Craig Wright Receives Court Order to Disclose His BTC Addresses

A court in the United States ordered Crag Wright, the self-proclaimed Satoshi Nakamoto Satoshi Nakamoto “Satoshi Nakamoto” is the alias of the mysterious person (or group of people) that are responsible for the creation and launch of Bitcoin back in 2009 and the authorship of the Bitcoin whitepaper, published in 2008. As such, Satoshi Nakamoto is also the entity who conceptualized and created the first-ever blockchain network. Nakamoto was the first to effectively solve the double-spending problem for digital currency using a Peer-to-Peer (P2P) network. Nakamoto was active in the development of bi “Satoshi Nakamoto” is the alias of the mysterious person (or group of people) that are responsible for the creation and launch of Bitcoin back in 2009 and the authorship of the Bitcoin whitepaper, published in 2008. As such, Satoshi Nakamoto is also the entity who conceptualized and created the first-ever blockchain network. Nakamoto was the first to effectively solve the double-spending problem for digital currency using a Peer-to-Peer (P2P) network. Nakamoto was active in the development of bi Read this Term, to provide a list of his public Bitcoin addresses.

The order by the District Court of the Southern District of Florida is a part of the ongoing case against Wright filed by the estate of Dave Kleiman last year. The allegations concern the ownership of between 550,000 and 1.1 million Bitcoins, as well as the ‎intellectual property rights of various Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term technologies. The coins were worth around $5 billion at the time of filing the lawsuit.

The publically available court document showed that the plaintiffs asked for an order to produce the public Bitcoin addresses the Australian entrepreneur owned as of December 31, 2013. In addition, the court asked Wright to identify all digital coins allegedly transferred by him to a blind trust in 2011 along with evidence of the same.

“On or before May 15, 2019, at 5:00 p.m. Eastern time, Dr. Wright shall produce all transactional records of the blind trust, including but not limited to any records reflecting the transfer of bitcoin into the blind trust in or about 2011. The production shall be accompanied by a sworn declaration of authenticity,” the court order noted.

He is also ordered to identify current and past trustees and beneficiaries of the blind trust.

“In essence, he does not argue undue burden, he argues impossibility. The argument that Dr. Wright is incapable of providing an accurate listing of his current or historical bitcoin holdings was never presented in any of the prior hearings before this Court when the Court was crafting the scope of discovery,” the order added.

The Secret Satoshi

Wright has become the center of controversy in the crypto community. After a claim by Wired that Wright might be the creator of Bitcoin in late 2015, he announced himself as Satoshi Nakamoto in an interview with BBC in May 2016.

However, his claim backfired and resulted in a backlash from the Bitcoin community. He also split Bitcoin’s chain to launch a new fork of the coin - Bitcoin Satoshi Vision (BSV) - which was recently delisted by many major exchanges amid some controversial actions of Wright on social media.