Will Bitcoin Creator Be Revealed? A $ 61 billion question

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Family of dead man sues partner for control of million bitcoins

Soon the world might find out who the creator of Retail Bitcoin, currently known as Satoshi Nakamoto, is.

In Florida, the family of a deceased man is suing his former business partner for the assets of the partnership. This is not a usual case, as the assets in question include 1 million Bitcoins, which are worth around $ 61 billion today.

David Kleiman’s family are suing Craig Wright, who claims he created Bitcoin. Mr Wright dropped his claims in 2016 after facing stiff criticism, but has since reverted to his origin story and argued that he was the mysterious Satoshi Nakamoto.

Mr. Kleiman passed away in 2013. His family claim that Kleiman and Wright created Bitcoin together. Therefore, Mr. Kleiman’s family should be entitled to 50% of the million Bitcoins.

Anyone claiming to be Satoshi Nakamoto should have the private key and show that they can move the Bitcoins in question. The lawsuit will find out if Mr. Wright created Bitcoin or if his claims were false. If the lawsuit reveals that neither Mr. Kleiman nor Mr. Wright were the creators of the world’s first cryptocurrency, the crypto world will remain in the dark about Satoshi Nakamoto’s true identity.

Bitcoin took a strong push to the downside after successfully settling below the 20 EMA at $ 63,000. Currently, Bitcoin is trying to pass the test of the $ 60,000 level.

In the event that Bitcoin drops below $ 60,000, it will head towards the 50 EMA at $ 59,100. A successful test of support at 50 EMA will pave the way for testing the next level of support which stands at $ 57,700.

On the upside, the closest resistance level for Bitcoin is at $ 62,000. If Bitcoin manages to climb above that level, it will head towards the 20 EMA at $ 63,000. A move above the 20 EMA will push Bitcoin towards the next resistance level at $ 63,500.

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