Cryptocurrencies

Craig Wright Denies Transferring ‘Satoshi’ Coins, Creating a Legal Dilemma

Calvin Ayre, the billionaire backer of Bitcoin SV, has disclosed that Craig Wright, who claims to be Satoshi Nakamoto, has denied having moved 50 BTC from a long-dormant wallet.

On Wednesday, an unidentified individual transferred 50 BTC — valued at approximately $486,000 — from an address that contained coins mined just a month after Bitcoin’s mainnet launch in 2009.

This revelation leaves Wright in a complex legal situation, as questions about the ownership and legitimacy of these coins continue to arise.

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