{"id":1094179,"date":"2021-12-07T11:29:34","date_gmt":"2021-12-07T16:29:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1094179"},"modified":"2021-12-07T11:29:39","modified_gmt":"2021-12-07T16:29:39","slug":"satoshi-nakamoto-craig-wright-who-claims-to-be-inventor-of-bitcoin-wins-court-case-over-54-billion-crypto-stash","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/satoshi-nakamoto-craig-wright-who-claims-to-be-inventor-of-bitcoin-wins-court-case-over-54-billion-crypto-stash\/","title":{"rendered":"Satoshi Nakamoto? Craig Wright, Who Claims To Be Inventor Of Bitcoin, Wins Court Case Over $54 Billion Crypto Stash"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">38<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsatoshi-nakamoto-craig-wright-who-claims-to-be-inventor-of-bitcoin-wins-court-case-over-54-billion-crypto-stash%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1094179&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>An Australian computer scientist who claimed to be the inventor of bitcoin has won a major U.S. civil court case in Miami, Florida, against the family of his late business partner David Kleiman, a computer forensics expert. The dispute was over access to half of a cryptocurrency stash of 1.1 million bitcoin, currently valued at approximately $54 billion.<\/p>\n<p>\u201cAustralian computer scientist Craig Wright implied in a 2016 blog post that he was Satoshi Nakamoto, the pseudonym used by the person or persons who developed bitcoin. Many in the crypto community are skeptical of Wright\u2019s claim, in part because he has not moved any of the early bitcoin presumed to have been mined by Satoshi,\u201d <a href=\"https:\/\/www.cnbc.com\/2021\/12\/06\/miami-jury-rules-in-favor-of-craig-wright-bitcoin-claimed-inventor.html?__source=androidappshare\">CNBC<\/a> reported. \u201cOn Monday, Wright prevailed in a Miami civil case that pitted him against the family of his late business partner and computer forensics expert, David Kleiman. At stake was half of the 1.1 million bitcoin mined and held by Satoshi, a cache currently worth around $54 billion. The estate also claimed rights to some of the intellectual property behind early blockchain technology.\u201d<\/p>\n<p>\u201cThe prosecution argued that Kleiman was a co-creator of bitcoin, alongside Wright, entitling him to half of Satoshi\u2019s assumed fortune. A federal jury in West Palm Beach sided with Wright and declined to award any of the bitcoin to Kleiman\u2019s estate,\u201d CNBC explained. \u201cHowever, Wright was ordered to pay $100 million in compensatory damages over a breach in intellectual property rights related to W&amp;K Info Defense Research LLC, a joint venture between the two men. That money will go to W&amp;K directly, rather than to the Kleiman estate.\u201d<\/p>\n<p>\u201cWe are immensely gratified that our client, W&amp;K Information Defense Research LLC, has won $100,000,000 reflecting that Craig Wright wrongfully took bitcoin-related assets from W&amp;K,\u201d counsel for W&amp;K said.<\/p>\n<p>\u201cThis has been a remarkably good outcome, and I feel completely vindicated,\u201d Wright said following the verdict. \u201cThere are still more fights. We are going to make everything change: cryptocurrency to digital cash the way it\u2019s meant to be.\u201d<\/p>\n<p lang=\"en\" dir=\"ltr\">After his resounding trial WINs in the Kleiman case today, a word from <a href=\"https:\/\/twitter.com\/hashtag\/CraigWright?src=hash&amp;ref_src=twsrc%5Etfw\">#CraigWright<\/a> (<a href=\"https:\/\/twitter.com\/hashtag\/SatoshiNakamoto?src=hash&amp;ref_src=twsrc%5Etfw\">#SatoshiNakamoto<\/a>) to his supporters<a href=\"https:\/\/twitter.com\/hashtag\/Satoshi?src=hash&amp;ref_src=twsrc%5Etfw\">#Satoshi<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CraigWrightisSatoshi?src=hash&amp;ref_src=twsrc%5Etfw\">#CraigWrightisSatoshi<\/a> <a href=\"https:\/\/t.co\/oS6UbglGN8\">pic.twitter.com\/oS6UbglGN8<\/a><\/p>\n<p>\u2014 Jimmy Nguyen (@JimmyWinSV) <a href=\"https:\/\/twitter.com\/JimmyWinSV\/status\/1467910308953997314?ref_src=twsrc%5Etfw\">December 6, 2021<\/a><\/p>\n<p>As <a href=\"https:\/\/www.cnn.com\/2021\/12\/07\/tech\/bitcoin-creator-trial-fortune\/index.html\">CNN<\/a> noted, court papers indicated that the 1.1 million bitcoin had been mined by Satoshi Nakamoto, \u201cwhose October 2008 white paper \u2018Bitcoin: A Peer-to-Peer Electronic Cash System\u2019 described a framework for what would become bitcoin.\u201d<\/p>\n<p>As <a href=\"https:\/\/www.coindesk.com\/business\/2021\/11\/16\/why-are-we-still-debating-whether-craig-wright-is-satoshi\/\">CoinDesk<\/a> explored, Wright\u2019s claims are still the subject of heavy debate. In an opinion piece titled, \u201cWhy Are We Still Debating Whether Craig Wright Is Satoshi?\u201d David Z. Morris wrote, \u201cA bold claim and a little financial backing can get you a lot of media mileage \u2014 even when nearly nobody believes you.\u201d<\/p>\n<p>CNET reported that \u201cThe trial didn\u2019t address the question of Nakamoto\u2019s identity, as both sides claimed Wright was either partially or wholly responsible for the creation of bitcoin.\u201d<\/p>\n<p>\u201cHowever,\u201d CNET added, \u201cWright has yet to access the wallet with the 1.1. million bitcoin inside, which would go a long way toward proving Wright is Nakamoto once and for all.\u201d<\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a<a href=\"https:\/\/www.dailywire.com\/subscribe\"> member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Australian computer scientist who claimed to be the inventor of bitcoin has won a major U.S. civil court case in Miami, Florida, against the family of his late business partner David Kleiman, a computer forensics expert. The dispute was over access to half of a cryptocurrency stash of 1.1 million bitcoin, currently valued at approximately $54 billion.\u201cAustralian computer scientist Craig Wright implied in a 2016 blog post that he was Satoshi Nakamoto, the pseudonym used by the person or persons who developed bitcoin. Many in the crypto community are skeptical of Wright\u2019s claim, in part because he has not moved any of the early bitcoin presumed to have been mined by Satoshi,\u201d CNBC reported. \u201cOn Monday, Wright prevailed in a Miami civil case that pitted him against the family of his late business partner and computer forensics expert, David Kleiman. At stake was half of the 1.1 million bitcoin mined and held by Satoshi, a cache currently worth around $54 billion. The estate also claimed rights to some of the intellectual property behind early blockchain technology.\u201d\u201cThe prosecution argued that Kleiman was a co-creator of bitcoin, alongside Wright, entitling him to half of Satoshi\u2019s assumed fortune. A federal jury in West Palm Beach sided with Wright and declined to award any of the bitcoin to Kleiman\u2019s estate,\u201d CNBC explained. \u201cHowever, Wright was ordered to pay $100 million in compensatory damages over a breach in intellectual property rights related to W&#038;K Info Defense Research LLC, a joint venture between the two men. That money will go to W&#038;K directly, rather than to the Kleiman estate.\u201d\u201cWe are immensely gratified that our client, W&#038;K Information Defense Research LLC, has won $100,000,000 reflecting that Craig Wright wrongfully took bitcoin-related assets from W&#038;K,\u201d counsel for W&#038;K said.\u201cThis has been a remarkably good outcome, and I feel completely vindicated,\u201d Wright said following the verdict. \u201cThere are still more fights. We are going to make everything change: cryptocurrency to digital cash the way it\u2019s meant to be.\u201dAfter his resounding trial WINs in the Kleiman case today, a word from #CraigWright (#SatoshiNakamoto) to his supporters#Satoshi #Bitcoin #CraigWrightisSatoshi pic.twitter.com\/oS6UbglGN8\u2014 Jimmy Nguyen (@JimmyWinSV) December 6, 2021As CNN noted, court papers indicated that the 1.1 million bitcoin had been mined by Satoshi Nakamoto, \u201cwhose October 2008 white paper \u2018Bitcoin: A Peer-to-Peer Electronic Cash System\u2019 described a framework for what would become bitcoin.\u201dAs CoinDesk explored, Wright\u2019s claims are still the subject of heavy debate. In an opinion piece titled, \u201cWhy Are We Still Debating Whether Craig Wright Is Satoshi?\u201d David Z. Morris wrote, \u201cA bold claim and a little financial backing can get you a lot of media mileage \u2014 even when nearly nobody believes you.\u201dCNET reported that \u201cThe trial didn\u2019t address the question of Nakamoto\u2019s identity, as both sides claimed Wright was either partially or wholly responsible for the creation of bitcoin.\u201d\u201cHowever,\u201d CNET added, \u201cWright has yet to access the wallet with the 1.1. million bitcoin inside, which would go a long way toward proving Wright is Nakamoto once and for all.\u201dThe Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.<\/p>\n","protected":false},"author":77,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1094179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1094179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1094179"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1094179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1094179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1094179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1094179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}