Craig Wright, the Australian cryptographer who claims to be Bitcoin’s creator Satoshi Nakamoto, has sued Coinbase and Kraken for allegedly copyright infringement.

according to “CityAMHe told Wright that Coinbase and Payward, the operator behind the Kraken trading platform, affected the intellectual property rights to use the term “bitcoin.”

Wright filed a lawsuit, seeking damages of 500 billion pounds.

The lawsuit comes as computer scientist Wright asserts that the crypto project BSV, split from Bitcoin, is the only true Bitcoin, and that Kraken and Coinbase have misled investors by marketing their cryptocurrency under the name Bitcoin.

In the Supreme Court, the case regarding the identity of Bitcoin developer Satoshi Nakamoto is still pending.

Read:Because of the market situation…OpenSea is laying off 20% of its employees

Claims were first made in 2015 when Wired magazine attributed the invention of bitcoin to Wright.

Later, Wright was criticized as a “genius prankster”, a charge he categorically denies.

Earlier this year, Wright filed a lawsuit against several prominent figures in the cryptocurrency community as part of a legal campaign.

Also, after Vitalik Buterin claimed that Wright lied about inventing Bitcoin in 2019, Wright sued him but later dropped the lawsuit.

No official comments have been made by Coinbase and Kraken as of press time about the lawsuit brought against them by Wright.

Read:Russia’s largest lender gets a license to issue and exchange cryptocurrencies

Read also:

After El Salvador…the IMF Is Now Worried About Bitcoin Adoption In The Central African Republic

Bitcoin price drops below $37,000 after the dollar index rose to its highest level in decades