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Cryptocurrency

14 Nov 2021

The Real Satoshi Nakamoto Could be revealed at Florida Trial

The Index Today

In an ongoing trial in Florida, a former business partner is being sued by the deceased man’s family over control of assets in the form of one million Bitcoins.

The value of Bitcoins amounts to around $64 billion and belong to the creator of the famed cryptocurrency creator Satoshi Nakamoto. According to the case facts, the family claims that both the deceased man and the business partner used the pseudonym Satoshi Nakamoto, hence making them entitled to half of all assets.

Bitcoin has emerged to be a trillion dollar market and has attracted millions of investors worldwide. As governments are racing to find ways to regulate the growing crypto market, however no one is aware of who created the technology which could possible rewire the global financial market.

The Florida trial could help shed light on the Bitcoin creator and let the world see the face behind it. The family of David Kleiman is suing 51-year old Australian programmer named Craig Wright who is also the business partner. Craig Wright claims to have created Bitcoin whereas the family argues that both individuals were equally responsible for the creation of the cryptocurrency.

Lawyers working on the case must provide evidence that both were involved in creating the famed Bitcoin and worked together. Vel Freedman, lawyer for the Kleimans stated, “We believe the evidence will show there was a partnership to create and mine over one million Bitcoin.” On the other hand, Andres Rivero, lawyer for Mr. Wright said, “We believe the court will find there’s nothing to indicate or record that they were in a partnership.” The entire case could solve the mystery of Satoshi Nakamoto, a notable cryptography name associated with Bitcoin.

©Photo: 123rf.com

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