Bitcoin devs rebuff Craig Wright lawsuit over $2.5B lost coins, cite history of forgery

Bitcoin (BTC) developers sued by the self-proclaimed inventor of the flagship digital asset, Craig Wright, have filed preliminary objections against claims that they failed in their fiduciary duty to help him recover over 100,000 BTC, worth roughly $2.5 billion, lost in a hack.

According to the preliminary application filed before a U.K. High Court, the BTC developers argued that there was no proof that Wright or his company owned or controlled the stolen assets.