Self-Professed Satoshi Being Sued for Stealing 1.1 Million Bitcoin

craig wright satoshi

Craig Wright, the Australian computer scientist that has in the past claimed to be the creator of Bitcoin, Satoshi Nakamoto, is now being sued by former business partner David Kleiman’s estate.

David Kleiman, also a computer scientist and cyber security expert, is also said to have been a developer that brought Bitcoin and Blockchain to reality. Kleiman’s estate claims that Wright stole over 1.1 million Bitcoins, which lawyers claim to be valued at over $10 billion. 

The court records state that Wright has been accused of "a scheme against Dave's estate to seize Dave's bitcoins and his rights to certain intellectual property associated with the Bitcoin technology.”

The claim continues:

"As part of this plan, Craig forged a series of contracts that purported to transfer Dave's assets to Craig and/or companies controlled by him. Craig backdated these contracts and forged Dave's signature on them,”

In addition to the Bitcoins valued at $10 billion, Kleiman’s estate is also seeking compensation for an IP that lawyers state was a result of a partnership between Kleiman and Wright.

Wright claims that Kleiman signed away his rights to the IP and resulting monetary value in exchange for a non-controlling share in an Australian company. This Australian company went bankrupt after Wright fabricated stories to the Australia Taxation office, resulting in Australian police raiding Wright’s home.

Apparently, email correspondence serves as confirmation that Wright was indeed holding Bitcoin on Kleiman and their business’s behalf.

Wright has a track record of dishonest business practices, which could add credence and validity to these new reports filed by Kleiman’s estate. If the allegations are true, Wright may have successfully pulled off the largest heist of Bitcoins in history.