Order to return 500,000 Bitcoin to estate challenged
The self-proclaimed creator of Bitcoin is challenging a recent court order where he was to pay 500,000 Bitcoin back to a former colleague’s estate, according to a recent story on cointelegraph.com
Craig Wright is a computer scientist who says he is the creator of Bitcoin and the man behind the pseudonym Satoshi Nakamoto. In February 2018, Dave Kleiman’s estate initiated a lawsuit against…
Florida Court: Estate battle to prove bitcoin inventor
A court in Florida is to try and determine the inventor of bitcoin, according to a story in Money International this week.
The ‘inventor’ of Bitcoin is thought to be Satoshi Nakamoto—the name of the person on the paper which first introduced bitcoin (the first crypto-currency) to the world in 2009 when it was released as open source software. Satoshi Nakamoto is thought to be a name for a…
Legacy-giving, wills and intestacy
Despite people having less to give, charity gifting is still an important part of people’s legacies, according to recent research carried out by the will-writing firm Farewill.
More than 25 per cent of will writers left a donation to charity in 2023, despite rising living costs. The typical charity partner received £1.01m in 2023, up 20 per cent from £0.84m in 2022, with Gen Z and baby boomers…
Passing on digital assets – the importance of ensuring your heirs know how to access accounts and passkeys
How do you pass on your cryptocurrency assets – The Hustle website asked this question recently, using the example of an IT professional who’d suffered a near-death experience.
Ryan Klein had been clearing out a gutter at his home when he fell off a ladder. While he didn’t suffer any injuries, the thought struck him at the time that had he died, his wife had no access to his cryptocurrency and…
The Cryptocurrency Inheritance
If you invested in cryptocurrency, what would happen when you died?
Cryptovest explored this issue in an article this week, a topic that is bound to become more relevant in the years to come. A cryptocurrency is a decentralised digital cash system or virtual currency. The best known example is Bitcoin, which was invented in 2008.
To realise digital cash, a payment network is needed…