Home Bitcoin Craig Wright to become crypto millionaire

Craig Wright to become crypto millionaire

Controversial self-acclaimed creator of bitcoin, Craig Wright submitted an email to the court, according to which he will receive private keys for wallets with 1.1 million bitcoins.

Craig according to rumours is also set to get access to more than 1 million bitcoins as the entire crypto space is on the lookout to see where his case ends up.

The self-acclaimed bitcoin creator has been a subject to several forensic checks and made major news headlines as crypto expert and researchers try to verify his claims of being Satoshi Nakamoto who is also dubbed Japanese Adam Smith.

Earlier in August, 2019, he was found guilty in a law court in Florida, US of submitting false documents and told a lie in a legal dispute with the estate of his former partner.

Owing to that, the self acclaimed bitcoin creator was ruled to surrender more than $4 billion of cryptocurrency which account for over 50% of the bitcoin he mined with his former business associate from 2008 until Kleiman’s death in 2013.

This case between Craig and Kleiman estate is regarded as one of the most popular court cases in the crypto industry.

Craig’s claim to be bitcoin creator true

Amidst several controversies of Craig’s claim to be false, a certain per cent of players in the crypto space believes Craig’s claim are actually true.

After revealing his identity to three media organizations; the BBC, the Economist and GQ.

At a meeting with one of these media houses, Craig digitally signed messages using cryptographic keys created during the early days of bitcoin’s development.

The keys are inseparably linked to blocks of bitcoins known to have been created or “mined” by Satoshi Nakamoto.

Renowned cryptographer Hal Finney was one of the engineers who helped turn Mr Wright’s ideas into the Bitcoin protocol, he said.

“I was the main part of it, but other people helped me,” he said.

Soon after Mr Wright went public, Gavin Andresen, chief scientist at the bitcoin Foundation, published a blog backing his claim.

“I believe Craig Steven Wright is the person who invented bitcoin,” he wrote.

Another economist, Jon Matonis, and one of the founding directors of the bitcoin Foundation, said he was convinced that Mr Wright was who he claimed to be.

“During the London proof sessions, I had the opportunity to review the relevant data along three distinct lines: cryptographic, social, and technical,” he said.

“It is my firm belief that Craig Wright satisfies all three categories.”

Muhaimin Olowoporoku
Muhaimin is a journalist and a crypto enthusiast. He believes in the Africa project and sees blockchain technology as a possible solution alongside developmental journalism

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