- Wright has to turn over 50% of the 1.1 million bitcoins he mined with David Kleiman.
- The judge also found that Wright perjured himself.
The year-long, multi-billion-dollar Kleiman v. Wright case concluded with the U.S. District Court for the Southern District of Florida ruling against Craig Wright. The self-proclaimed Satoshi Nakamoto has been ordered to turn over 50% of the 1.1 million bitcoins he mined with David Kleiman. Judge Bruce E. Reinhart also concluded that Wright committed perjury:
“I have found that Dr. Wright intentionally submitted fraudulent documents to the Court, obstructed a judicial proceeding, and gave perjurious testimony.”
During his ruling, Reinhart stated:
“Wright and Dave Kleiman entered into a 50/50 partnership to develop bitcoin intellectual property and to mine bitcoin….bitcoin-related intellectual property developed by Dr. Wright prior to David Kleiman’s death was property of the partnership.”
As expected, Twitter had a field day with the ruling.
“Craig Wright is a fraud.”
“A class action lawsuit would be against:
- Craig Wright (the forger)
All three are likely guilty of misleading investors by lying that Craig is Satoshi and that BitcoinSV is Satoshi’s Vision.
Meeting US lawyers next week.”
“Leading to a total destruction of Craig Wright's credibility. Ouch. Believe me, if this judge had to answer the question "is this guy Satoshi?" he would without thinking twice, say ‘of course not, silly!’”
“And since Dave Kleiman and Craig Wright now have to evenly split the supposed 2011-2013 mining (with a stretch the 2009 & 2010 mining too, ex Trust) and IP bullshit, it's up to Craig and Ira to figure out what to do next.
Done and ordered.
Boom. Bye Craig.”
“The Hilarious thing about Craig Wright is now he owes 500,000 Bitcoin that he doesn't have to someone.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.