A federal court in West Palm Beach, Florida, decided on Wednesday, March 9, that self-proclaimed Bitcoin (BTC) founder Craig Wright must pay $43 million to a joint venture he co-founded.
According to a ruling issued [PDF] by U.S. District Judge Beth Bloom, Wright must pay an additional $43 million to a joint venture he co-created, on top of the $100 million judgment against him last year.
In December, a jury determined that Wright had illegally taken intellectual property belonging to the joint venture with late computer forensics specialist Dave Kleiman, W&K Info Defense Research.
According to the court’s final decision, the extra $43 million in interest on damages sustained by W&K from the time he seized possession of the IP in 2013 until the court’s final verdict.