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Self-Described Bitcoin Creator Must Pay $100 Million in Suit

  • Craig Wright defeats most claims that he cheated ex-friend
  • Outcome won’t settle lengthy debate over identity of Satoshi
Craig Wright at federal court in West Palm Beach, Florida on June 28, 2019.
Craig Wright at federal court in West Palm Beach, Florida on June 28, 2019.Photographer: Saul Martinez/Bloomberg
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The Australian computer scientist who claims he invented Bitcoin was told by a U.S. jury to pay $100 million in damages over claims that he cheated a deceased friend over intellectual property for the cryptocurrency.

Jurors in Miami federal court took about a week to reach Monday’s verdict, following about three weeks of trial. The jury rejected most claims against Craig Wright and the outcome probably won’t resolve the debate over whether Wright is the mythical creator of the peer-to-peer currency, Satoshi Nakamoto.