💰 Lawsuit May Reveal Bitcoin’s Founder

His name is Satoshi Nakamoto. Or, at least, that’s what the lore says. The true identity of Bitcoin’s founder has remained a mystery for over a decade, but that may soon change. A lawsuit playing out in Florida claims the cryptocurrency was founded by two people—and the family of one of the deceased partners is suing for what’s they feel is rightfully theirs.

  • According to the Wall Street Journal, the family of David Kleiman is suing Craig Wright claiming the two were partners and created Bitcoin, entitling Kleiman’s family to half of the one million Bitcoin cache Wright still has (worth some $64 billion).

A Mysterious Paper

On October 31, 2008, a nine-page white paper outlining a form of electronic currency was sent to a group of cryptographers and started the Bitcoin network. The paper was authored by Satoshi Nakamoto, who then amassed one million Bitcoins over the following year. In the lawsuit, the family of Kleiman claim Wright asked for his help on the paper in 2008, reports MarketWatch. However, most in the crypto community dismiss Wright’s claim that he is Bitcoin’s founder.

The Verdict

With billions potentially at stake, it’s remarkable that more people haven’t claimed they too founded Bitcoin. Yet, whether Kleiman and Wright were actually business partners or not, it’s unclear if this case will definitively unmask the real Nakamoto.