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You are here: Home / Cryptocurrency News / Bitcoin (BTC) / Stolen Mt. Gox Bitcoin Claimed by Craig Wright

Stolen Mt. Gox Bitcoin Claimed by Craig Wright

By Yvette Mwendwa | Edited By ,June 14, 2020, 9:12 PM

Mt. Gox Bitcoin

Craig Wright, the self-proclaimed Bitcoin founder, has again boldly declared that he is the mastermind behind the 2011 stolen Mt. Gox Bitcoin totaling 79,956 BTC worth around $751 million in the current market. One of the addresses involved during the high-profile heist famous as the address “1Feex,” still contains bitcoins from the incident.

‘1Feex’ contains Stolen Mt. Gox Bitcoin

The controversial bitcoin figure wrote a letter through his law firm, SCA Ontier, addressed to Blockstream, the firm for Bitcoin network services. Wright alleges in the letter that he possesses more than two Bitcoin addresses. One was the 1 feex address believed to contain the BTC stolen from Mt Gox.

Idiotic letter that #Faketoshi’s lawyers are sending around. 😂 pic.twitter.com/9oswhTUd5S

— Samson Mow (@Excellion) June 12, 2020

Over the years, with the motive to prove that he is the pseudonymous creator of Bitcoin Satoshi Nakamoto, Wright has laid claim to many addresses. Wright has claimed ownership of the early Bitcoin addresses in defense of his dubious claims that contain significant amounts of money.

The feex address is a perfect match for Wright’s early addresses claiming ownership, as it originally received funds back in March 2011 with a balance of 79,900 BTC. Wright has implied himself as a participant in the Mt. Gox heist by claiming the popular address, even though the letter does not mention Mt. Gox anywhere.

Does Craig Wright ever stop?

In the past, Craig Wright has claimed bitcoin addresses that owners have come out to disapprove of him by using their keys to sign cryptographic messages. Wright alleges in his letter that during a robbery he lost his keys to the 1feex back in February this year. This means that he can not use the address to sign cryptographic messages nor to transact.

Stolen Mt. Gox Bitcoin

Craig Wright’s involvement in such a high-profile crime will only tarnish his already deplorable reputation in the cryptocurrency sector. Some industry players have suggested that Craig Wright be prosecuted for laying claim to stolen funds, but it’s unclear how to do that in practice.

There is actually not one lawsuit in the recent past that was ruled in support of Craig Wright. Despite this, he still tries tirelessly to prove that he is the Bitcoin creator. Expect more drama from Craig Wright soon

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Filed Under: Bitcoin (BTC), Industry

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