The true identity of Bitcoin creator Satoshi Nakamoto could revealed in a Florida court, where a lawsuit over approximately $64billion worth of the cryptocurrency is underway.
The family of deceased David Kleiman has claimed that he and his former business partner together assumed the pseudonym Satoshi Nakamoto and created Bitcoin.
Now, Kleiman’s family is suing programmer Craig Wright, 51, for control of Kleiman’s alleged share of Nakamoto’s assets.
According to family sources, they plan to produce evidence that Wright – who claims to be Bitcoin’s founder since 2016, – and Kleiman have worked together ever since the currency’s inception.
Vel Freedman, Kleiman’s family lawyer, stated that he believes evidence will prove there was an agreement to mine and create over one million Bitcoins.
In the meantime, defense lawyers are trying to prove Wright is Bitcoin’s sole creator.
‘We believe the court will find there’s nothing to indicate or record that they were in a partnership,’ his lawyer Andrés Rivero explained.
A lawsuit in Florida over $64billion of crypto is underway and could reveal the true identity of Satoshi Nakamoto, Bitcoin’s creator.
Bitcoin has been anonymous since the beginning.
In October 2008, an individual using the name reportedly wrote a nine-page letter to cryptographers explaining the electronic cash system and, a few months later, the Bitcoin network went live.
Nakamoto accumulated nearly one million Bitcoins in the first year of cryptocurrency operation.
According to reports, the creator used two email addresses. He was active for two years in Bitcoin’s evolution, posting on message boards, and communicating with developers. Nakamoto stopped writing publicly in December 2010.
According to the lawsuit, the Kleimans have accused Wright of recruiting their now-deceased relative in 2008 to help write the explanatory letter and launch the company.
The family also notes that Kleiman incorporated a Florida company in 2011, two years before he died, called W&K Info Defense Research which was allegedly a partnership between the two men.
Wright has reportedly claimed outright ownership of W&K and the defense has denied a partnership.
David Kleiman’s family (left) asserts that their deceased relative invented Bitcoin as a result of a partnership between Craig Wright and them (right). Wright claims to have been the original creator of Bitcoin.
An Australian programmer claimed to have founded Bitcoin in May 2016. He met up with other cryptocurrency engineers and participated in exclusive interviews.
Wright received a lot of criticism after his announcement and decided to withdraw the claim.
He removed all of his papers from his website and instead issued a four-paragraph apology reading in part: ‘I broke. He did not possess the courage. I can’t.
According to the newspaper, Wright claimed that he is now Nakamoto.
However, many cryptocurrency experts are skeptical that Wright and Kleiman had the necessary knowledge to create Bitcoin.
‘[Wright]It has Arthur van Pelt is a Wright critic, an investor in bitcoin and hacker. “There’s no independent or credible evidence that there is any genuine proof.”
Emin Gun Siper, Ava Labs founder, stated that it was an open question.
Gun Sirer acknowledged that Kleiman had extensive computing expertise and could have possibly created Bitcoin, but also argues he doesn’t have enough information to confirm the claim.
Many cryptocurrency experts are skeptical of Wright’s or Kleiman’s knowledge necessary to create Bitcoin.
Wright faced additional scrutiny in January after he was arrested. He filed a suit against the court in May to try and secure $7.25billion worth of crypto currency he claimed he owned.
16 crypto developers were asked by him to enable him to access around 111,000 Bitcoin at digital addresses he had not obtained private keys.
Wright claims he lost encrypted keys in the February 2020 hacking of his home network.
Wright claimed that developers violated their duty to act in best interest of global-traded assets owners.
Peter Todd (one of the defendants) stated that he was not involved in daily network development and Wright had not proved his ownership. According to Todd, Bitcoin should not be subjected ‘arbitrary seize’.
He stated that allowing people to have their coins taken and reassigned in court orders can put your coins at risk.
A second defendant called the case ‘bogus’
Nakamoto is pinned by nearly all the prominent cryptocurrency figures.
Nearly all prominent figures in the cryptocurrency world have been pinned as Nakamoto, including Dorian Satoshi Nakamoto who has denied the allegations
One of the most celebrated candidates was an unassuming Japanese-American engineer who found himself in the cross-hairs of Newsweek magazine in 2014.
Newsweek reported that Dorian Satoshi Nakamoto was the Bitcoin founder. He is a former resident of Los Angeles County and used circumstantial clues to identify him.
Dorian Nakamoto strongly denied involvement in bitcoin.
Michael Clear (a Dublin graduate student in cryptography) was one of the earlier candidates named in a New Yorker magazine article from 2011.
The New Yorker quoted some Nakamoto’s writings. They used British slang like’maths’ for math and ‘flat’ for apartment.
Clear also was mentioned as having co-authored an article on peer-to–peer technology that is similar to the one used in bitcoin.
Clear initially was vague when asked by a cryptography conference whether he created bitcoin. But he later repeated his denials.
Vili Lehdonvirta (Finnish researcher who researched virtual currencies and made video games) may also have been Bitcoin’s founder.
Rumours also focus on Nick Szabo (Hungarian-American computer scientist), who is thought to be a possible candidate based on reverse textual analysis of a paper written by the creator of bitcoin.
Szabo has previously worked with other digital currencies and has repeatedly denied the creation of Bitcoin.
Numerous other scientists are also possible Bitcoin creators. However, none of these people have confirmed the claims.