'Satoshi Nakamoto' Accused of $5 Billion Fraud

February 28, 2018

Australian businessman Craig Wright, who back in 2016 claimed that he created Bitcoin, has been accused of kidnapping $5 billion from his former business partner.

The lawsuit was filed in the United States District Court for the Southern District of Florida, and it claims that Wright designed a fraudulent scheme by which he managed to get hundreds of thousands of bitcoins and intellectual rights to several blockchain developments owned by his former partner Dave Kleiman, who died in 2013.

This lawsuit was brought by Kleiman's brother, Ira, on behalf of Dave. It says that Wright and Kleiman mined bitcoins together in the first years of the existence of the cryptocurrency and their combined amount of owned BTC exceeded 1.1 million. In 2011, they jointly founded a company called W&K Info Defense Research LLC. This company was engaged in mining of bitcoin, development of software, and research. The lawsuit says that Kleiman's share in this company was from 50% to 100%. Thus, the plaintiff states that Kleiman owns bitcoins and intellectual rights worth $5,118,266,427.

The lawsuit says that direct participation of Wright and Kleiman in the development of the Bitcoin is unclear, but admits the fact that they have been involved in it since the creation of the cryptocurrency, as well as the fact that they bought a large number of BTC from 2009 to 2013.

Allegedly, as a part of his plan, Wright created a number of fake contracts that transferred him rights to Kleiman's assets, and then backdated them as well as forged the signature of his partner, generating it with a computer.

Wright himself briefly commented on this claim on Twitter, answering on a tweet from a user who sent him a link to the news about this lawsuit. 'Bitcoin creator' said that the plaintiff is driven by greed.

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