Self-Proclaimed Satoshi Craig Wright Ordered to Pay $100 Million in Damages

Self-Proclaimed Satoshi Craig Wright Ordered to Pay $100 Million in Damages

A federal jury in the Southern District of Florida has concluded that Dr. Craig Wright, a self-proclaimed Satoshi who acted as a defendant in the Wright vs. Kleiman trial, is not liable for breaching his partnership with late computer scientist Dave Kleiman.

The jury also awarded $100 million in damages to W&K Info Defense, the firm that mined the enigmatic 1.1 million Bitcoin at the heart of the dispute. Wright was found liable for conversion.

Defense win on all claims except conversion. Jury awards $100 million to W&K Info Defense on that count. No punitive damages.— Carolina Bolado (@CarolinaBolado) December 6, 2021

The trial was meant to decide the fate of the enormous Bitcoin stash that allegedly belongs to the scientist. The nChain scientist was taken to court by plaintiff Ira Kleiman, the brother of Dave Kleiman who worked alongside the Australian businessman before passing away in 2013.Wright was accused of defrauding his business partner by the Kleiman estate. The plaintiff was asking for a 50% share of Wright's alleged Bitcoin fortune.

Source

Subscribe to get our top stories