Craig Wright , an Australian entrepreneur and cybersecurity specialist, got entangled in a new scandal. Back in 2016 he claimed that he invented Bitcoin under Satoshi ‎Nakamoto nickname, but had to backtrack as he failed to provide the adequate proof of his words.

Now he is accused of using fake contracts and signatures to lay hands on cryptocurrency mined by Dave Kleiman, who died in 2013.  Kleiman was a talented computer analyst and author of multiple books on IT security. In 2011, he and Wright established a company and allegedly jointly possessed 1.1 million Bitcoins at the time.

According to Bloomberg report, the lawsuit is filed by  Kleinman’s brother, who believes that he and his family is entitled to the digital assets to the tune of $5 billion. 

“Craig forged a series of contracts that purported to transfer Dave’s assets to Craig or companies controlled by him. Craig backdated these contracts and forged Dave’s signature on them.’’ - Kleiman’s family lawyers said in the complaint, cited by Bloomberg.  

Craig Wright was not readily available for the comment.


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokens

VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokens

While Bitcoin ETFs track BTC price, $90 billion asset manager VanEck has launched a separate index, christened MEMECOIN, to track the performance of the sector’s best and worst performers.

More Cryptocurrencies News

Ethereum could experience bullish run, ETH ‘ultrasound’ money narrative at risk

Ethereum could experience bullish run, ETH ‘ultrasound’ money narrative at risk

Ethereum price action on Wednesday shows it could be gathering momentum for a rally as a recent report from CryptoQuant reveals its ultrasound money narrative is at risk. 

More Ethereum News

President Biden threatens crypto with possible veto of Bitcoin custody among trusted custodians

President Biden threatens crypto with possible veto of Bitcoin custody among trusted custodians

Joe Biden could veto legislation that would allow regulated financial institutions to custody Bitcoin and crypto. Biden administration’s stance would disrupt US SEC’s work to protect crypto market investors and efforts to safeguard broader financial system.

More Cryptocurrencies News

AI tokens could rally following growth in NVIDIA's stock

AI tokens could rally following growth in NVIDIA's stock

While some predicted the Bitcoin halving would be the breaking point for a new bull cycle, a recent rally in AI tokens could see them lead the altcoin season. The continuous integration of AI-backed tokens has increased awareness of the possibilities that await the general blockchain ecosystem with them on board.

More Cryptocurrencies News

Bitcoin: Should you buy BTC here? Premium

Bitcoin: Should you buy BTC here?

Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.

Read full analysis

BTC

ETH

XRP