Square Encounters Trouble With Craig Wright

Jack Dorsey, the CEO of Twitter rolled out Square to venture into the crypto-verse. The platform recently launched COPA [Cryptocurrency Open Patent Alliance] to aid cryptocurrency firms to deal with issues pertaining to copyrights. While the crypto industry lauded this move, Craig Wright seemed to be having an issue with the same.

Square Hits Back With COPA

In a recent tweet, Square revealed that Ontier LLP, a law firm representing self-proclaimed inventor of Bitcoin, Craig Wright, sent out a letter to the firm suggesting that he decided to enforce his copyright on the Bitcoin White Paper. The law firm gave Square 14 days to answer the letter. While the last day of the deadline was 4 February, Square decided to employ COPA for this. The letter read,

“We consider that this is a straightforward copyright infringement claim, and accordingly would ask you to respond to this letter within 14 days, i.e. by 4pm GMT on 4 February 2021.

Square, however, made use of COPA and responded to the letter.

The payments platform hit back with a,” We don’t care who created bitcoin, just who didn’t.”

While it is evident that Wright is still sticking to his narrative of him inventing that first and largest cryptocurrency, Bitcoin. Ontier wrote in its letter to Dorsey’s platform,

“We should add that our client, and others associated with him, have further rights relating to the Bitcoin technology and the Bitcoin name. It is their firm intention to enforce such rights in due course. The writing of this letter and any settlement or judgment relating to the infringement of our client’s copyright in the White Paper, are entirely without prejudice to the enforcement in due course of such further rights.”

Amidst this, the Wright continues to deal with the Kleiman case. While that case is delayed to June 2021, Wright and his family continue to win several other lawsuits.

Sahana Kiran: Experienced Journalist with a demonstrated history of working in the online media industry. Skilled in Photography, Feature Writing, Journalism, Online Journalism, and Web Content Writing. Strong media and communication professional with a Bachelor of Arts - BA focused in Journalism