• Craig Wright’s wife knows nothing Bitcoin
    Bitcoin,  People

    Craig Wright’s wife knows nothing about how Bitcoin works

    Or is a BTC private encryption key like a Mercedes key, in that a mechanic can cut you a new one if you get locked out

    Craig Wright’s wife, Ramona Watts, knows nothing about how Bitcoin works.  Considering that her husband claims to be Satoshi Nakamoto, the pseudonymous author of the Bitcoin whitepaper, you’d think she might be aware that a Bitcoin private encryption key is not like a Mercedes key. At least Ira Kleiman was honest (or self-aware) enough to tell the court that he does “not really” know much about how Bitcoin works. Ira is suing Wright for half of a $10 billion cache of bitcoins mined by Nakamoto in the early days of Bitcoin. Here’s a beauty from her March 19, 2020 deposition, which was unsealed on June 27.  In it, Ramona Watts was asked by…

  • how Bitcoin is stored
    Bitcoin,  Commentary

    Craig Wright Lawyer: Are you familiar with how Bitcoin is stored on a device?

    Ira Kleiman: Not really

    In a deposition released on June 19 in Kleiman v. Wright, it is clear that the adopted brother of Craig Wright’s late partner, Dave Kleiman, is nearly Bitcoin-illiterate. But he does know that if Craig and Dave really were behind the pseudonym Satoshi Nakamoto—which most of the crypto community doubts—there are 550,000 BTC with his name on them.

  • Tether Kraken funding Wright lawsuit
    Cryptocurrencies,  People

    Craig Wright accuses Tether, Kraken funding $10B Bitcoin lawsuit against him [Updated]

    Would-be Bitcoin creator claims they ‘seek to shut me down’ to protect their ‘Ponzi’ scheme. How the stablecoin issuer and the exchange benefit from Wright losing 550,000 BTC to the Kleiman estate is unclear

    Not to be missed in the ongoing $10 billion lawsuit between the estate of Dave Kleiman and his partner, self-proclaimed Bitcoin creator Craig Wright, are his accusations about who is funding it. The answer, he recently swore in court is... Tether and Kraken?

  • message calling Craig Wright a liar
    Bitcoin,  People

    Andreas Antonopoulos confirms: BTC-signed message calling Craig Wright a liar is legit

    Is it an ‘Ah-ha!’ moment or an ‘Uh oh!’ moment for Ira Kleiman, who is suing for half of the $10 billion in bitcoins Wright claims he mined as Bitcoin creator Satoshi Nakamoto?

    The credibility of Craig Wright’s claim to be Bitcoin creator Satoshi Nakamoto took another hit on May 25, when he was called a liar in a message signed by 145 of the 16,404 Bitcoin block's addresses he told a court in January he had mined.