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7 December 2021Muireann Bolger

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.
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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.
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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.