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Bitcoin [BTC] – US Copyright Office Does Not “Recognize” Craig Wright as Satoshi Nakamoto

The U.S. Copyright Office has expressly stated in a statement published on Wednesday that it does not recognize Craig Wright as Satoshis Nakamoto, the creator of Bitcoin and author of the Bitcoin whitepaper.

According to the Copyright Office, it merely registered a claim but does not partake in proving the accuracy or truthfulness of the claim. Coingeek, which is affiliated with Wright’s publicly endorsed cryptocurrency Bitcoin SV published the press release on Tuesday claiming that the Copyright office had officially recognized [sic] Wright as Satoshi Nakamoto.

The Coingeek press release read in part that,

“Importantly, the registrations issued by the U.S. Copyright Office recognize Wright as the author – under the pseudonym Satoshi Nakamoto – of both the white paper and code. This is the first government agency recognition of Craig Wright as Satoshi Nakamoto, the creator of Bitcoin.”

The Copyright Office made the effort to dispel the false claims and stated that does not expressly recognize the registrations as true facts but only serve to register claims. Its statement published on Wednesday states that,

“As a general rule, when the Copyright Office receives an application for registration, the claimant certifies as to the truth of the statements made in the submitted materials. The Copyright Office does not investigate the truth of any statement made.”

 Copyright Office

The statement goes on to mention specifically about the two registrations made by Wright stating that,

“In the case of the two registrations issued to Mr. Wright, during the examination process, the Office took note of the well-known pseudonym Satoshi Nakamoto, and asked the applicant to confirm that Craig Steven Wright was the author and claimant of the works being registered. Mr. Wright made that confirmation.”

What this means is that the Copyright office receives claims by applicants who wish to receive Copyrights for their work. All the applicant needs to do is provide the information necessary to certify that their claim is true and pay $55 for the process. The Copyright Office does not investigate to certify that the claims are either true or false. However, if it is proven that the claims are false, the office will deregister the Copyrights awarded prior.

“In a case in which a work is registered under a pseudonym, the Copyright Office does not investigate whether there is a provable connection between the claimant and the pseudonymous author,” the Copyright Office stated.

It is highly irregular for The Copyright Office to release such a statement but this was presumably necessary as it could have serious implications to the cryptocurrency market and the news took the crypto scene by storm. Case in point, the Bitcoin SV cryptocurrency that has been endorsed by Wright had a 200% price surge a few minutes after Coingeek released the statement which included the plans by Wright to assign the copyright to the Bitcoin Association, the organization backing the cryptocurrency.

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