People who are involved in the cryptocurrency have wondered about the true identity of Satoshi Nakamoto following his or her disappearance from the world of cryptocurrency. In a quest to uncover the identity of Bitcoin’s creator, Craig Wright attempted to end the search by revealing Nakamoto’s identity. To everyone’s disbelief, Satoshi Nakamoto is Craig Steven Wright according to Wright himself.
How baseless and reckless was his claim as the creator of Bitcoin? That is what the U.S. court of Florida is trying to uncover. How did Craig Wright get involved with the law? There was a lawsuit filed against him for allegedly stealing bitcoins worth millions of dollars from his former partner Dave Kleiman who died in 2013. The Kleiman estate is demanding compensation for damages worth $10 billion.
Wright defended his position by providing an email thread that proved Kleiman in the wrong as evidence. It was later testified by cybersecurity researcher Dr. Matthew Edman that the evidence was forged and completely fake. Furthermore, Wright claimed that he has a stash of bitcoin in his so-called “Tulip Trust” that cannot be accessed yet. At this point, the court of Florida requested for documents proving the existence of this entity.
Wright said that Tulip Trust is unable to provide the requested documents. Additionally, he claimed to be Satoshi Nakamoto two years after the death of Kleiman. From this point on, speculations and doubts have circulated between crypto investors and experts about Wright’s claims and position in court.
Proofs that lead to the identity of Nakamoto may have been either lost or destroyed. Wright has a few days to come up with solid evidence for the court which would ultimately unmask the truth behind his claim as Nakamoto. In a case where Sakamoto reveals himself, the whole cryptocurrency community would experience significant changes.