As ‘Craig is Satoshi’ Drama Unfolds, Let’s Revisit Pablo Escobar Family’s Bitcoin Trademark History

Documents from the United States Patent and Trademark Office revealed that before Craig Wright, the Bitcoin trademark was registered to none other than the popular Escobar family.

The available documents by the trademark office show that Roberto Escobar, brother to Pablo Escobar is the former main signatory on the naming right of Bitcoin.

The Escobar Family and Bitcoin

Coin Legal Limited, a United Kingdom-registered company is identified by the U.S trademark office as the former owner of Bitcoin’s trademark. On the UK company’s database, Company House, results reveal that Coin Legal was established in June 2018, and it is headed by a director named Olof Kyros Gustafsson.

The investigation also reveals that the same Olof Gustafsson is also the Chief Executive Officer of Escobar Inc- which was also detailed on his bio on social media platform Twitter, which reads:

‘’Investor, Philanthropist, CEO of Escobar Inc.’’

The initial application for coin legal’s bitcoin naming rights was also signed off by the founder of the firm, whose details was unavailable of the UK database. Further revelation revealed the founder to be Roberto de Jesus Escobar Gaviria, otherwise known as EL Osito (Little Bear) a drug lord brother to popular Colombian drug baron Pablo Escobar.

The Trademark War

The official application for Bitcoin’s trademark was filed in July 2018, which was exactly a month after Coin Legal registered with business authorities in the United Kingdom. Before Craig Wright came along with the own trademark claims, Roberto and his company have been in control of the Bitcoin trademark for just four months.

The silent war over Bitcoin trademark started when Craig Wright filed his own trademark claim in November 2018, this gave the former owners just six months to contest his claim. A document was sent to Coin Legal, which states that:

‘’To avoid abandonment of the applicant’s trademark application, the USPTO must receive applicant’s complete response to this letter within 6 months of the issue/mailing date below.’’

Coin Legal did not act within the stipulated period and Craig Wright, who claims to be Satoshi Nakamoto declared the trademark his, without any contest from any party. However, there are indications that Wright is not only interested in bitcoin but cryptocurrency in general.

The statement in his claim declared thus:

‘’Cryptocurrency, namely providing a digital currency for a digital token for use by members of an online community via a global computer network.’’

This dangerous claim by wright might just apply to all of the +2,000 coins and tokens listed on CoinmarketCap. Although, the United State Copyright office debunked the claim that Craig is indeed Satoshi, stating that his successful registration is not proof enough that he’s the mysterious bitcoin founder.

In related news, eccentric crypto enthusiast John McAfee states that he knows the whereabouts of Satoshi, but won’t reveal much, Bitcoin Exchange Guide reported.

The controversial crypto expert said that the reason he is keeping the identity of Nakamoto secret was that it could lead to his extradition since he will be exposing the secret of one of the most powerful men in the world.

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