The true identity of Satoshi Nakamoto, the father of Bitcoin, and the private key to the genesis block remain undisclosed. Craig Wright has claimed for years that he is Satoshi Nakamoto, but the UK High Court ruled that he is not, accusing him of repeatedly lying to the court and massively forging documents.
UK High Court Judge James Mellor stated, “Wright claims to be an exceptionally intelligent person. However, in my view, he is far less clever than he believes. Whether in his written evidence or oral testimony under cross-examination, I am fully convinced that Dr. Wright lied repeatedly and extensively to the court.”
“Most of his lies relate to his forged documents, which were intended to support his claims. All of his lies and forged documents were to bolster his greatest lie—that he is Satoshi Nakamoto,” Mellor continued.
Since Wright began making his claims of being Satoshi Nakamoto in 2015, long-time Bitcoin supporters have largely ignored him. However, mainstream media quickly provided him with the platform he needed to spread his claims, causing harm to individuals, companies, and the image of Bitcoin.
Thanks to the court’s ruling, the crypto industry can maintain the narrative of Bitcoin's "flawless" nature without doubting Wright’s claims.
This situation has been partly facilitated by publications such as Gizmodo, Wired, BBC, Financial Times, The Economist, GQ, and others. Many media outlets failed to simply look at the facts, including those that can be easily verified with cryptographic data.
According to CoinTelegraph, even as late as 2019, some media outlets had not received the memo on Wright. When Wright filed a U.S. copyright claim for the Bitcoin whitepaper in April 2019, the Financial Times quoted Wright’s spokesperson, stating that it was “the first government agency to recognize Wright as the creator of Bitcoin, Satoshi Nakamoto.”
Besides media reports, Wright also deceived Gavin Andresen, who was entrusted with the Bitcoin source code when Satoshi Nakamoto stopped contributing and moved on to other matters. Amid the chaos caused by Wright, Bitcoin developers revoked Andresen’s commit privileges, citing a "confused environment."
This was a significant issue for the Bitcoin industry at the time, as Wright emerged during a period of great uncertainty within the industry.
It is known that Satoshi Nakamoto communicated only through text, appearing patient, disciplined, rational, and even-tempered. Despite having the opportunity, he never sought the limelight.
Satoshi wanted early adopters not to publicize Bitcoin because he believed it was not ready for wider adoption. In 2011, after WikiLeaks began accepting Bitcoin and Andresen gave a presentation to the CIA, Satoshi felt uneasy and left the Bitcoin scene.
On the other hand, Wright has always been boastful. He strongly hinted that he was Satoshi Nakamoto, making it seem plausible in both forums and blog posts. Dubbed “Faketoshi” on Bitcoin internet forums, Wright seized every opportunity to make himself the center of attention. Mellor wrote that Wright’s attempts to prove he is Satoshi Nakamoto were “the most serious abuse of this court's process.” This ruling signifies Wright’s complete failure, although he plans to appeal.
Meanwhile, this could expose him to lawsuits from those adversely affected by his actions, including companies like Coinbase and content creators like Peter McCormack.
If Wright were Satoshi Nakamoto, he could forge a message and sign it with the private key of the genesis block. He could use a PGP key (one that cannot be retroactively forged) to sign the message, but this has never happened.
“Bitcoin can finally move forward without Wright’s shadow,” the article concludes.