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The Faketoshi Lawsuit

It has already been a couple of days since the Bitcoin community woke up to the news of Craig Steven Wright winning a lawsuit against the Kleiman estate over the ownership of 1.1 million Bitcoin (BTC). The equivalent in USD value of said Bitcoins is, at the time of writing, $52.241.057.000; or putting it into a more readable format, a bit north of 52 Billion USD.

This however, hasn’t come cheap for Mr. Wright, who will still have to pay 100 million $ as a means of compensation for a company founded by Kleiman. The outcome of this trial is, indeed, important for the Bitcoin community; but what does it really mean?

First and most important, at no point of the trial was the jury trying to determine whether CSW was Satoshi. This implies that no matter the outcome (even if we already know it), there is no paper coming from an authority (a judge in this case) saying that CSW is Satoshi. In fact, every time CSW has claimed to provide some proof of this, his claims have been debunked.

The only real importance of this lawsuit is for the Kleiman estate. Should they have won, CSW would have to have shared half of the Bitcoins he allegedly has, and I say allegedly because a few years ago a 100 addresses he had claimed as his trust were signed stating that “CSW is not Satoshi”.

It may have taken us a few days to openly talk about this, because we wanted to have all the facts before stating an oppinion, but once again, there is no real evidence that CSW is Satoshi Nakamoto, creator of Bitcoin.

Having once again said that, why not have a good time with your real Bitcoins? Check out the list of casinos accepting Bitcoin here!

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