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He was sentenced to 12 months in prison, but suspended for 2 years.
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Wright was convicted after launching a legal claim against Bitcoin developers.
A London court convicted Craig Wright, the fake Satoshi Nakamoto, of contempt of court. The sentence is 12 months in prison, although in a suspended prison condition.
The conviction It comes after Wright launched a legal claim for 900,000 million pounds (USD 1,100 billion) for intellectual property rights system related Bitcoin.
The Crypto Open Patent Alliance (COPA) brought the case, arguing that Wright’s lawsuit violated the London court’s July ruling. which prohibited him from initiating proceedings related to his claim to be Nakamoto.
Wright, who was in Asia, attended court virtually Thursday to hear the sentencing, which was suspended for two years.
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A suspended prison sentence is a judicial measure in which a prison sentence is imposed on a person, but its execution is suspended under certain conditions. This means that the convicted person does not have to go to jail immediatelyas long as it meets specific requirements.
Wright declined to say where in Asia he was located. and insisted that he would appeal the verdict.
Last March, Judge James Mellor ruled that Wright is not Satoshi Nakamoto. He subsequently issued an injunction preventing Wright from bringing proceedings in the UK and other jurisdictions relating to the claim.
Due to his movement, he was sentenced. If an international arrest warrant is issued, you may not be extradited if you are actually in Asia, since the United Kingdom does not have extradition agreements with those countries.
Wright states be the enigmatic creator of Bitcoin since 2016 and, since then, has been refuted by multiple evidence and judicial decisions. His attempt to claim intellectual property rights over the Bitcoin protocol led to a series of legal disputes, culminating in the current contempt ruling.
The suspension of Wright’s sentence for two years gives him time to comply with the conditions imposed by the court, thus avoiding immediate imprisonment. However, the threat of imprisonment remains if he does not adhere to these conditions, which includes not initiating new legal proceedings based on his claim to be Nakamoto.
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