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Would-Be Bitcoin Creator's Motion to Dismiss Lawsuit Is Denied

  • Craig Wright had sought discharge on basis of jurisdiction
  • Estate of late business partner alleges billions were stolen
Craig Wright arrive at federal court in West Palm Beach, Florida, in June hearing
Craig Wright arrive at federal court in West Palm Beach, Florida, in June hearingPhotographer: Saul Martinez/Bloomberg
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Craig Wright, the controversial entrepreneur who claims he created Bitcoin under a pseudonym, must defend a lawsuit claiming he stole cryptocurrency and intellectual property worth billions from a late business partner, a judge said.

U.S. District Judge Beth Bloom ruled Thursday that the federal court in Florida has jurisdiction over the case. The judge didn’t address the merits of the claims.