Cryptocurrency news by Protos

Craig Wright pursues jury trial over billions worth of bitcoin


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The London Court of Appeal has ruled that Craig Wright’s case against Bitcoin developers can proceed to trial. The case involves Wright’s allegation that his company, Tulip Trading, lost 111,000 bitcoin (worth $2.4 billion today) to hackers who stole its private keys.


Wright is arguing that Bitcoin developers have an obligation to help asset owners recover those funds. Previously, a lower court had dismissed the case, however, the Court of Appeal overruled that dismissal, giving Wright a chance to pursue his case in front of a jury.

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Cryptocurrency news by ProtosBy Protos