A computer scientist has been found guilty of contempt of court for falsely claiming to be Satoshi Nakamoto, the mysterious inventor of Bitcoin.

March, High Court ruling Craig Wright is not Satoshi Nakamoto and he was ordered to stop claiming to be Satoshi Nakamoto.

However, he has continued to launch legal proceedings claiming that he owns the intellectual property rights to Bitcoin, including claiming that he is owed $1.2 trillion (£911bn).

A judge said this amounted to a "blatant breach" of the original court order and sentenced him to 12 months in prison, suspended for two years.

This means that Wright, who is from Australia but lives in the UK, faces jail if he continues to claim that he invented the cryptocurrency.

However, Wright, who appeared via video link, refused to say where he was, saying only that he was in Asia.

This means an international arrest warrant would have to be issued if British authorities wanted to detain him.

Wright's actions were described in court as "legitimate terrorism" that "put people through a personal hell" in his campaign to be recognized as the inventor of Bitcoin.

Judge Mellor said Wright's arguments were "legal mumbo-jumbo" but acknowledged he was not in the UK and "appeared to be well aware of countries with which the UK had no extradition arrangements".

Starting in 2016, Wright Claims to be the man The mysteriously nicknamed Satoshi Nakamoto - commonly known as Satoshi - invented the world's first and largest cryptocurrency.

As the founder of Bitcoin, Satoshi Nakamoto is probably one of the richest people in the world.

Cryptocurrencies continue to expand in value— shooting Since Donald Trump was elected US President, this means they will have an estimated $100bn (£80bn) of Bitcoin in their digital wallets.

However, Wright failed to provide concrete evidence for his claims, which have been largely ignored by the cryptocurrency world.

In order to claim to be Satoshi Nakamoto, he launched costly legal proceedings against individuals and companies that challenged him.

His actions prompted a coalition of industry companies - the Cryptocurrency Open Patent Alliance (COPA) - to force a High Court trial this year to prevent him from pursuing any further legal proceedings.

A judge ruled in their favor, saying Wright "told numerous lies" to support his false claims.

Copa lawyer Jonathan Hough said Wright's conduct during the trial had "become a farce" but told the court it had also had "fatally serious" consequences and had a "chilling effect" on the industry .

Wright is one of many people who have been identified by themselves or others as Satoshi Nakamoto.

However, all of these claims have Either be exposed or be rejectedwhich means the search for Bitcoin’s true creator continues.