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Craig Wright

Craig Wright's tangled web - part 1

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Craig Wright's schemes fall, in my mind, into three entangled but separate stages. The first is where Craig takes control of W&K Info Defense Research LLC, a company that belonged to his dead best friend, and uses this to give himself court-sanctioned control of multi-million dollars worth of alleged Intellectual Property. The second stage is where he uses this alleged property to trade between various companies he owns and claim R&D and/or tax rebates from the Australian government. Emerging from both of these is the third stage where he goes into full "billionaire mode", claiming to be Satoshi Nakamoto.

This article covers the first of those stages - the illegitimate takeover of W&K and the creation of a vast fortune of non-existent IP.