Bitcoin’s ‘founder’ earns the right to keep billions of dollars

A computer scientist who claims to have invented Bitcoin won a court case that allowed him to keep a cache of the cryptocurrency worth billions of dollars.

A jury rejected claims that Craig Wright’s former business partner was owed half of the assets.

As a result, Wright will retain 1.1 million Bitcoin, worth $ 54 billion (£ 40 billion).

However, he will pay $ 100 million to the company of his deceased partner for intellectual property infringement.

Kleiman’s family, a computer security expert who died in 2013, said the two men had worked together to create and mine the first Bitcoin in existence, and that Wright had stolen it.

The invention of cryptocurrency in 2008 was described in a white paper published under the pseudonym Satoshi Nakamoto.

Since 2016, Wright has claimed that he is Nakamoto, though that claim has been disputed.

Has Craig Wright proved he’s Satoshi?
The Miami jury in the civil suit acquitted Wright on nearly all of the issues raised by the Kleiman family.

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

Wright said the legal ruling confirmed that he was the creator of the revolutionary digital asset.

“The jury has obviously found that I am because there would have been no award otherwise,” he said.

“This has been a remarkably good result and I feel completely vindicated,” Wright said.

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