IT expert convicted for repeatedly lying about inventing Bitcoin

However, Wright failed to provide concrete evidence for his claim, which was largely disregard by the cryptocurrency world.

In an attempt to assert he was Satoshi, he launched costly legal cases against people and companies that challenged him.

His actions prompted a coalition of industry companies – the Crypto Open Patent Alliance (COPA) – to force a high court trial this year to prevent him from carrying out any further legal cases.

A judge ruled in their favour saying Wright had “lied extensively” to support his false claim.

Copa lawyer Jonathan Hough said elements of Wright’s conduct during the trial “stray into farce” – but he told the court it also had “deadly serious” consequences and created a “chilling effect” on the industry.

Wright is one of many people who have been identified either by themselves or others as Satoshi.

However, all of those claims have either been debunked or rejected, meaning the search for the real creator of Bitcoin continues.