RATE Group | Bitcoin SV Prices Soar After Craig Wright Claims Access to a Bitcoin Fortune
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Bitcoin SV Prices Soar After Craig Wright Claims Access to a Bitcoin Fortune

15 Jan Bitcoin SV Prices Soar After Craig Wright Claims Access to a Bitcoin Fortune

Posted at 07:41h in Bitcoin News by

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Craig Wright, the polarizing figure who may or may not be Satoshi Nakamoto, is today telling the court that he has received the keys to access an $8.9 billion crypto fortune called the Tulip Trust.

Some background on what that means: Wright was a business partner to one David Kleiman, and they mined a lot of Bitcoin together back when that was an easier thing to do. The pair ended up with 1.1 million Bitcoin in their custody, and that stash is known as the “Tulip Trust” in reference to the tulip bubble that took the Netherlands by storm in the 17th century.

Kleiman passed away in 2013, and the law is clear that half of the business’ assets should go to Kleiman’s estate. But this never happened, so Kleiman’s surviving brother is suing Wright for the estate’s share.

A complicated and contentious court case

A 2015 investigation pointed to Wright and Kleiman as the possible inventors of Bitcoin, and reporters surfaced a draft of a contract that described the existence of the…

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