Craig Wright, an Australian computer scientist who has been at the center of controversy surrounding bitcoin won his case in court on Monday. Since the early days of bitcoin, there have been controversies surrounding the founder of bitcoin.
On paper, the name of the founder is Satoshi Nakamoto, who basically disappeared years ago under mysterious circumstances. The only pieces of this entity we have left are basically messages scattered across the internet on different forums.
Mystery
No one doesn’t actually know who Satoshi Nakamoto is, this curiosity has led bitcoin enthusiasts down deep rabbit holes to uncover the secrets. A lot of names have been circulating around the internet.
Over the last 5-6 years, Craig Wright’s name has been pushed to the forefront. Ironically not by raving fans but by himself and other media outlets who are in entitled partnerships.
It’s hard for the crypto community to believe he is the true inventor. He is a smart computer scientist who knows a lot about protocols and the underlying architecture of blockchain.
Despite his court case which he won against the family of his former friend and now deceased business partner David Kleimann. He was still ordered to pay over $100 million for intellectual property rights between a joint venture they had going on when Mr. Kleimann was still alive.
The main catalyst behind the case was the fact that the family of Mr. Kleimann thought that he was the sole owner of 1.1 million bitcoins which are worth billions of dollars. That didn’t sit well with Craig Wright who wants to claim rights to half of those 1.1 million coins due to the business relationship they had.
It seems as if the chips have finally fallen in favor of Mr. Wright who is now the owner of those coins that he lost the keys to under mysterious circumstances.
Where do we go from here?
One of the tests that are thrust upon Craig Wright to prove that he is truly the owner is to move bitcoins from that original address to another that he claims he owns.
If he is truly the owner of those coins, then this will be an easy feat to accomplish. The original address which housed those coins has laid dormant ever since its inception. It remains to be seen whether it will come alive again.
