Self proclaimed Bitcoin inventor Craig Wright has wins a major lawsuit which saves him from paying $10 billion in cryptocurrency to his former business partner.
In 2016, Craig Wright, Australian Computer Scientist, implied in a blog post that he was Satoshi Nakamoto, pseudonym of inventor of Bitcoin. However, many are skeptical of his claim to be inventor of BTC.
He prevailed in a court case which pitted him against David Kleiman, computer forensics expert and family of his late business partner.
At stake was half of both the 1.1 million bitcoin mined and held by Satoshi, a cache currently worth around $54 billion.
The prosecution argued that Kleiman was Bitcoin's co-creator. In West Palm Beach, a federal jury sided with Wright and also declined to award any of the Bitcoin to Kleiman’s estate.
W&K Info Defense Research LLC, was a joint venture between these two men and Wright was ordered to pay in compensatory damage. He was ordered to pay $100 million o...