Craig Wright sues Coinbase and Kraken exchanges

Australian businessman and self-proclaimed creator of Bitcoin Craig Wright has sued the Americancrypto exchanges Coinbase and Kraken. This was reported in a press release of the lawsuit. It is alleged that the cause of the lawsuit was the advertising of bitcoin core (BTC) crypto exchanges as the original bitcoin.

According to Wright's position, crypto exchanges encourageinvestors to trade and invest in exactly the version of bitcoin that was formed as a result of the fork in 2017. At the same time, according to Wright, bitcoin satoshi vision (BSV) is allegedly the canonical version of bitcoin, another version of bitcoin formed as a result of the hard fork from bitcoin cash (BCH) in November 2018.

Wright claims that Coinbase and Kraken are deliberatelydistort the perception of cryptocurrencies, which has led to confusion among investors. Now, the plaintiffs are seeking a court ruling barring Coinbase and Kraken from promoting BTC as the original bitcoin.

However, Wright did not file a lawsuit with the Americancourt. Instead, the lawsuit is registered in the UK, where the previously self-proclaimed creator of bitcoin has already filed a lawsuit against the owner of the site bitcoin.org.

In July 2021, the bitcoin.org stopped displaying bitcoin technical documentation for UK users after losing in court to Craig Wright. The reason for the loss was the unwillingness of the anonymous owner of the site under the pseudonym Cobra to testify for the sake of anonymity, although Cobra was present at the meeting. The court ruled in favor of Wright by default.

Wright has long been known in cryptocurrency circles.predominantly litigation with blockchain developers. At the end of February 2021, he demanded that leading crypto developers return him about 99,100 bitcoins. The lawsuit alleged that Wright's private bitcoin keys were stolen during a hack into his computer network. However, the details of the alleged hacker attack were not disclosed.

Wright's jury trial in December 2021I couldn’t reach a verdict against Kleiman the first time. A jury later found in Craig Wright's favor on most counts, but Wright was still ordered to pay Kleiman $100 million in damages for misappropriating property from W&K Info Defense Research.

Relatives of the late Dave Kleiman demanded a payment of half a million bitcoins from Craig Wright. According to the brother of the late Ira Kleiman, Dave and Craig managed to mine 1.1 million BTC in their time.

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