UK Court Rules Craig Wright Has No Copyright Claim On Bitcoin

The ruling is the latest in a string of court cases that have ended with a decision against Craig Wright.

A United Kingdom court has ruled against Craig Wright, indicating that he has no copyright claim over Bitcoin’s code.

According to the Tuesday ruling, Wright’s claim that the formatting of Bitcoin blocks is his intellectual property failed in the court of law, due to the inability to demonstrate what is known as “fixation.” Fixation describes the ability to show the first recording of a piece of work, which Wright could not do.

This is the latest in a series of court rulings against Wright’s favor, with the Norwegian courts ruling against him in the case against Hodlonaut, and the United Kingdom ruling against him in his case with Peter McCormack.

For Bitcoin developers and open-source code developers, the attacks by Craig Wright have been a moment of hesitancy, and even fear. The litigation that ties up developers as a result of these lawsuits is incredibly expensive, and creates major problems in the lives of developers. While funds have been put together before in order to support those who need it, rulings that reinforce the idea that Bitcoin is not a copyrighted code with limited access set important precedent.

It also serves as a reminder of Bitcoin’s open-source nature and reinforces the idea that anyone can contribute to its development without fear of legal repercussions. This ruling is a victory for open-source developers and the Bitcoin community.

#Court #Rules #Craig #Wright #Copyright #Claim #Bitcoin


Related Posts

South Korea to examine crypto staking services following the Kraken case

As reported by a local publication on Feb. 15, Korean financial authorities are looking into the staking services market. However, as the unnamed official specified to the…

Elon Musk Hints At New Twitter CEO At End-2023, Causes FLOKI To Skyrocket 45%

Elon Musk announced in December of last year that he will step down as CEO of Twitter once a replacement is found, but will continue to operate…

Bitcoin eyeing ‘next big move’ which could see $19K retest — analyst

Bitcoin (BTC) is headed to either $28,000 or $19,000 and this week could decide all, fresh analysis says. In Twitter comments on Feb. 15, popular trader Skew…

Messari Analyst Reveals Why Polygon Is Set For Steady Growth

Through his tweet today, Messari analyst Tom Dunleavy singled out Polygon as a top-performing crypto asset and further described traits that set the cryptocurrency for further growth….

Sequoia Capital, Paradigm among VCs facing ‘tricky’ FTX investor lawsuit

Users of bankrupt crypto exchange FTX have reportedly taken aim at financiers who promoted the platform suggesting their efforts added an “air of legitimacy” to the now-defunct…

Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

A bi-partisan anti-money laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and DAOs will soon be reintroduced to Congress, according to United…

Leave a Reply

Your email address will not be published. Required fields are marked *