Why “Bitcoin Creator” Craig Wright Came Out Ahead Despite Having To Pay $100 ...

Why “Bitcoin Creator” Craig Wright Came Out Ahead Despite Having To Pay $100 ...

On Monday, it was determined by a Miami court that Craig Wright, the alleged creation of Bitcoin, would pay $100 million in damages to David Kleiman, Wright’s partner. The case had dragged on for about a year and finally came to an end with this judgment. This time, Wright did not appeal the judgment as the computer scientist believed it to be fair. Furthermore, Wright said that the judgment on the part of the court solidifies his claim to be the original Bitcoin creator, which is something the computer scientist has claimed for a long time. Wright was ordered to pay the $100 million to....


Related News

Proof-of-Satoshi: 8 Pressing Questions for ‘Bitcoin Creator’ Craig Wright

On May 2nd, the self-proclaimed “Bitcoin creator” Australian professor, Craig Wright, announced to the world (yet again) that he is the man behind the the Satoshi Nakamoto pseudonym. This time, he came with proof by purportedly using Satoshi’s signature as shown on BBC. But how valid was his “proof-of-satoshi”? And what other inconsistencies have been....

Discredited Craig Wright Working on Building a Bitcoin Blockchain Empire

The mysterious braggadocio, and ultimately debunked, ‘Bitcoin creator’ Craig Wright may not be Satoshi Nakamoto, but he is ambitious enough to be a Blockchain technology king. It appears that Wright has been working on building a patent-based Bitcoin Blockchain empire. With the banking industry becoming so enamored with Blockchain technology of late, Wright may have found a backdoor to the ego-stroking success he seeks. Will it pay off for Wright? According to information obtained by Reuters, since February Wright has filed more than 50 patent applications in Britain through....

Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $1...

The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his defense team has won on all claims except one count of conversion. According to a court reporter, Craig Wright, the man who claims to be Satoshi Nakamoto, said he was “incredibly relieved.” Craig Wright’s Defense Wins on All Claims Except Conversion — Wright Says ‘I’m Not Going Anywhere, I’m Here for the Long Term’ After the jury was deadlocked in the Kleiman v. Wright case for days last week, the jurors came to a decision on Monday,....

‘Bitcoin Creator’ Craig Wright Is *Actually* Looking to Patent Blockchain Technology

Australian businessman Craig Wright, the man who previously claimed to be the inventor of bitcoin, is looking to amass a massive number of patents that is predictably centered around blockchain technology. Bitcoin is garnering plenty of attention in recent times due to its tremendous surge in value. Headlines are being written with investor gurus among others proclaiming it to be digital gold. Many proponents go a step further, seeing the cryptocurrency as a better store of value than the traditional precious metal. The last time Bitcoin amassed such coverage, an Australian named Craig....

Craig Wright Uses ‘F’ Word Against Interviewer In Asserting He Invented Bitco...

Craig Wright, an Australian computer scientist, claims to be Satoshi Nakamoto – the alias used by whoever or whomever created bitcoin. In a recent interview with an Australian television program, Craig Wright reinforced his claims that he is the creator of Bitcoin, the largest cryptocurrency in the world. Wright emphasized that there are those who know […]