Crypto Currency News
Bitcoin
$62,582.38
+1925.75
Ethereum
$2,444.79
+37.45
Litecoin
$65.41
+0.45
DigitalCash
$23.76
+0.15
Monero
$154.28
+1.87
Nxt
$0.00
0
Ethereum Classic
$18.57
+0.3
Dogecoin
$0.11
0

Self-proclaimed Bitcoin inventor largely prevails in the US process – finance

A computer scientist who claimed to be the inventor of Bitcoin prevailed largely on a Florida jury trial over whether the estate of a former business partner would cost half of a Bitcoin cache, now valued at around $ 54 billion (AUD 77 billion). deserved.

The Miami jury acquitted Craig Wright on almost all of the controversies, including the fact that half of the 1.1 million bitcoins in dispute belonged to the family of Dave Kleiman’s former partner and computer forensics expert.

The jury concluded that Wright was not responsible for fraud, but granted W&K Information Defense Research, a joint venture between the men, $ 100 million in intellectual property rights. The trial began on November 1st.

“This was a remarkably good result and I feel completely vindicated,” Wright said in a video message.

“There is more fighting. We will change everything: cryptocurrency to digital cash as it should be.”

According to court records, the 1.1 million bitcoin was mined by Satoshi Nakamoto, whose October 2008 whitepaper “Bitcoin: A Peer-to-Peer Electronic Cash System” outlined a framework for what should become bitcoin.

Wright claimed he was Nakamoto in 2016, which was a pseudonym. The claim is disputed.

Kleiman’s family claimed that he and Wright were friends and business partners, but that Wright stole the bitcoins that came from their relationship.

In a statement, lawyers for W&K and Kleiman’s estate said they were “immensely pleased” that the jury awarded the $ 100 million in intellectual property rights and that the Kleimans “gave their fair share of what Dave helped create.” .

Dave Kleiman died in April 2013.

Australian-born Wright, who later moved to London, sued 16 software developers in May for securing around 111,000 Bitcoin, now valued at around $ 5.4 billion, that he claimed to own.

Comments are closed.