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Self-proclaimed Bitcoin inventor Beats Lawsuit over $ 54 Billion Stash

The Miami jury cleared Craig Wright on nearly every matter in the litigation, including that half of the 1.1 million bitcoins in dispute belonged to the family of Dave Kleiman, the former partner and computer forensics expert.

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

“It has been a remarkably good result and I feel completely justified,” Wright said in a video message. “There is still more fights. We are going to change everything: from cryptocurrency to digital money as it’s supposed to be.”

Self-proclaimed Bitcoin inventor Beats Lawsuit over $ 54 Billion Stash
According to court documents, the 1.1 million bitcoins had been mined by Satoshi Nakamoto, whose October 2008 white paper “Bitcoin: A Peer-to-Peer Electronic Cash System” described a framework for what would become bitcoin.

Wright claimed in 2016 that he was Nakamoto, who was a pseudonym. The request was contested.

Kleiman’s family claimed that he and Wright had been friends and business partners, but that Wright stole the bitcoin from their relationship.

In a statement, attorneys for W&K and the Kleiman estate said they were “extremely satisfied” that the jury awarded the $ 100 million in intellectual property rights and helped give the Kleimans “their fair share of the money. what Dave helped create “.

Dave Kleiman passed away in April 2013.

Wright, born in Australia, who later moved to London, sued software developers in May for around 111,000 bitcoins worth around $ 5.4 billion that he claimed to own.

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