Australian man Craig Wright wins US court battle for bitcoin fortune worth billions

Australian man Craig Wright wins US court battle for bitcoin fortune worth billions

Cryptocurrency Uncategorized
December 7, 2021 by Kitty Stone
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Florida jury finds Wright, who claims to have invented the cryptocurrency, did not owe half of 1.1m bitcoins worth $50bn to another family Download the free Guardian app; get our morning email briefing Craig Wright, an Australian computer scientist who claims to be the inventor of bitcoin, has prevailed in a civil trial against the

Florida jury finds Wright, who claims to have invented the cryptocurrency, did not owe half of 1.1m bitcoins worth $50bn to another family

Craig Wright, an Australian computer scientist who claims to be the inventor of bitcoin, has prevailed in a civil trial against the family of a deceased business partner that claimed it was owed half of a cryptocurrency fortune worth tens of billions of dollars.

A Florida jury on Monday found that Wright did not owe half of 1.1m bitcoins to the family of David Kleiman. The jury did award US$100m in intellectual property rights to a joint venture between the two men, a fraction of what Kleiman’s lawyers were asking for at trial.

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