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Seeking Alpha 2021-12-07 13:24:11

Jury finds in favor of Craig Wright, who says he invented bitcoin - AP



Craig Wright, a computer scientist who claims to be the inventor of bitcoin (BTC-USD), prevailed in a trial in which the family of his deceased business partner claimed they were owed half of a cryptocurrency stash worth tens of billions, the Associated Press reports. A Florida jury said that Wright didn't owe half of 1.1M bitcoin to the family of David Kleiman, who died in 2013. It did award $100M in intellectual property rights to a joint venture the two men had formed. At stake was 1.1M bitcoin, worth ~$56B at recent prices. They were among the first bitcoin created through mining and could only be owned by a person or entity involved with the digital currency at its beginning, the AP said. Wright claims that he is Satoshi Nakamoto, the person who published a paper in 2008 outlining the framework for a digital currency that isn't regulated by any legal or

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