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'Satoshi' Craig Wright Is Being Sued For $10 Billion For Stealing His Partner's Bitcoin (coindesk.com)
Craig Wright, the nChain chief scientist who previously claimed to be the pseudonymous bitcoin creator Satoshi Nakamoto, is being sued for a whopping $10 billion for stealing $5 billion in bitcoin from a former business partner. CoinDesk reports: The lawsuit is being brought by Ira Kleiman on behalf of the estate of his brother, Dave, who has been linked to the earliest days of bitcoin. Kleiman, a forensic computer investigator and author, passed away in 2013 following a battle with MRSA. At the heart of the new lawsuit, according to a complaint filed in the U.S. District Court for the Southern District of Florida on Feb. 14, is an alleged hoard of more than 1.1 million bitcoins, which Ira Kleiman's lawyers say is worth in excess of $10 billion. He is being represented by Boies Schiller Flexner LLP.
Wright, court records show, has been accused of allegedly conducting "a scheme against Dave's estate to seize Dave's bitcoins and his rights to certain intellectual property associated with the Bitcoin technology." "As part of this plan, Craig forged a series of contracts that purported to transfer Dave's assets to Craig and/or companies controlled by him. Craig backdated these contracts and forged Dave's signature on them," attorneys for the plaintiff wrote. Included alongside the complaint are a number of additional filings, including the business registration for a firm called W&K Info Defense Research LLC, in which Kleiman and Wright were business partners. In addition to the roughly 1.1 million bitcoins, Ira Kleiman is also seeking compensation for the intellectual property his lawyers claim arose from the partnership between his deceased brother and Wright.
Wright, court records show, has been accused of allegedly conducting "a scheme against Dave's estate to seize Dave's bitcoins and his rights to certain intellectual property associated with the Bitcoin technology." "As part of this plan, Craig forged a series of contracts that purported to transfer Dave's assets to Craig and/or companies controlled by him. Craig backdated these contracts and forged Dave's signature on them," attorneys for the plaintiff wrote. Included alongside the complaint are a number of additional filings, including the business registration for a firm called W&K Info Defense Research LLC, in which Kleiman and Wright were business partners. In addition to the roughly 1.1 million bitcoins, Ira Kleiman is also seeking compensation for the intellectual property his lawyers claim arose from the partnership between his deceased brother and Wright.
This hierarchical structure you're lamenting about exists at every level of society and has since the existence of our species. The innovators or the tyrants tend to obtain a larger portion of the pie. Wealth itself, be it USD, Euro, real-estate or anything else is concentrated. This applies to skills too. The top 100 chess players win almost everything. The top 100 tennis players win almost everything. Federer has won more grand slams than I can count and so has Serena. Around 100 or fewer programmers designed the fundamentals of operating systems such as Unix & Linux, the same applies to the internet and even popular programming languages. We are not all equal in our abilities and even when abilities match, ambition doesn't (and neither does the willingness to be unethical for climbing some fairly artificial hierarchy). This isn't a Bitcoin problem.
This is the way it has always been except when social engineering was used to change it - such as in communism. Those systems are infinitely more damaging in every way through and suck the life out of the human soul. They artificially place people in positions they aren't as competent in (thus contributing less to society than a worthy candidate), they suck competitive drive like vacuum and creativity along with it, they tend to lead to massive self-censorship - with people turning on each other as a means to fight for privilege within the party, they're woefully inefficient etc. As someone who came from a communist country, it's actually sad to see how many of those ideas are entertained in today's political landscape.
BTW: At least unlike Zcash for instance, the creators didn't just decide "we get x% of the supply". It still had to be mined and their advantage came from being here first. The same is true for Monero - which is one in which developers have consistently done what's right for the project rather than what would give them the biggest slice of the profits. Ripple isn't decentralized or trustless and the founders hoarded a mind-boggling amount of the supply in a trust - I think it was something like 50% of the supply. Bitcoin is pretty good in this regard compared to many others.
Dave Kleiman died in 2013, hence references to his estate in TFS... https://en.wikipedia.org/wiki/...
Noting this less for the AC and more for anyone confused by AC.
There is no XUL, only WebExtensions...