Bitcoin Royalty Descends on the Satoshi Nakamoto Trial

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Craig Wright has claimed for years to be Satoshi Nakamoto, creator of Bitcoin. This week in the UK High Court, Nakamoto's early collaborators took the stand.

Bitcoin was invented by Satoshi Nakamoto, an enigmatic figure about whom almost nothing is known. Fifteen years ago, Satoshi brought the idea of an electronic cash system into being with the help of a small cast of oddballs. This week, some of those early collaborators—now crypto-celebrities in their own right—took to the witness box of a London courtroom. They had come to testify against an alleged imposter. Since 2016, Australian computer scientist Craig Wright has claimed to be Satoshi.

hoped, would help dismantle his story. In 2008, when Satoshi was finalizing the design of the Bitcoin system, they pitched the concept to a niche online community of cryptographers. Discussions about Bitcoin spilled into fringes of the web occupied by anarchists and libertarians, who relished the idea of a monetary system divorced from the state. From these two realms, a misfit band of supporters came together to assist Satoshi.

’s case. Back detailed a 2008 email exchange in which Satoshi appeared to be unfamiliar with a proposal by cryptographer Wei Dai. In his own written evidence, Wright had described Dei’s work as an inspiration for Bitcoin. Malmi contested Wright’s timeline of the correspondence between him and Satoshi and Wright’s description of technical arrangements relating to the Bitcoin.org forum. Separately, he asserted that Satoshi embraced the term “cryptocurrency,” contrary to Wright’s account.

 

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