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

Delta to Focus on Premium Flyers Between Atlanta and Las Vegas

Delta to Focus on Premium Flyers Between Atlanta and Las Vegas

A one way flight between Atlanta and Las Vegas for Wednesday December 7. As of August 20, fight class was a mere $609 with just three seats booked. If you think that's expensive, consider that nearly all the other nonstop first class one way flights out of Atlanta were going for $2000!
Can Prediction Markets Be Manipulated by One Huge Trader?

Can Prediction Markets Be Manipulated by One Huge Trader?

A prediction market can change fast. One minute, an outcome is trading around 45%. A few large orders come in, and suddenly the market is sitting at 55% or even higher.
PA Bans 11 Individuals From Gambling Including Woman Who Left 1-Year Old in Car for 3 Hours in 80 Degree Heat

Pennsylvania Bans 11 Individuals From Gambling Including Woman Who Left 1-Year Old in Car for 3 Hours in 80 Degree Heat

Another was banned for having 28 counterfeit $50 bills, some of which he used at table games.
Is Betting on The Little League World Series Wrong?  Past LLWS Scandals Make This Look Like Child's Play

Is Betting on The Little League World Series Wrong? Past LLWS Scandals Make This Look Like Child's Play

From players not getting paid a dime to the use of ineligible players, The Little League World Series has its own stains.