One of the forks of bitcoin - Bitcoin SV (BSV) - jumped by 28% on Monday.
The reason for this movement was the victory of Craig Wright in the case of the rights to the "white paper" of the first cryptocurrency.
Wright calls himself Satoshi Nakamoto, the creator of bitcoin, but does not provide any convincing evidence for this. According to Wright, BSV is a real Bitcoin.
The High Court of London ruled in favor of Craig Wright in the case against the owner of the site Bitcoin.org under the pseudonym Cobra.
The decision in favor of the plaintiff in the case of copyright infringement was made due to the defendant's refusal to defend himself. This was reported by the Ontier law firm representing Wright's interests.
According to the notice, on June 28, the judge banned the defendant from violating Wright's copyright in the UK "as by providing the opportunity to download white paper from the website Bitcoin.org, and in any other way".
The hearing was conducted remotely. The defendant was present at the meeting, but refused to make statements in order to preserve anonymity, in connection with which the court made a default decision.
In 2019, Wright took over the copyright to the white paper and the Bitcoin source code. Later, the US Copyright Office clarified that it did not recognize him as the creator of Satoshi Nakamoto's digital Gold.
Bitcoin SV appeared as a result of the hard fork of the Bitcoin Cash blockchain on November 15, 2018 and is supported by the nChain development team led by Australian entrepreneur Craig Wright and the owner of the CoinGeek portal Calvin Eyre.
BSV is described by its creators as an attempt to return to the original bitcoin protocol, which is perceived by many community members with skepticism. The abbreviation SV stands for "Satoshi Vision".