On June 28, Craig Wright, the Australian native who claims to be Satoshi Nakamoto, spent the day in a Florida court battling with the Kleiman attorney. Wright became emotional when he told the court that he designed the network but didn’t like how it turned out. At one point he told the court he was “ashamed of his invention.”
The Alleged Blind Trust Setup Makes It Difficult for Wright to Access Certain Keys
Craig Wright testified in court on Friday that he was the one who invented Bitcoin and wrote the whitepaper. In the Florida lawsuit, Craig Wright is accused of interfering with the now deceased David Kleiman’s bitcoin assets and intellectual property. The Kleiman estate doesn’t seem to know if Wright and David invented Bitcoin, but the plaintiffs believe they both were involved in early mining. Wright has been claiming to be Satoshi Nakamoto for years and more recently he’s been far more brazen about it. So far, however, Wright has failed to prove he’s Satoshi to the greater Bitcoin community. A number of crypto supporters have called him a fraud and he’s become a very controversial character throughout crypto-related social media. According to court reporters on Friday, Wright was asked why he’s been unable to produce a list of public addresses to his bitcoin holdings.
Wright told the court that the keys to the Tulip Trust were encrypted and inaccessible to him. Wright’s counsel detailed in a prior hearing: “The private key needed to access the encrypted file with the data necessary to retrieve information about bitcoin Dr. Wright mined after block 70 has been split into multiple key shares (in lay terms, » Read Full Article «