Bitcoin Core Dev Resigns Ahead of Kleiman vs Wright Trial

October 26, 2021 at 08:19 AM GST 1 min read News

Bitcoin developer Jonas Schnelli has resigned from his position.
Schnelli’s resignation came ahead of the Ira Kleiman vs Craig Wright lawsuit.
Wright earlier filed a lawsuit against Schnelli and other Bitcoin developers.

Long-time Bitcoin maintainer and contributor Jonas Schnelli announced that he has already resigned from his position.

Dear Bitcoiners

I decided to step down as Bitcoin Core maintainer and contributor.

The last years where amazing and I coded, discussed and learned so much!

I started contributing in 2013 and went full time in 2015. What a ride!

But now, it’s time for me to move on.

Thread 👇

— Jonas Schnelli (@_jonasschnelli_) October 21, 2021

As stated in the tweet, Schnelli joined as a Bitcoin developer back in 2013 when the crypto asset was in its earlier stage. At that time, the cryptocurrency had yet to experience mass listing on exchanges.

Interestingly, Schnelli’s resignation came ahead of the lawsuit between Ira Kleiman and Craig Wright. By and large, the lawsuit focused on intellectual property rights. Specifically, Kleiman claims that Wright co-developed Bitcoin with other persons including his brother Dave.

On the other hand, Wright is well-known for claiming that he is none other than Satoshi Nakamoto, Bitcoin’s mysterious inventor. While Wright is adamant of his position, a majority of the crypto community are convinced otherwise.

Earlier, Wright filed a lawsuit against Schnelli and other Bitcoin developers over the notorious Mt. Gox hack in the early days of crypto. Others are quick to assume that Schnelli’s resignation is connected to the lawsuit, although Schnelli did not confirm it.

Overall, Schnelli advised youngbloods to maintain their anonymity should they plan to contribute to Bitcoin as a developer.

You may ask, why step down now? What happened?

Sometimes, interests shift and you can’t do much about it.

On top, I feel that the legal risks for Bitcoin developers are increasing year by year (which can be stressful).

New contributors should join anonymously (it’s tricky).
— Jonas Schnelli (@_jonasschnelli_) October 21, 2021

At the time of writing, Bitcoin price is at $61,899.13, according to CoinGecko. Recently, Bitcoin reached its all-time high at around $66,750.

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