Announcing CryptoSlate Research — gain an analytical edge with in-depth crypto insight. Learn more.

Another copyright filed for Bitcoin whitepaper, mysterious figure challenges Craig Wright

Another copyright filed for Bitcoin whitepaper, mysterious figure challenges Craig Wright

Wei Liu, a Chinese citizen with a residence in California, filed a copyright claim to the Bitcoin Whitepaper with the U.S. Copyright Office. The mysterious figure is now a legal rival to Craig Wright, who claimed the same copyright last week.

Chinese citizen also claims U.S. copyright for Bitcoin Whitepaper

One of the most controversial figures in the crypto industry, Craig Wright, saw his claims to the crypto throne challenged today when it was revealed that another person filed a copyright claim to the Bitcoin whitepaper.

According to the official website of the U.S. Copyright Office, Wei Liu, a Chinese citizen currently residing in California, registered a claim on May 24—just three days after the news about Wright’s own registration broke. Liu claims to have published the Bitcoin whitepaper, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” on January 11, 2008.

It is still not clear who Wei Liu is, and no one has come through with a valid explanation of why the claim has been made at press time. However, as Wright’s copyright claim over the Bitcoin whitepaper was met with ridicule, it is reasonable to assume that Liu’s goal was to counter Wright’s claims.

As the Copyright Office does not investigate the truth of any statements made in the registration claims, the claims themselves bear little legal weight. The latest development proves this point, as the links to Wright’s April 11 claims now say Liu holds the copyright to Bitcoin’s whitepaper.

BSV pumps despite controversy around Wright

However, despite the continuing controversy surrounding Craig Wright, Bitcoin SV is having its best month yet. The controversial Bitcoin offshoot surged more than 60 percent in the early hours of May 30 following a fake report that Craig S. Wright sent funds from Satoshi Nakamoto’s wallet.

A fake news alert from Chinese media outlet Coinbull pushed the market into buying BSV, which pumped from $120 to $200 in a couple of hours.

The report claimed that Wright had transferred 50,000 BTC from one of Satoshi Nakamoto’s wallets to Binance, which if it were authentic, would be the ultimate proof that Wright was, in fact, the creator of Bitcoin.

Coinbull was quick to react, issuing a statement saying the image depicting the report was photoshopped and urged its users not to trust rumors spread on platforms such as WeChat.

Changpeng Zhao, the founder and CEO of Binance, also reacted to the news which claimed he would re-list BSV, saying that it was fake. Zhao will not relist BSV.

This marks the second time the price of BSV has pumped in less than 10 days, adding to the building contempt the crypto community has towards the cryptocurrency.

Filed Under: Altcoins, People of Blockchain
Priyeshu Garg

Priyeshu is a software engineer who is passionate about machine learning and blockchain technology. He holds an engineering degree in Computer Science Engineering and is a passionate economist. He built his first digital marketing startup when he was a teenager, and worked with multiple Fortune 500 companies along with smaller firms. When he is not solving the transportation problems at his company, he can be found writing about the blockchain or roller skating with his friends.

View author profile

Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.