Craig Wright, a controversial figure in the cryptocurrency world, has once again made headlines by filing a new lawsuit against Bitcoin Core Developers. The Australian computer scientist is also claiming that Bitcoin SV (BSV) is the true Bitcoin, sparking debates across the crypto community. This legal action follows a recent UK High Court ruling that dismissed Wright’s claims to be the creator of Bitcoin.

Wright’s lawsuit, filed in London’s High Court of Chancery Division, targets Bitcoin Core developers, alleging they misrepresented BTC as the original Bitcoin. He argues that modifications like SegWit and Taproot deviate from Satoshi Nakamoto’s original vision. Wright is seeking £911 billion in damages, citing the market value difference between BTC and BSV as detrimental to Bitcoin SV’s reputation and market position.

This legal move comes after a significant setback for Wright earlier this year in the COPA v. Wright case, where UK Justice Mellor ruled that Wright was not the author of the Bitcoin White Paper, effectively rejecting his claims of being Satoshi Nakamoto.

In a separate legal action filed on October 10, 2024, Wright alleged a partnership deal involving Bitcoin Core and Square Up Europe Ltd. While details remain unclear, BitMEX Research notes that Wright is barred from reasserting his claim to be Satoshi Nakamoto due to a previous injunction.

The crypto market has reacted to these developments, with Bitcoin SV’s price rising over 3% to $51.23, despite a 25% drop in trading volume to $38.33 million. BSV Futures Open Interest also increased by nearly 5% to $22.21 million, according to CoinGlass data.

The crypto community has largely responded with skepticism to Wright’s latest legal actions. Hodlonaut, a prominent figure who previously won a defamation case against Wright, mockingly suggested that Wright might be using AI to craft his legal claims, calling them “delusional legal antics.” This sentiment reflects the broader crypto community’s dismissal of Wright’s claims as unfounded.

As these legal battles unfold, they continue to add intrigue to the ongoing debates about Bitcoin’s true nature and the identity of its creator, while also highlighting the complex and often contentious landscape of cryptocurrency development and governance.