Bitcoin is invented by Satoshi Nakamoto but it is common knowledge that his identity is not known.If there arise any dispute related to bitcoin or its ownership,how would it be settled by court of law or in other words who is the legal owner of bitcoin?
Nobody has a patent for the invention of Bitcoin. Therefore, legally it does not belong to anyone. However, the owner will be any person who has a private key to a wallet with Bitcoin. Therefore, in court it will be enough to prove that you were the owner of a bitcoin wallet. When legalizing the cryptocurrency by the state, the relevant legal norms should already indicate the specific grounds that should be evidence of the ownership of the cryptocurrency. These bases may differ slightly in different states.