Self-proclaimed Bitcoin inventor sentenced for contempt of court after launching $1.2 trillion lawsuit

What just happened? Craig Wright, the Australian computer scientist who has repeatedly made the false claim that he is Bitcoin inventor Satoshi Nakamoto, has been found to be in contempt of court and handed a 12-month jail sentence for continuing to sue developers.

Back in 2016, Wright announced that he was the pseudonymous Satoshi and said he could prove it. That claim has been disputed ever since, but Wright continues to argue that he really is the mysterious creator and has launched legal battles against those who say otherwise.

The Crypto Open Patent Alliance (COPA) forced a trial earlier this year aiming to stop Wright from suing more people.

The high court in London – Wright lives in the UK – found in favor of COPA. The judge said during the trial that Wright had lied about his role in launching Bitcoin, using clumsy forgeries "on a grand scale" and "technobabble," and ...