
- China’s Alibaba AI Predicts the Price of XRP, PEPE, Dogecoin by the End of 2025
About Us
2M+
250+
8
70
Market Overview
- 7d
- 1m
- 1y
- [LIVE] Fed Payments Innovation Conference: Real-Time Updates as Federal Reserve Discusses Crypto, Stablecoins, and AI with Industry Leaders
- Crypto Market Prospect: After the Washout, the Soil Looks Richer
- Bitcoin Price Prediction: Saylor Says Quantum Computing Will ‘Harden’ Bitcoin — Is the 2026 Bull Run Locked In?
- Perplexity AI Predicts the Price of Pi, Bitcoin, and Solana By the End of 2025
- China’s Alibaba AI Predicts the Price of XRP, PEPE, Dogecoin by the End of 2025
More Articles
Get dialed in every Tuesday & Friday with quick updates on the world of crypto