Cryptocurrencies

Self-Proclaimed Bitcoin Inventor Accused of Swindling $5 Billion of Cryptocurrency

  • Craig Wright sued over $5 billion Bitcoin mined by colleague
  • Computer-security expert’s family lays claim to assets
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Craig Wright, the self-proclaimed inventor of bitcoin, is accused of swindling more than $5 billion worth of the cryptocurrency and other assets from the estate of a computer-security expert.

Wright, who claimed in 2016 that he created the computer-based currency under the pseudonym Satoshi ‎Nakamoto, allegedly schemed to use phony contracts and signatures to lay claim to bitcoins mined by colleague Dave Kleiman, another cryptocurrency adherent, who died in 2013, according to a lawsuit filed by Kleiman’s brother.