Craig Wright, the self-proclaimed & fake Satoshi Nakamoto just can’t catch a break. January 1, 2020 was the day Mr. Wright was expected to show proof he is the real Satoshi, but failed to do so again.
Is Craig Wright the real Satoshi Nakamoto?
Wright was supposed to claim and have transferred to a wallet he owns the sum of 1.1 million Bitcoins. That’s approximately $8 billion dollars worth of BTC at current price.
The “Tulip Trust” is supposedly in possession of the coins, waiting for the real Bitcoin inventor to claim them. Is the missing dateline proves Craig Wright is indeed a fake Satoshi Nakamoto? No completely, but it’s getting close.
Mr. Wright’s claim is slowly getting diminished with every instance he fails at an opportunity to prove he’s the real Satoshi Nakamoto.
What is the Bitcoin “Tulip Trust?”
The Bitcoin “Tulip Trust” is said to be a contractual agreement signed in 2011 by Craig Wright and Bitcoin mining associate, David Kleiman who died in April 26, 2013.
According to the contract, the Tulip Trust, based in Seychelles is the security holder of 1.1 million BTCs that were mined by both Kleiman and Wright; both scientists. The document states that the Bitcoin stash is to be distributed equally to the two parties on January 1, 2020.
Craig Wright vs David Kleiman Estate
A case filed by the estate of the late Kleiman has been playing out in Florida courts. The lawsuit is to determine who get access to the $8 billion dollars worth of Bitcoin.
Who will prevail? Craig Wright, the supposedly fake Satoshi Nakamoto or Kleiman’s estate? That is yet to be decided.
However, we now know one thing for sure. Wright, ones more, failed to prove he’s the real Satoshi by missing the January 1st deadline; one of many.
Mathieu is a Information technology professional with over 15 years of experience. He started one of the first bitcoin blogs existed in 2010. He started writing about, investing in bitcoin and promoting the first cryptocurrency when only a few technological savvy people knew about it. Mathieu is a world traveler who enjoys culture, technology, finance, salmon, rice and beans. He’s cool, collected and knows a great deal about blockchain technology.