Today, Dr. Craig S. Wright, who claims to be Satoshi Nakamoto despite providing no concrete proof, issued a settlement offer to members of the Crypto Open Patent Alliance (COPA) and all other parties involved. The letter posted on Wright's personal blog outlines the terms of the proposed settlement.
Dr. Wright's letter expresses his willingness to reach a settlement on multiple instances of the protracted legal standoffs he has initiated. The proposed settlement offers to assign the Wrights' database rights and copyrights to the BTC, BCH, and ABC databases, and “provide an irrevocable license in perpetuity to opposing parties that collectively control, manage, and/or own such databases.” It is important to note that Bitcoin (BTC) is a decentralized and distributed ledger, meaning that no individual or institution owns and controls the network.
“It is clear that if he is not Satoshi (which is the case for COPA), then the 'database rights and copyrights' are not his to grant licenses.” WizSec Bitcoin Research. “Perhaps Calvin and Craig think they are playing a game of 5D chess by basing this ‘show’ on such an obviously false premise.”
Part of Wright's terms is that COPA may not create, copy or fork Bitcoin. It is important to note that Craig Wright's Bitcoin Satoshi Vision (BSV) is a fork of Bitcoin Cash (BCH), which was a fork of the first and original cryptocurrency, Bitcoin (BTC).
Wright also wrote an exposition in his pitch trying to continue his position as he declared himself to be Satoshi Nakamoto, demanding in his pitch that the entities stop claiming to represent Bitcoin, and should publicly acknowledge what they believe Bitcoin was created for.
While it may seem plausible to those who are not aware of the latest developments in these experiments that Wright presents, many Bitcoin users in the community who participated in reporting these cases believe that Wright is only doing this to “continue fraud using Satoshi’s nickname.” He avoided imprisonment for more than 500 forgeries he carried out himself.
“I've been following the COPA – Wright case pending in the UK, and I have to say, in over 35 years of litigation, I have never seen anything in 35 years like the level of document falsification in a lawsuit brought by one party,” he said. J. Nicholas Gross Berkeley Mastery of Intellectual Property Law. “At this point, I do not understand how CW’s attorneys can continue to represent a party that they can clearly see is committing fraud in court in plain sight and now with their complicity?”
The response of COPA members and other interested parties will be pivotal in determining the course of the dispute. COPA, an organization that advocates for patent non-aggression in the cryptocurrency community, faces a decision on whether to participate in settlement discussions or continue the legal battle. You have until 4pm on January 31st to review the offer from Dr. Wright and accept or decline it.
