The claiming to be Bitcoin creator Satoshi Nakamoto allegedly controls addresses containing bitcoin stolen during the infamous 2011 Mt. Gox hacking incident. Craig Wright claims to be the brains behind BTC. However, he refuses to pay 1.1 million worth of Bitcoin that the Kleiman Estate has been demanding.
A letter sent to blockchain development firm Blockstream surfaced on Twitter. Blockstream Chief Strategy Officer shared a letter from Wright’s lawyers. It claims Wright owns the wallet address, known as 1Feex that holds 79,957 BTC worth over $756 million. Craig Wright’s attorneys have revealed that access to two of Wright’s Bitcoin addresses has been compromised. Mow tweeted,
“Idiotic letter that #Faketoshi’s lawyers are sending around.”
As per the letters, Wright’s Tulip Trading is the rightful owner of the Bitcoin in two addresses namely “1Feex” and “12ib7” that contain 79,957 BTC and 31,000 BTC. The letters further claim that the addresses were compromised on or around February 5, 2020. They assert it happened during a hack of Wright’s computer network. They calim that someone stole data from the encrypted file on the network and information on how to encrypt the file before deleting it from the network.
Bitcoin block explorers confirmed that the address currently contains 79,956 Bitcoin which is “unspent. Meanwhile, leading members of the crypto community have expressed shock and are investigating the matter. Former Mt. Gox CEO Mark Karpeles expressed his position on the letter via his Twitter handle saying:
“The 1Feex address contains ~80k BTC stolen from MtGox in March 2011. Craig Wright is claiming to have been in control of this address, until recently, admitting legal liability for damages and interest?”
The Mt. Gox incident is in record as the most significant Bitcoin hacking incident in the crypto industry. The Tokyo-based cryptocurrency exchange that reportedly handled over 70% of global bitcoin transactions lost a significant amount of Bitcoins. A hacker transferred the coins into his account, leading to a price drop for the king coin to one cent on the exchange.
Computer scientist Craig Wright has been a controversial figure for a while now. For instance, he stated in his legal testimony on March 16, 2020; he was using an iPhone from as early as 2006 when no such gadgets existed until June 2007. Doubts surround his PhD amid claims of plagiarism. Should Wright choose to reply to the accusations surrounding Mt. Gox, his action could have a severe impact on the cryptosphere.