A Jury Set to Determine Identity of Bitcoin Founder Satoshi

Written by:
Aaron Goldstein
Published on:
Nov/05/2021

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

Business/Financial News

'Bitcoin Jesus' Fights Extradition Back to US

“They don’t like me, and they don’t like my political views, and they just came at me every which way,” Ver told Bloomberg News in an exclusive interview in late October.

Syndicate