Craig Wright Will Pay $100M Over 1.1 Million Bitcoins Case: Miami Court - Bitxcon
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Craig Wright Will Pay $100M Over 1.1 Million Bitcoins Case: ...
Economy, News

Craig Wright Will Pay $100M Over 1.1 Million Bitcoins Case: Miami Court

A long-term problem is resolved with a lot of issues in favor of the case of Craig Wright.

Craig Wright worked with Dave Kleiman to mine about 1.1 million bitcoins. In 2013, Dave died. Following Dave’s death, Dave, Wright claimed that Wright is the sole owner of all mined Bitcoins. However, the lawyers for Dave declared that Wright has been deceiving and would like to take all of the Bitcoin cash.

The case has been in Miami court since 2013. In the courtroom, the principal goal of the hearing was to establish whether the two individuals have half-of-mined Bitcoins or not. the task wasn’t an easy job for the judge.

In court several times, Wright claimed that he is the one who invented Bitcoin and also that he invented everything by himself. Dave was just working with him as a supporter.

As the case is over now, and as per order, Wright will have to pay $100 million to Dave. And the court also claimed that Wright deceived Dave. 

In response to the final result of this case, Wright said that the case hearing is over in his favor. 

Wright is not Satoshi Nakamoto

Wright claimed many times that he is Satoshi Nakamoto– Creator of Bitcoin, but most of the experts dismissed the statement of Wright because many reasons and factors were indicating that Wright is not Satoshi Nakamoto. 

Presently there are a number of instances involving Wright as well as other issues related to crypto. In the past, Dave filed a case against a developer and claimed he wanted to get his five dollars worth of Bitcoin back after it was stolen.

Then, in June of 2020 Wright declared that he owned money that was stolen during an attack on the mtgox exchange in 2014.

Read Also: South Korea Regulator Left The Job For Crypto Job

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