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>> No.16401015 [View]
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16401015

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 case, has fined him, threatened to jail him twice, and flat-out called him a liar.

The judge also ordered him to give Kleiman’s brother the half million bitcoin, but Wright’s appealing that, too.

Wright said the real culprit is not his answers or behavior in court, but the judge’s inability to understand Bitcoin, or his extraordinary life as—he claims—Nakamoto.

That failure of imagination caused Reinhart to come to the wrong conclusions about his testimony, he argued. This argument is before the Judge Beth Bloom of the Southern District of Florida, who is overseeing the case. And has also called Wright a liar.

While his claim to the Nakamoto mantle is widely derided in the cryptocurrency community, the lawsuit is based on it being true. If he’s not Nakamoto, he’ll never have access to that stack of bitcoin worth, a press time prices, about $7.2 billion.

If that’s the case, Ira Kleiman will be more upset than the judge. But not by a whole lot, as judges do not like having their time wasted. Fortunately for Wright he’s already given a number of explanations—a number of them conflicting—as to why he may never be able to access the encrypted Tulip Trust that is thought to contain the king’s ransom in bitcoin.

Maybe Judge Bloom will actually believe them.

>> No.16263121 [View]
File: 296 KB, 960x952, 1_NdBxAtEoGVUjuqvTZ468GA__1_.png [View same] [iqdb] [saucenao] [google]
16263121

>>16262896
maybe.
but why hasnt it happened?

>> No.16226504 [View]
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16226504

>> No.16209948 [View]
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16209948

Who knew the most about Bitcoin?
Who has invested in Bitcoin the longest?
pic related.

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