Craig Wright, an Aussie native who’s been loudly claiming he’s the mastermind behind Bitcoin, Satoshi Nakamoto, was handed a 12-month jail sentence, suspended for two years, by a U.K. court for contempt. This decision came down after Wright reportedly ignored a court order that barred him from pushing more legal claims tied to his Bitcoin creator claim. The Crypto Open Patent Alliance (COPA) successfully pointed out that Wright’s lawsuit from Oct., demanding over £900 billion ($1.1 trillion) for intellectual property rights, was a flagrant breach of the injunction slapped down in Jul. 2024. Judge James Mellor nailed Wright on five counts of contempt, highlighting his repeated fibs and his utter lack of regret. With this suspended sentence, Wright’s looking at prison time if he steps out of line within the next two years. On top of that, he’s been ordered to cough up £145,000 ($181,000) to cover COPA’s legal fees.

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