Editor’s Note: With $3.6 billion in bitcoin on the line, nChain founder and self-proclaimed Satoshi Nakamoto’s Craig Wright is about to argue that he shouldn’t be fined $650,000 for lying in court, because he didn’t. The court filing, which Modern Consensus has seen before it enters the public record, is part of Wright’s attempt to fend off a claim on half of a cache of 1,000,000 bitcoin mined in the early days of bitcoin by its creator, Satoshi Nakamoto. Wright is being sued by the estate of his late partner, Dave Kleiman. So far Wright has been hammered in court. Magistrate Judge Bruce Reinhart, who oversaw a pre-trial stage of the…
The Judge who accused Craig Wright of lying in court may order him to pay $650,000 to the estate of his late partner, Dave Kleiman. Wright claims to have created Bitcoin and is being sued for half of a one million bitcoin cache mined by Satoshi Nakamoto.
In the latest act of the Craig Wright Follies, the self-proclaimed Satoshi is claiming poverty. Okay, maybe not poverty, exactly, but he has apparently backed out of a settlement deal to resolve the $10 billion lawsuit by the estate of his late partner, Dave Kleiman. According to Kleiman’s quite angry lawyers, he now says he can’t afford it.
Self-proclaimed Bitcoin creator Craig Wright intends to appeal a ruling by Magistrate Judge Bruce Reinhardt that branded him a liar and ordered him to give approximately $5 billion worth of bitcoin to the estate of his late partner Dave Kleiman.