Self-Proclaimed Bitcoin Inventor Accused of Swindling $5 Billion of Cryptocurrency

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Self-Proclaimed Bitcoin Inventor Accused of Swindling $5 Billion of Cryptocurrency

By Jef Feeley
February 27, 2018, 6:27 AM GMT+8
From Crypto

Craig Wright, the self-proclaimed inventor of bitcoin, is accused of swindling more than $5 billion worth of the cryptocurrency and other assets from the estate of a computer-security expert.

Wright, who claimed in 2016 that he created the computer-based currency under the pseudonym Satoshi ‎Nakamoto, allegedly schemed to use phony contracts and signatures to lay claim to bitcoins mined by colleague Dave Kleiman, another cryptocurrency adherent, who died in 2013, according to a lawsuit filed by Kleinman’s brother.

Kleiman’s family contends they own the rights to more than 1 million Bitcoins and blockchain technologies Kleiman mined and developed during his lifetime and that the assets’ value exceeds $5 billion, according to the Feb. 14 filing in federal court in West Palm Beach, Florida.

More details in https://www.bloomberg.com/news/articles/...-colleague
Specuvestor: Asset - Business - Structure.
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