Self-proclaimed inventor of bitcoin prevails in massive $54 billion worth test

A Miami jury cleared Craig Wright on almost all issues in the dispute, with half of the 1.1 million bitcoin in dispute belonged to the family of former partner and computer forensics expert Dave Kleiman.

Concluding that Wright was not liable for the fraud, the jurors awarded $100 million in intellectual property rights to W&K Information Defense Research LLC, a joint venture between the men. Testing began on 1 November.

“It’s been a remarkably good result and I feel completely right,” Wright said in a video message. “There are still more fights. We are going to change everything: cryptocurrency to digital cash the way it is meant to be.”

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According to court papers, 1.1 million bitcoins were mined satoshi nakamoto, whose October 2008 white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” describes a framework for what would become bitcoin.

Wright claimed in 2016 that he was Nakamoto, a pseudonym. The claim has been disputed.

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

In a statement, lawyers for W&K and Kleiman’s estate said they were “extremely satisfied” that the jury awarded $100 million in intellectual property rights, and gave Clemons “a fair share of what Dave helped create.” “Helps to give.

Dave Kleiman died in April 2013.

Australia-born Wright, who later moved to London, sued software developers in May for securing about 111,000 bitcoins, now worth about $5.4 billion, which he claims he holds.

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