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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More on this story

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.