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DR CRAIG WRIGHT ISSUES SETTLEMENT OFFER TO COPA MEMBERS AND ALL PARTIES IN UPCOMING INTELLECTUAL PROPERTY LITIGATION

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LONDON, Jan. 24, 2024 /PRNewswire/ — In February, I am due to face a group of individuals and corporate entities in London’s High Court, where I intend to uphold my intellectual property rights in Bitcoin as its creator.

However, the focus of my various litigations to date has never been on revealing my pseudonymous identity as Satoshi Nakamoto, but on mandating that Bitcoin remains faithful to its central principles. These are set out in the Bitcoin White Paper, today widely recognised as the authoritative foundation of all forms of Bitcoin: it describes a peer-to-peer electronic cash system, focusing on enabling small casual transactions (known as micro-payments) directly between parties, without the need for a financial intermediary.

My issuance of copyright claims against the ‘Bitcoin developers’ was a measure to protect the continuity of those principles.

To that end, today I have sent to my opponents in the COPA litigation (Claim No. IL-2021-000019), the passing-off claims (Claim No. IL-2022-000035  & Claim No. IL-2022-000036) and database-rights claims, (Claim No. IL-2022-000069) a non-negotiable offer to settle each of these cases, which is reproduced in its entirety below.

This settlement offer preserves my objective of maintaining the integrity of the Bitcoin system as it was initially developed, while limiting (for all parties) the needless expense of a lengthy High Court trial, which would take our collective focus away from supporting, adopting and advancing digital currency technologies – not just my own work, but those of potential good faith competitors (my legal opponents included).

In clear demonstration of the sincerity of my offer, I agree to waive my database rights and copyrights relating to BTC, BCH and ABC databases, and to offer an irrevocable licence in perpetuity to my opposing parties who collectively control, operate, and/or own those databases, in pursuit of encouraging the open commercialisation of technologies in a competitive and fair market, where intellectual property rights are respected and exploited.  I intend for this offer to enable them to compete fairly, in parallel with BSV.

I believe the settlement terms are broadly uncontroversial, beneficial to the industry as a whole, and intended to draw a fresh start in the history of Bitcoin to guarantee its success in whatever form it takes.

All parties now have 7 days from the date of this offer to agree this settlement, or we shall progress to trial.

Issued by:   Dr Craig Wright  All enquiries to:  [email protected]

DR WRIGHT’S OFFER TO SETTLE CLAIMS:

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Claim No. IL-2021-000019 Crypto Open Patent Alliance v Dr Craig Wright

Claim No. IL-2022-000035 Dr Craig Wright & Another v. Coinbase Global, Inc & Others

Claim No. IL-2022-000036 Dr Craig Wright & Another v. Payward & Others

Claim No. IL-2022-000069 Dr Craig Wright & Another v. BTC Core & Others (Identity Issue only) (together the “Claims”)

1.  I make the below offer to each of the opposing parties in the Claims (together the “Opposition“), in order to refocus my personal priorities, which include (i) continuing to develop intellectual property for the benefit of blockchain technology and beyond, (ii) to ensure Bitcoin (in particular Bitcoin Satoshi Vision (“BSV“)) plays a key role in the development of payment infrastructure, and (iii) to spend more time with my family, amongst other things.

2.  My intention is to align with a portion of COPA’s Mission Statement which is: 

to encourage the adoption and advancement of cryptocurrency technologies“.

3.  In that respect I want to continue to be a force for good by encouraging the open commercialisation of technologies in a competitive and fair market where intellectual property rights are respected and exploited. It is therefore my intention to ensure that the relevant Bitcoin Core (“BTC“), Bitcoin Cash (“BCH“) and ABC Bitcoin (“ABC“) databases and assets can operate and compete fairly in parallel with BSV, which I hope can compete in the global community going forward.

4.  You now have the opportunity to review and accept the below offer for a total of seven days from the date of this letter, being by 4pm on 31st January 2024. It is my intention to find a sensible solution to these claims, and to allow all the parties to continue their respective projects in a competitive and commercial environment.

THE OFFER

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5.  The terms of the settlement offer are made below:

6. Claims, Costs and Charitable Donations

 a.  The Claims are discontinued in their entirety and the respective claimants discontinue their claims by filing a notice of discontinuance within 24 hours of acceptance of this offer.

 b.  Costs in the Claims are borne by their respective parties (i.e. no order as to costs). I am aware COPA includes some of the largest crypto currency companies in the world (including Coinbase and Kraken), and Meta (the parent company of Facebook, Instagram and others), which I believe have significant revenue and assets. On that basis I am hopeful that the benefit of discontinuing proceedings far outweighs the costs incurred in continuing the Claims (which may endure for years).

 c.  The respective parties each make a charitable donation to Burnside, a Uniting Church in Australia (with charity number 16341259959) (the “Charity“) which supports single mothers, or alternatively another charity agreed by all parties, for the expected value of the costs of pursuing the above Claims through to the end of trial or where there are cost awards in their favour. For example, I shall make a donation of £1,000,000, which I believe is put to better use with the Charity. It is expected that Opposition evidences proof of payment publicly.

 d.  I declare and undertake to ensure that no funds or costs in these proceedings are for the financial benefit of myself and that all funds due to me shall be donated to the Charity. In that way, I do not financially profit from the Claims in any way.  

7. Bitcoin  

 a.  I, any affiliates, associates or otherwise, shall not pursue and are prevented from pursuing any database rights or copyrights (together the “Rights“) in relation to the BTC, BCH and or ABC databases, and Opposition which control operate, manage and or own those databases are granted an irrevocable licence in perpetuity to exploit, use, assign or license (subject to the below provisions) those Rights for the purposes of exploiting BTC, BCH and or ABC. It is intended that the parties continue to develop, file and respect their own patents for their respective projects and seek to rely on patents and the corresponding laws in the usual way.

 b.  Opposition including any affiliates, associates, employees or otherwise shall not pursue and are prevented from pursuing any Rights in relation to the BSV database.

 c.  By signing the below, Opposition (which includes all members of COPA) and I now confirm the following statement to be true and agree to its terms:

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 “Bitcoins (and derivative systems) referred to as BSV, BTC, BCH and ABC (together “Bitcoins”), and the corresponding databases are separate and distinct. Each of these Bitcoins stem from Satoshi Nakamoto’s “Bitcoin: A Peer-to-Peer Electronic Cash System” (the “White Paper”). Satoshi Nakamoto’s original vision for Bitcoin was “small casual transactions” (see the White Paper) and scaling on-chain (see Satoshi Nakamoto’s message from 2 November 2008 “Bitcoin P2P E-Cash Paper” on the topic: https://www.metzdowd.com/pipermail/cryptography/2008-November/014815.html. I/ we recognise that BTC, BCH and ABC now have separate purposes and uses not contemplated by Satoshi Nakamoto

 I/we undertake to ensure that Bitcoins shall be used for the benefit of humankind broadly and not to launder funds, evade tax or assist in any other illicit behaviours. I/we shall use my/our best endeavours to comply with all international and national laws and regulations in which I/ we operate, including any laws relating to money laundering, and anti-terrorist financing, or similar initiatives where exploiting and developing Bitcoins and its technology, and where required and possible, actively seek to create code to ensure compliance“. 

 d.  Whether in their own capacity or by any affiliates, associates, employees or otherwise  Opposition and I shall not exploit, and be prevented from exploiting any BTC, BCH, ABC or BSV database to create, copy, fork, or otherwise, a new Bitcoin database, and Opposition and I shall use best endeavours to ensure that no third party carries out the aforesaid. It is intended that these terms are not circumnavigated by the creation of any new Bitcoin database.

 e.  Any entities shall cease claiming that they represent the original Bitcoin as envisioned by me as Satoshi Nakamoto. Additionally, they must publicly acknowledge that the intended purpose for creating Bitcoin was to create a system to provide micropayments, to allow for the chronologically ordered validation of transactions and to facilitate scalability. 

8. Media 

 a.  Opposition cease any media campaign(s) against me. 

 b.  It is intended that where this document is signed as below, that signed version is made publicly available.

9.  I believe these terms are broadly uncontroversial, beneficial to the industry as a whole, and intended to draw a fresh start in the history of Bitcoin to guarantee its success in whatever form it takes. I look forward to hearing from you.

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Fintech PR

Heidrick & Struggles Announces 2025 Global and Regional Leader Appointments

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The promotions span across six practice areas and three regions to drive growth in 2025 and beyond

CHICAGO, Jan. 6, 2025 /PRNewswire/ — Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, today announced key global and regional leader appointments, effective January 1, 2025. The appointed leaders will continue advancing the firm’s objective of delivering exceptional value to clients by fostering differentiated, deep, and durable relationships.

“Having the right leadership in place is increasingly crucial to business performance, growth, and prosperity, making our work more important than ever,” said Tom Monahan, CEO, Heidrick & Struggles. “This dynamic group embodies our values as a firm as well as our unwavering commitment to delivering superior client service. We’re excited to promote these outstanding leaders as they continue to shepherd our clients through their most pressing business and talent challenges.”

These leaders span Heidrick & Struggles’ priority practice and solution areas, as well as multiple regions globally.

Individuals appointed to Regional Leader:

Individual appointed to Global Managing Partner:

  • Todd Taylor, Client Driven Growth, a newly created role

Individuals appointed to Executive Search Global Practice Managing Partner:

Individuals appointed to Executive Search Regional Practice Managing Partner:

  • Liz Langel, Americas, Financial Services Practice
  • Ina Sood, Americas, Healthcare & Life Sciences Practice
  • David Burd, Americas, Corporate Officers Practice
  • David Crawford, Asia Pacific & Middle East, Global Technology & Services Practice
  • Tom Cunningham, Europe & Africa, Global Technology & Services Practice
  • Sarah Driscoll, Europe & Africa, Global Technology & Services Practice
  • Roman Wecker, Europe & Africa, Industrial Practice

Individuals appointed to Partner-in-Charge:

Individual promoted in Heidrick Consulting:

  • Eric Joseph, leading North America on an interim basis

About Heidrick & Struggles
Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory services and on-demand talent solutions, serving the senior talent and consulting needs of the world’s top organizations. Heidrick & Struggles pioneered the profession of executive search more than 70 years ago. Today, we partner with clients to develop future-ready leaders and organizations, combining our expertise in executive search, leadership consulting, and on-demand, critical talent solutions to achieve the highest levels of profitability and performance. Helping our clients change the world, one leadership team at a time.® www.heidrick.com 

Media Contact
Bianca Wilson
Global Director, Public Relations
Heidrick & Struggles
[email protected]

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Finastra announces leadership transition: welcoming Chris Walters as new CEO

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LONDON, Jan. 6, 2025 /PRNewswire/ — Finastra, a global provider of financial services software applications, today announced a significant leadership transition. After nearly a decade of transformative leadership, Simon Paris will step down from his role as Chief Executive Officer. Chris Walters has joined Finastra and will assume the role of Chief Executive Officer.

Chris brings a wealth of experience from senior executive leadership positions, driving innovation and scaling technology companies. He recently served as CEO of Pluralsight and Avantax, a leading company within Financial Services, where he orchestrated significant performance improvement and the company’s successful sale. Prior to Pluralsight and Avantax, Chris served in a variety of leadership roles, including being a Partner at McKinsey & Company and the COO of Bloomberg Industry Verticals Group.

On his appointment, Chris said, “I’m excited to join Finastra at this pivotal moment in its journey and am impressed by the significant progress that has been made during Simon’s leadership. I look forward to working with the talented team to drive sustainable growth and continue to deliver more value to our customers, team members, and investors.”

Under Simon’s stewardship, the company has achieved remarkable milestones, including:

  • Leading the charge in Open Finance, following the merger of Misys and D+H in 2017 to form Finastra
  • Building a loyal customer base of over 8,000 clients in 130 countries, including 45 of the world’s top 50 banks
  • Achieving recognition as a leader in Generative AI, with all employees upskilled and ~50 capabilities in progress from ideation to production stages
  • Garnering extensive market accolades, including multiple product, culture, and leadership awards, and being named the #1 Banking Technology company, the #2 Financial Technology company, and appearing in the top 15 Software companies worldwide in 2024 alone
  • Delivering record financial performance and double-digit Annual Recurring Revenue (ARR) growth

As Finastra embarks on its new strategic sprint in 2025, the company is well-positioned for continued success. During the transition period, Simon and Chris will work closely together to ensure a smooth handover.

Simon reflected on his tenure, saying, “This journey with Finastra has been a privilege. Chris is a seasoned professional, and I am honored to ‘pass the baton’ to him. I leave incredibly proud of what Finastra has achieved so far and excited for the company’s future under Chris’s leadership.”

About Finastra
Finastra is a global provider of financial services software applications across Lending, Payments, Treasury and Capital Markets, and Universal (retail and digital) Banking. Committed to unlocking the potential of people, businesses and communities everywhere, its vision is to accelerate the future of Open Finance through technology and collaboration, and its pioneering approach is why it is trusted by ~8,100 financial institutions, including 45 of the world’s top 50 banks. For more information, visit finastra.com.

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DXC Technology’s AI Impact Helps Customers Across Industries Innovate with AI

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AI Impact leverages DXC’s combined consulting, engineering, and secure enterprise services

ASHBURN, Va., Jan. 6, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced AI Impact, an approach designed to help solve customers’ most pressing challenges. By combining DXC consulting, engineering and secure enterprise services, DXC will help clients across industries securely innovate and drive real business outcomes with AI.

DXC takes a pragmatic approach to AI by focusing on developing solutions that solve real world challenges and support business growth. With DXC’s AI Impact, customers benefit from DXC’s vast industry expertise and technology experience to build solutions, services and experiences together that will deliver real business outcomes using the latest technology innovation. Read more about DXC’s approach here

“AI has already captured the attention and imagination of industries everywhere. From AI agents to autonomous driving and personalized medicine, companies are taking steps to unlock value from AI, which promises to reshape our world,” said Howard Boville, EVP, Consulting & Engineering Services – Powered by AI. “With DXC’s AI Impact approach, we are helping to push the boundaries of what AI makes possible, guided by our team of consulting, engineering and technology experts to address our clients’ most pressing challenges.”

Customers across industries are leveraging AI Impact, including:

  • Automotive: DXC is helping customers leverage AI-powered diagnostic tools to make it easier for automotive manufacturers and service providers to identify potential issues before they become critical, reducing downtime and maintenance costs. DXC is also helping customers leverage AI to personalize every aspect of a vehicle, including personal assistants that learn a driver’s preferences and habits over time to make more intuitive recommendations.
  • Public Sector: To provide more transparency, governments are using DXC AI Impact to efficiently engage with citizens and make it easier for them to access public services. This includes the use of AI Agents and AI enhanced processes that streamline and simplify tax, national lending and even public healthcare processes.
  • Financial Services and Insurance: DXC is helping customers optimize operations, from underwriting and risk assessment to claims processing and customer service. By working with DXC, financial institutions are leveraging chatbots to make it easy for human agents to respond faster and more accurately to customer inquiries by analyzing thousands of documents in minutes with Generative AI.
  • Healthcare: DXC implemented an AI-powered app to help measure patient symptoms in real-time, analyzing data to provide clinicians with insights that enable more accurate diagnoses and treatment plans, improving the quality of care and proactively addressing prescription resistance.

For more information on DXC AI Impact and how we’re working with the most innovative industry leaders to securely innovate, visit here.

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled “Risk Factors” in DXC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

CONTACT: Mihir Bellamkonda, Media Relations, [email protected]; Roger Sachs, Investor Relations, [email protected]

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