A Jury Set to Determine Identity of Bitcoin Founder Satoshi

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

The Ira Kleiman vs Dr. Craig S. Wright Trial continued Friday in Miami where a jury will ultimately decide the legal identity of Satoshi Nakamoto, author of the Bitcoin white paper and the legal owner of nearly $69 billion in Bitcoin.

bitcoin-sv-ad.png

Kleiman accuses Wright of improperly acquiring hundreds of thousands of BTC tokens that are known to have never moved from Ira’s brother Dave, whom Wright has credited with early assistance in Bitcoin’s development.

Dave passed away in April 2013 from an infection.

Wright has credited Dave with helping him edit the Bitcoin white paper’s early drafts.  And it is this acknowledgement that has some would-be crypto cognoscenti—along with some committed Wright antagonists—to speculate that it’s Dave who ultimately deserves the Satoshi Nakamoto mantle, not Dr. Wright.

Monday's trial coverage appears here:

Ira took to the stand much of the day Thursday.  Defense attorney Andres Rivero reviewed numerous emails between Kleiman and Wright offering support that the two men worked together on the Bitcoin White Paper.

While the true identity of Satoshi Nakamoto is likely to once and for all be determined, the real nail-biter might be who takes possession of Nakamoto’s 1.1 million BTC wallet.  Its possessor would become the 15th richest person in the world.

Wright is currently a supporter of Bitcoin SV, which he believes embraces his original vision due to its enormous block size.  BSV claims it can “replace every payment system in the world with a better user experience, a cheaper merchant cost and a safer level of security”.

Kurt Wuckert Jr., Chief Bitcoin Historian at CoinGeek, has been following the trial closely below.

- Aaron Goldstein, Gambling911.com

Related Content

Are Changes on the Horizon for Sweepstakes Casinos in the US?

Are Changes on the Horizon for Sweepstakes Casinos in the US?

Sweepstakes casinos offer a very similar experience to online casinos. You can still play your favorite games like slots and blackjack, it is just the winnings that are different. Instead of winning real-money, sweepstakes work slightly differently.
Plataformas de Cassino Online Continuam Acessíveis no Brasil Após Decreto de Lula

Plataformas de Cassino Online Continuam Acessíveis no Brasil Após Decreto de Lula

Com a expressiva vitória de Lula nas eleições brasileiras da semana passada, é praticamente certo que os jogos de azar online continuarão sujeitos a restrições no país, a menos que o setor consiga uma vitória na Justiça.
Ultra Panda to Ultra Thunder: The Credit and Agent Account Questions Operators Must Resolve

Ultra Panda to Ultra Thunder: The Credit and Agent Account Questions Operators Must Resolve

If an agent still has Ultra Panda credits, the appearance of Ultra Thunder in a supplier catalog creates an immediate question: what happens to the old balance? For store owners and distributors, that matters more than a new logo or a list of games.
Casinos Like – The Trusted Source for UK Online Casino News

Casinos Like – The Trusted Source for UK Online Casino News

The UK online casino industry is one that is evolving greatly in recent times, with new regulations that are already shaping a different future for the market.