Dave Kleinman’ Estate Has Sued “Bitcoin Creator” Craig Wright for $10 Billion

The self-professed Satoshi Nakamoto is being sued by Dave Kleiman’s estate  
27 February 2018   2269

Dave Kleiman claims that Craig Wright allegedly wanted to steal his Bitcoin and intellectual property rights. The lawsuit is filed by Dave Kleiman’s estate.

Most people do not believe that Craig Wright is the real Satoshi Nakamoto due to the fact that he failed to provide solid evidence on multiple occasions.

According to the complaint, which was filed by Boies Schiller Flexner LLP on behalf of Kleinman’s brother Ira. It alleges that Kleinman and Wright were both involved with Bitcoin development from the project’s inception. The complaint claimed that the two of them mined more than 1.1 million BTC through W&K Info Defense Research LLC. This company was formed by Kleinman and either owned wholly by him or held in partnership with Wright.

Upon the death of Kleinman Wright allegedly forged and backdated a series of contracts that transferred Kleinman’s cryptocurrency assets to Wright or his associated companies.

According to Wright, he told Ira Kleinman that his brother had signed away these property rights for shares allegedly worth “millions” in one of Wright’s companies. But this company went bankrupt, leaving Kleinman’s estate with nothing.

The plaintiff asked the court to force Wright to return the stolen funds to Kleinman’s estate. At the time of filing, these funds were worth more than $10.2 billion.

BNC to Monitor BTC Community's Mood

The system called Twitter Sentiment analyzes over 34M BTC-related Twitter posts each week, using AI to track the mood of the community
22 January 2020   131

Blockchain-based New Zealand-based research firm Brave New Coin (BNC) has unveiled a new system for measuring the mood of the Bitcoin community based on Twitter messages.

According to BNC, the new Twitter Sentiment rating system analyzes over 34 million BTC-related Twitter posts each week. The company uses artificial intelligence (AI) algorithms that look for records containing the words bitcoin, $ BTC and BTC and others.

BNC notes that user sentiment continues to be a “significant” factor in the price and dynamics of digital assets, and a new technique has been developed to track these sentiments. According to the BNC, it took 18 months to launch the Bitcoin Twitter Sentiment. The data obtained is divided into seven categories - Opinion, Technical Information, Inside the Network, Advertising, Bots, Macros and Hacking.

For the week ending January 17, the most common entries were in the Opinion category - their number was 30.42% of all data received. In second place was the category Technical Information, and in third inside the network (includes information on mining and hashrate).

BNC spokeswoman Pierre Ansaldi said that during the first quarter of this year, the company will also launch community sentiment analysis tools for other crypto assets.