Bitcoin ‘inventor’ ordered to pay $100m in damages
An Australian computer scientist and self-proclaimed inventor of Bitcoin has been cleared of majority of claims in an IP dispute, but will have to pay $100 million in damages—reportedly in the form of IP assets—to a venture he founded with his deceased business partner.
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15 September 2014 The chairman of the Bitcoin Foundation’s regulatory affairs committee, Marco Santori, has joined the Pillsbury Winthrop Shaw Pittman LLP IP team.
28 May 2014 Japanese-based web hosting company Tibanne has put the ‘Bitcoin’ trademark up for sale and is looking to raise up to 100 million Japanese Yen ($1 million), according to the Wall Street Journal.
11 April 2022 A computer scientist’s estate has appealed an award handed to self-proclaimed Bitcoin inventor Craig Wright, who won a lawsuit to secure IP rights to the technology.