Satoshi Nakamoto Standoff: Chinese Man Wei Liu Files Bitcoin Copyright Claim In U.S.


Satoshi Battle: Chinese Man Files Bitcoin Copyright Claim In U.S.

While the entire cryptospace is still trying to digest Craig Wright’s claims of being the almighty creator of bitcoin, Satoshi Nakamoto, another Chinese citizen resident in the United States has claimed copyright to the bitcoin whitepaper, according to reports on May 24, 2019.

Faketoshis Everywhere

Per sources close to the matter, Wei Liu, a California-based Chinese man has claimed ownership to Satoshi Nakamoto’s bitcoin whitepaper via a copyright filing with the United States Copyright Office.

In the document which has registration number TX0008726120, Liu claims he published the bitcoin whitepaper as far back as January 11, 2018, under the pseudonym, Satoshi Nakamoto, with the title: “Bitcoin: A peer-to-peer Electronic Cash System.”

Though Wei Liu’s motive or even his exact identity is yet to be ascertained, observers have opined that the move could be aimed at countering Wright’s plan to claim ownership of the Bitcoin brand.

Unending Controversies

While Craig Wright’s antics may have succeeded in boosting the price of his altcoin, bitcoin cash SV, a vast majority of the bitcoin and crypto community at large, including bitcoin core developer, Jimmy Song, still see him as a “publicity seeking con artist.”

Interestingly, on May 23, 2019, the United States Copyright Office published a press release enlightening the public on its mode of operation, in a bid to let the public know that Wright’s copyright filing doesn’t mean he is the true owner of Bitcoin.

As stated in the release, CSW applied for ‘“special handling” by paying an extra fee of $800 in order to fast track the processing of his Copyright application with the agency.

The agency said:

“Special handling is offered as an optional service for additional fee of $800. Under special handling procedures, the office makes attempts to examine the application or the document within five business days. As a general rule, when the Copyright Office receives an application for registration, the claimant certifies as to the truth of the statement made in the submitted documents. The Copyright Office does not investigate the truth of any statement made.”

The agency further stated that unlike the Patent and Trademark Office (USPTO), it does not have an opposition system for copyright filings, as such it is possible for several people who are not even the real owners of a copyright get their applications registered at the same time.

“A registration represents a claim to an interest in a work protected by copyright law, not a determination of the truth of the claims in it. In a case which a work is registered under a pseudonym, the Copyright Office does not carry out investigations.”

While CSW remains determined to prove he is Satoshi, the fact remains that he may never win the battle no matter how hard he tries.

As reported by Bitcoin Exchange Guide two days ago, Pascal Boyart joined the growing list of Wright’s critics by creating a beautiful faketoshi portrait.

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