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Man convicted for repeatedly lying about inventing Bitcoin

Computer scientist Craig Wright was given a suspended prison sentence for what was described as "legal nonsense."

A computer scientist has been found to have committed contempt of court for falsely and persistently claiming to be the mysterious inventor of Bitcoin, Satoshi Nakamoto. 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. 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.

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