12/6/2021, 6:36 PM (Source: TeleTrader)
more TeleTrader news

Bitcoin SV soars 7% after Wright case verdict

Bitcoin SV (BSV) jumped 7% on Monday after a court in Florida found Craig Wright, the self-alleged founder of Bitcoin named Satoshi Nakamoto, not guilty on most counts of the lawsuit initiated by his late business partner's family.

In a case worth over $64 billion, the Australian programmer was found guilty only on the count of conversion, for which he owes $100 million in compensatory damages.

Bitcoin SV surged 7.26% at 12:35 pm ET, selling for $130.1, while the price of Bitcoin was down 0.64% a minute later, selling for $49,146.7.

Baha Breaking the News (BBN) / BU