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Craig Wright, the Chief Scientist at nChain has become a household name in the cryptocurrency industry after claims that he was the legendary creator of Bitcoin, Satoshi Nakamoto. After months of speculation and finger-pointing, Wright was finally asked to show proof that he was Nakamoto at a federal court hearing in West Palm Beach, Florida.

The Bitcoin SV proponent was going against the lawsuit filed by Ira Kleiman, the brother of late BTC developer David Kleiman, who had levied criminal charges against Wright for cheating David off billions’ worth of Bitcoin.

The court proceeding

As proof, the nChain official was asked to submit the private keys and addresses of the initial Bitcoins, something that only Nakamoto would hold. But as expected by many critics, Wright was unable to produce any proof in the court, which allegedly ensued in a tear-filled monologue about how he was the legitimate creator of Bitcoin and that David Kleiman had swindled him off all his assets. Wright reasoned that back in 2013, he had handed over a vital piece of information to Kleiman which was lost. He elucidated on not having the private key by stating:

“My wife and I consider it’s too much money, I’ve got enough now… and we worry what that amount of money would do to the kids.”


The court hearing resulted in many proponents of the cryptocurrency field, who had tussled with Wright earlier, to call him out on his smoke and mirrors tactics. Peter McCormack lost no time in attacking Wright, tweeting:

“Craig Wright is crying in court, Bitcoin never cries.”

McCormack is just one among the several ‘anti-Wright’ members, with others claiming that Wright’s crocodile tears in court are just a façade to make up for his lack of credibility and coding smarts.

The Federal court has not given out a conclusive decision on Wright’s future as of yet but the proceedings showed that without the required evidence, his claims to the Satoshi throne will be utterly null and void.


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