<\/a><\/p>\nIn his ruling, Judge Reinhart ordered Wright to hand over half of the bitcoins he mined before Dave\u2019s death in 2014, assumedly all of it is with the help of Dave, and also to credit half of his intellectual property claimed to be associated with the creation of bitcoin. It is worth noting that judge Reinhart did not pronounce himself on whether Wright is the real Satoshi Nakamoto but only ruled in favor of Kleinman\u2019s request to be given all bitcoin that was owed to his brother by Wright.<\/p>\n
The bitcoin in contention is worth well more than $10 billion in market valuation, which means that Wright now owes Ira more than $5 billion worth of bitcoin<\/strong>. Of course, Wright revealed that he will be contesting the decision in court on September 24th, so that remains to be seen but for now, he is engaged ongoing negotiations on how to make the multi-billion dollar settlement.<\/p>\nNow considering the outcome of the case, some of Wright\u2019s proponents including CoinGeek.com creator Calvin Ayre took the chance to peddle the theory that court has proved Wright\u2019s involvement in the creation of the Bitcoin blockchain. \u201cJudge just rul[ed] Craig is Satoshi,\u201d<\/em> he wrote in a tweet in August.<\/p>\n","protected":false},"excerpt":{"rendered":"Controversial Australian bitcoin developer Craig Wright is reportedly engaged in extensive talks with Ira Kleinman, the brother of deceased former business partner Dave Kleinman over the settlement of the 1.1 million bitcoins, half of which were awarded to the Kleinman estate last month.<\/p>\n","protected":false},"author":4,"featured_media":17195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,70,74],"tags":[4602,4910,5039,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/17194"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=17194"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/17194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/17195"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=17194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=17194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=17194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}