{"id":394334,"date":"2019-08-27T11:00:27","date_gmt":"2019-08-27T11:00:27","guid":{"rendered":"https:\/\/wncen.com\/?p=394334"},"modified":"2019-08-27T10:39:00","modified_gmt":"2019-08-27T10:39:00","slug":"will-craig-wrights-lost-500000-bitcoins-flood-the-market","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/will-craig-wrights-lost-500000-bitcoins-flood-the-market\/","title":{"rendered":"Could Craig Wright\u2019s Lost 500,000 Bitcoin Flood The Market?"},"content":{"rendered":"
The crypto community has been largely reveling in the fact that a court ruled against Craig Wright yesterday. The case involved a hefty sum of Bitcoin, and concerns are growing about the possibility of it flooding the market if sold in a hurry.<\/p>\n
Wright Loses 50% BTC Stash<\/h2>\n
In a Florida court hearing yesterday a magistrate judge recommended that Craig Wright turn over half of his pre-2014 Bitcoin holdings and intellectual property to the estate of now deceased plaintiff, Dave Kleinman. Kleinman\u2019s brother, Ira, had accused Wright of defrauding the family out of their rightful claim to over a million BTC<\/a>.<\/p>\n