Geek Craig Wright Claims He Invented Bitcoin Should Pay $ 100 Million Lawsuit

December 6, 2021, 20:01 GMT+3

Australian computer scientist Craig Wright, who claims to have invented Bitcoin,was ordered by a US jury to pay 100million dollars in damages over allegations that he defrauded a deceased friend of cryptocurrency intellectual property. Bloomberg writes about this.

What's happened?Ira Kleiman, brother of Dave Kleiman, who is one of the alleged creators of Bitcoin, claimed in his lawsuit that Craig Wright owes Dave more than 500 thousand BTC. Dave himself died in a car accident in 2013.

Ira claims that his late brother worked withWright on the creation and mining of Bitcoin in the early years of this cryptocurrency. As a result, the plaintiff claims to be entitled to half of the 1.1 million bitcoin cache, worth about $ 70 billion, believed to be owned by Satoshi Nakamoto.

Self-proclaimed Bitcoin inventor CraigWright did not deny that Dave Kleiman was his colleague and was involved in the development of Bitcoin. However, he stated that Kleiman's involvement was not significant enough to be called a partner, so Ira does not have any rights to the cryptocurrency from the cache.

To a jury at Miami Federal Court after threeIt took about a week more weeks of trial to reach a verdict. So, on Monday, December 6, the jury rejected most of the claims against Craig Wright. But the outcome likely won't settle the dispute over whether Wright is the mythical creator of the Bitcoin currency.

Many cryptocurrency investors consider Wrightan impostor, and a years-long trial in Florida has done little to assuage skeptics. Wright has stated many times in interviews with the media, as well as in court, that it was he who invented Bitcoin.

Wright said after the verdict:"I have never felt such relief in my life." He also stated that he would not appeal. The man also says that he considers himself acquitted, and the verdict, according to him, proves that he is the creator of Bitcoin.

Kleiman's attorney Devin Friedman called the verdict "a historic precedent in the innovative and transformative cryptocurrency and blockchain industry."

“Years ago, Craig Wright told the Clayman family,that he and Dave Kleiman developed revolutionary intellectual property based on Bitcoin. Despite these confessions, Wright refused to give the Claymans their fair share of what Dave helped create, ”the statement said.

It is noted that in addition to joint mining of BTC, Kleiman helped Wright create the intellectual property underlying early blockchain technology, worth $252 billion.

Wright claimed that the words of Dave Kleiman's brother- Lying. He testified that his friend did not help him launch the cryptocurrency and claimed that there was no documentary evidence of their partnership.

Andres Rivero, Wright's lawyer, called the verdict a complete victory for his client.

“Plaintiffs were seeking US$600 billion pluspunitive damages,” he said in a telephone interview after the verdict. “This is one of the most high-profile victories in American litigation. We crushed them. Their result is less than any settlement offer we have ever made to them. It's a total loss for the other side."

However, Wright must pay Ira Kleiman $100million - Craig Wright and Dave Kleiman had a joint company called W&K Info Defense Research and the jury found that Wright embezzled Bitcoins belonging to the company.
www.bloomberg.com/news/articles/2021-12-06/self-described-bitcoin-creator-must-pay-100-million-in-lawsuit?srnd=cryptocurrencies