Bitcoin Institute

Craig Wright (1970–)

Australian businessman who falsely claimed to be Satoshi Nakamoto

Figures
🔍 Identity hypothesis →

Dark-navy illustration of a looping arrow diagram linking two dates, a red-stamped stack of legal documents, a judge's gavel, and a faceless hooded silhouette above a mismatched identity nameplate.

On May 2, 2016, Craig Wright publicly declared himself to be Satoshi Nakamoto in coordinated interviews with the BBC, The Economist, and GQ. He offered cryptographic proof — a digitally signed message using keys associated with early Bitcoin blocks. Within hours, security researchers showed he had reused an existing signature from a 2009 Bitcoin transaction rather than producing a new signature with the claimed keys.

Eight years later, Justice Mellor delivered the ruling in the case brought by the Crypto Open Patent Alliance:

James Mellor (UK High Court judgment, March 14, 2024)
  1. Dr. Wright is not the author of the Bitcoin White Paper.
  2. Dr. Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011.
  3. Dr. Wright is not the person who created the Bitcoin System.
  4. Dr. Wright did not author the initial versions of the Bitcoin software.

The judge characterised Wright as an extremely dishonest witness and concluded he had engaged in deliberate and extensive forgery of documents to support his false claim of being Satoshi Nakamoto. The self-claim, the arguments it rested on, and the counter-evidence are laid out as a Satoshi-identity hypothesis in Was Craig Wright Satoshi?

On February 21, 2024, Adam Back testified at the COPA trial and submitted his complete five-email Satoshi correspondence as evidence against Wright’s claim, the same day Martti Malmi testified via video link with his own 260-email archive.

Craig Steven Wright is an Australian computer scientist and businessman, born in October 1970 in Brisbane, Australia.

1970Born in Brisbane (Oct)2015Wired and Gizmodoreport Wright aspossible Satoshi (Dec8)2016Wright publicly claims tobe Satoshi via BBC,The Economist, GQ(May 2)"Proof" debunked asreused signature from a2009 Bitcoin transaction2021Sues Cobra (bitcoin.orgoperator) overwhitepaper copyright(Feb)Default judgment forWright; Cobra choseanonymity over identitydisclosure (Jun 28)2024COPA v Wright trial -Martti Malmi and AdamBack testify (Feb 21)Mike Hearn testifies(Feb 22)Justice Mellor rulesindustrial-scale forgery;Wright loses (Mar 14)2025Appeal fails; £225,000costs over AI-fabricatedsubmissions (Mar 6)

Withdrawal

The December 2015 Wired and Gizmodo investigations had preceded the May 2016 claim — the journalists had been the first to suggest Wright as a possible Satoshi candidate, citing materials later shown to be fabricated. After the May 2016 “proof” collapsed under scrutiny, Wright promised further evidence but never delivered. He instead posted an apology:

Craig Wright (drcraigwright.net statement, May 05, 2016)

I believed that I could do this. I believed that I could put the years of anonymity and hiding behind me. But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot.

Whitepaper Lawsuit

In February 2021, Wright sued the pseudonymous operator of bitcoin.org (Cobra) over Bitcoin whitepaper copyright. On June 28, 2021, the court issued a default judgment in Wright’s favor — not because the claim had merit, but because Cobra chose to protect his anonymity rather than reveal his identity to defend himself. Hours later, Cobra posted a public rebuttal declaring cryptographic rules superior to rules a court can buy.

Wright’s identity claims rested on signing with the keys to early blocks (1–9) but never extended to the genesis-block coinbase key — the single demonstration that would be dispositive, and one that no one, including Wright, has ever performed (see the genesis-block hardcode analysis).

Bitcoin SV and the hash war

In November 2018, Wright and Calvin Ayre’s nChain organization led the side of a “hash war” that split Bitcoin SV away from Bitcoin Cash, restoring larger blocks and opcodes disabled in earlier Bitcoin code under the banner of “Satoshi Vision.” It became the chain most associated with Wright’s claim in the years before the COPA trial settled the matter. In the twelve-chain design comparison, Bitcoin SV is listed as led by Craig Wright’s nChain. It is the only one of the twelve chains whose leader has an existing fabrication finding against him.

The failed appeal

Wright sought permission to appeal the COPA ruling, and lost. On March 6, 2025, he was ordered to pay £225,000 in costs after Lord Justice Arnold found that he had improperly used AI to prepare his submissions, which risked seriously misleading the court; COPA’s lawyers said the AI use had led him to rely on non-existent case law and on false statements about the trial. Reports differ on how the sum divided: the Press Association put £100,000 to COPA and £125,000 to the developers he had also sued, all ordered by the Court of Appeal, while the Law Society Gazette put £125,000 to COPA in the Court of Appeal and £100,000 on the indemnity basis in the High Court. It is reported as the first time a UK civil court has ordered costs over a litigant’s misuse of AI.

Related Entries

21 entries

Analysis

Why hasn't Satoshi been found? An asymmetry analysis of the public record

Satoshi Nakamoto ↔ Gavin Andresen, Adam Back, Wei Dai, Hal Finney, Nick Szabo, Craig Wright, Dorian Nakamoto, Peter Todd, Sergio Demian Lerner, Jameson Lopp, Leah McGrath Goodman, Andy Greenberg, Nathaniel Popper, Cullen Hoback, John Carreyrou, James Mellor

Satoshi has been hunted in public for years and left a large trail of material, yet remains unidentified. Why all that searching and all that material have not led to a name.

Analysis

Who Is Satoshi Nakamoto: 12 Geniuses and the Mystery of the Century

Bitcoin Institute ↔ Satoshi Nakamoto, Adam Back, Wei Dai, Hal Finney, James A. Donald, Peter Todd, Nick Szabo, Len Sassaman, Dorian Nakamoto, Craig Wright, Paul Le Roux, Elon Musk, Isamu Kaneko

Twelve recurring Satoshi candidates, compared across four independent layers: profile match, stylometric attribution, direct correspondence and development environment.