After much conjecture and court fights, the decision is final. In an effort to prevent Wright from suing developers and other cryptocurrency industry participants for allegedly infringing on Bitcoin's intellectual property, the Crypto Open Patent Alliance (COPA) filed the initial lawsuit.
The judge considered the evidence against Wright's claim to be convincing throughout the month-long trial, and he made it clear that he would provide a detailed ruling soon, highlighting Wright's lack of involvement in the invention of Bitcoin.
With support from well-known individuals and businesses in the internet and cryptocurrency sectors, such as Coinbase and Twitter founder Jack Dorsey, the decision is a victory for COPA.
On the grounds of his purported rights to the Bitcoin blockchain, Wright also brought two related claims, one against Coinbase and the other against Dorsey's Block, which Justice Mellor dismissed. The dismissals show Wright's contention that Satoshi is unfounded and depend on the outcome of the primary lawsuit.
COPA contested Wright's claim to be the founder of Bitcoin during the six-week trial, arguing that he had allegedly produced fraudulent proof and altered his account when confronted with inconsistencies. During the final arguments, COPA's Jonathan Hough highlighted Wright's problems with credibility.
In the last five years, Wright has filed numerous lawsuits to defend his ownership of the leading cryptocurrency. The goal of COPA's lawsuit was to stop Wright's allegations and stop more legal action. A COPA representative stated that the organization hoped to prevent Wright from bringing up new Satoshi claims in order to prevent more legal conflicts, citing worries about potential legal action from Wright.
