Miami Scientist Wins Trial Over Bitcoin Case

This Monday a Miami scientist prevailed in a civil lawsuit, which was followed on a debt in cryptocurrencies valued in billions.
The Florida jury found that Craig Wright did not owe half of 1,1 million Bitcoin to the family of his former partner David Kleiman.

The jury awarded $100 million in intellectual property rights to a joint venture between the two men, a fraction of what Kleiman's lawyers were asking for at trial.
“This was a tremendous victory for our side,” said Andrés Rivero of Rivero Mestre LLP, the lead attorney representing Wright.
The scientist's partner in the company died in 2013.
David Kleiman died in April 2013 at the age of 46. Led by his brother Ira Kleiman, his family has claimed that David Kleiman and Wright were close friends and co-created Bitcoin through a partnership.
At the center of the test was 1,1 million Bitcoin, worth approximately $50.000 billion based on Monday's prices.

Miami Bitcoin Trial: Defendant Wins Dispute Over $50B in Bitcoin
— Maximum News 24 (@FloLake) December 7, 2021

Wright and Kleiman's company created the first Bitcoin to be created through mining and could only be owned by a person or entity involved with the digital currency from its inception, such as Bitcoin creator Satoshi Nakamoto.
Wright will have to prove that he is the founder of Bitcoin
The next step Wright will need to take is to prove that he owns the largest cryptocurrency. Doing so would lend credence to Wright's claim, first made in 2016, that he is Nakamoto.
Until now, the origins of Bitcoin have always been a bit of a mystery, which is why this test has attracted so much attention from outsiders.
Lawyers for W&K Information Defense Research LLC, the joint venture between the two men, said they were "satisfied" the jury awarded the $100 million in intellectual property rights to the company, which developed software that laid the groundwork for the first blockchains and cryptocurrencies. technologies.

Miami Daily
Author: Daniel Parra 8:54 am

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