Australian man Craig Wright wins US court battle for bitcoin fortune worth billions

Accommodation Bahrain introduces

Craig Wright, an Australian computer scientist who claims to be the inventor of bitcoin, has prevailed in a civil trial against the family of a deceased business partner that claimed it was owed half of a cryptocurrency fortune worth tens of billions of dollars.

David Kleiman died in April 2013 at the age of 46. Led by his brother Ira Kleiman, his family has claimed David Kleiman and Wright were close friends and co-created bitcoin through a partnership.

The case tried in federal court in Miami was highly technical, with the jury listening to explanations of the intricate workings of cryptocurrencies as well as the murky origins of how bitcoin came to be.

Jurors took a full week to deliberate, repeatedly asking questions of lawyers on both sides as well as the judge on how cryptocurrencies work as well as the business relationship between the two men. At one point the jurors signalled to the judge that they were deadlocked.

Members of the bitcoin community have regularly called for Wright to move just a fraction of the coins into a separate account to prove ownership and show that he truly is as wealthy as he claims.

During the trial, both Wright and other cryptocurrency experts testified under oath that Wright owns the bitcoins in question.

Wright said he would prove his ownership if he were to win at trial.