Bitcoin SV Sees 70% Gains Following Craig Wright’s Key Find

Table of Contents

• So why did this happen?

• Looking at the cryptocurrency charts earlier today, I noticed that everything was in the green. 
• But one specific token that caught my eye was Bitcoin SV which is currently 70.54 per cent up.
• Craig Wright is telling the court today that he has received the keys to gain access to a crypto fortune called the Tulip Trust.

Looking at the cryptocurrency charts earlier today, I noticed that everything was in the green. But one specific token that caught my eye was Bitcoin SV which is currently 70.54 per cent up leaving it with a price of $363 at the time of writing.

So why did this happen?

Craig Wright, the self-professed Satoshi Nakamoto, is telling the court today that he has received the keys to gain access to an $8.9 billion crypto fortune called the Tulip Trust.

As per CoinTelegraph:

“Wright was a business partner to one David Kleiman, and they mined a lot of Bitcoin together back when that was an easier thing to do. The pair ended up with 1.1 million Bitcoin in their custody, and that stash is known as the “Tulip Trust” in reference to the tulip bubble that took the Netherlands by storm in the 17th century.”

All the paperwork has been sorted and Wright has filed all the documents which show his compliance to worth with the court order.

“Dr. Wright notifies the Court that a third party has provided the necessary information and key slice to unlock the encrypted file, and Dr. Wright has produced a list of his bitcoin holdings, as ordered by the Magistrate Judge, to plaintiffs today.”

It will be interesting to see how this plays out. For more news on this and other crypto updates, keep it with CryptoDaily!