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UK court rules Craig Wright needs to prove ownership of 110,000 Bitcoins

UK court rules Craig Wright needs to prove ownership of 110,000 Bitcoins

CointimeCointime2023/12/08 03:18
By:Cointime

According to CoinDesk reports, a UK court has ruled that Tulip Trading, owned by Craig Wright (aka Satoshi Nakamoto), must prove ownership of approximately 110,000 bitcoins, which are at the center of a case brought by a group of bitcoin developers in 2021.Previously reported, the Bitcoin Legal Defense Fund submitted a preliminary question application to the UK High Court, stating that "Satoshi Nakamoto" Craig Wright lacks evidence to prove that he truly owns the 111,000 bitcoins he claims to have lost. "If Craig Wright is the owner of the bitcoins in the 1Feex address, he has actually admitted to being the person who stole 80,000 BTC from Mt.Gox, because it is widely accepted in the cryptocurrency community that the bitcoins stored in the 1Feex address come from the Mt.Gox hack in March 2014."

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