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January 16, 2022
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Bitcoin

Craig Wright: BTC case involving billions of dollars stalled

If things continue as they are, chances are good that the process will be overturned.

Craig Wright, who claims to be Bitcoin creator Satoshi Nakamoto, doesn’t seem to have much luck in justice. In 2018, his deceased friend David Kleiman filed a lawsuit against him, claiming that they were both partners and had invented cryptocurrency together.

Late in the afternoon of Wednesday (1), the jury published the following testimony:

“Unfortunately, we couldn’t come to a conclusion and we can’t all agree on a verdict on any of the issues.”

Beth Bloom, the judge in charge of the case, requested that the jury continue its deliberations until a verdict is reached. If the jury is unable to reach a consensus, the judge may request the annulment of the judgment.

a lot of money involved

The lawsuit puts a multi-billion dollar amount at stake: all sides agree that Wright is the creator of Bitcoin, but there is a dispute over ownership of the 1.1 million BTC mined at the time.

At current prices, the amount is equivalent to around 62 billion dollars, or 352 billion reais.

family affairs

Ira Kleiman, David’s brother, is representing the deceased in court. He claims that Wright breached a verbal contract with David: both would have to mine together and work on the Bitcoin project.

However, Wright says the information is not true. According to him, such a verbal agreement never existed and Kleiman, at best, helped to check the cryptocurrency whitepaper. Also, Kleiman is not a programmer, so he could not have participated in debugging the code.

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