Craig Wright in Trouble? How The Moved 50 BTC Address Could Finally End the Satoshi Debate


NordFX

Following Wednesday’s historic move of bitcoins from an address that mined 50BTC way back in February 2009, self-proclaimed Bitcoin inventor, Craig Wright appears to have met a legal dead end in proving that he is the creator of Bitcoin.

The address from which the coins were moved 17XiVVooLcdCUCMf9s4t4jTExacxwFS5uh is significant to the community since it was one of the 16,000 addresses that Craig Wright listed in a legal document in the Kleinman v. Wright case.

As we’ve covered in earlier reports about the case, Craig Wright had said he doesn’t have access to the private keys to these addresses, a claim that now no longer stands since funds have been moved from one of those addresses.

Additionally, any argument that Craig Wright himself had moved the 40 BTC on Wednesday, was ruled out by Bitcoin SV proponent, Calvin Ayre. Ayre tweeted in a Twitter response to Blockstream’s Adam Back that Wright wasn’t responsible.

Not Satoshi for Real?

Going by Ayre’s comments that Wright didn’t move the fund, means that Craig Wright’s claim to be Satoshi Nakamoto must now be backed by some hard proof if he will ever obtain legal victory in the case against Ira Kleiman’s camp.

Wright has to either move the coins from the other addresses which hold around 821,050 and 1,100,111 BTC, otherwise, it would be confirmed that he doesn’t own them. Such a situation would prove he has lied to the judge about the ownership of these coins and could lead to his conviction.

There is still a little probability that he unlocks the coins when the case goes to trial on July 6, but anything short of that could end potentially any debate that Craig Wright is Satoshi Nakamoto.

In fact, although, there have been several other situations suggesting that Wright has been making the story up, an anonymous early Bitcoin miner may well have provided a way to resolve one of the longest standing legal cases in the crypto industry.

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Author: Wilfred Michael

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Author: Wilfred Michael