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Craig Wright emerges “victorious” in Kleiman case, must pay $100 million; but questions remain

December 7, 2021
Reading Time: 6 mins read
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The jury ordered Wright pay $100 million to W&K, but acquitted him of most of the charges. Questions remain about who gets the money, the company or the Kleimans.

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***

El civil suit Kleiman vs. Wright one of the most relevant cases within the digital currency currency is a medium of exchange that defines value. ecosystem, came to an end yesterday afternoon after the jury found in favour of Australian developer Craig Wright on all but one of the seven counts against him.

El caso buscaba probar si Wright era responsable o no de los cargos presentados por Ira Kleiman, hermano del difundo Dave Kleiman, quien le acusa de haber tomado posesión ilegalmente de la propiedad intelectual de su antiguo socio.

Wright, who claims to be the creator ofBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions., Satoshi Nakamoto, has been fighting since 2018 against claims that he stole several million dollars inBitcoin to his friend and longtime business partner Dave Kleiman, who passed away in 2013.

Kleiman’s estate asserted that Wright fraudulently attempted to take over the portion of bitcoins and Dave Kleiman’s intellectual property during an alleged business partnership between the two. One of those ventures included the alleged creation of Bitcoin.Los abogados de Wright aseguraron que él mismo es el autor del libro blanco de Bitcoin signed under the pseudonym Satoshi Nakamoto.

El demandante, Ira Kleiman, afirmó que su hermano tenía derecho a una fortuna de 1,1 millones de bitcoinsThe case is now valued at more than USD $50 billion. In total, during the case,Wright enfrentó approximately USD$ 189 billion in damages por cargos que iban desde fraude y robo hasta incumplimiento del deber fiduciario.

The verdict, a “victory” forWright

El jurado de la disputa legal llegó a un veredicto el lunes por la tarde y determinó que Wright did not have a business partnership with the late Kleiman. Los jurists exonerated Australian computer scientist of all charges except for conversion, making it liable to pay USD$100 million to the company founded by Kleiman, W&K Information Defense Research .

Wright considered the sentence as victorious and assured the news media that he was “very pleased” with the verdict. incredibly relieved “ . The amount imposed by the jury is much lower than the value of thebitcoins en disputa. También es inferior al valor total exigían los abogados de Kleiman, que incluía USD$ 126 mil millones por propiedad intelectual y USD$ 17 mil millones en daños punitivos.

“ I feel very happy and vindicated “, he said in the courtroom hallway after the verdict was announced, as quoted by CoinDesk . “ I’m not a fraud, and I never have been.“, agregó. Wright dijo a Bloomberg that he did not intend to appeal the verdict and was quoted as saying:

I have never felt so relieved in my life. The jury obviously found that I am [Satoshi], because otherwise there would have been no prize. Y yo soy.

Kleiman’s side also seemed pleased with the outcome of the case. Vel Freedman, a lawyer for the plaintiffs, toldCoinDesk that his team was happy with the verdict: “I’m very happy with the verdict.We just won USD$100 million!none

Satoshi’s identity was not in dispute.

It should be noted that, while the issue of whether or not Whether or not Wright is the identity behind Nakamoto was not in dispute, the lawsuit itself was based on the assumption that the Australian was wholly or partially responsible for the creation of the cryptocurrency.

Wright’s defense claimed that he createdBitcoin on his own and Kleiman’s side argued that it was a partnership between Wright and Dave Kleiman. During the case, Wright testified that he was friends with Dave Kleiman and that Kleiman helped him edit a white paper explaining the foundation of digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency, but insisted that the two were not business partners.

In short, the jury did not decide on Nakamoto’s identity but assumed this premise in order to prosecute the case.

Over the past few years, Wright’s claims about the invention ofBitcoin have been widely discredited and none of these claims were proven in court.

Bloomberg noted in this regard that “ si el veredicto del jurado hubiera ido en contra de Wright, eso lo habría obligado a producir la fortuna de Satoshi the smallest unit of bitcoin with a value of 0.00000001 BTC. “1.1 billion bitcoins . “ For some observers, that would have been the real test. “, added the media.

Who gets the $100 million?

Despite the apparent successful resolution of the case, some observers have raised questions about the recipient of the $100 million the jury has ordered Wright to pay.

As reported byThe Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain., Ira Kleiman sued Wright using the W&K signature The Committee is not clear whether Kleiman’s heirs were authorized to do so. Lynn Wright, Wright’s ex-wife, claims she owns a majority of W&K stock and that any lawsuit filed on behalf of the company was unauthorized.

In another case, the Australian’s ex-wife asked the Court to determine the ownership of W&K and to declare the demand for Kleiman vs. Wright como unauthorized use of the business. A judge ordered suspender the case until the conclusion of Kleiman v. Wright. That decision could have important implications for the ultimate recipient of the $100 million.

De hecho, sobre el veredicto, el propio Wright le dijo a CoinDesk que significaba que ahora le debe más dinero a su ex esposa. Meanwhile, some users on Twitter also pointed out the fact that the Wrights were majority owners of the company W&K.

OOPS looks like $100m will go to company owned 75% by Wright ???? pic.twitter.com/yI1aR8IF7I

– Diego @52577 (@InvestWithDiego) December 7, 2021

According to The Block, Kleiman’s estate will not be able to access the $100 million going to W&K without an additional legal battle; and n It will take a court to determine that you have an interest in W&K.


  • Small Victory for Craig Wright: Court Orders Bitcoin.org to Remove Bitcoin White Paper from its Website
  • Craig Wright takes legal action against Bitcoin, Bitcoin Cash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. and Bitcoin SV developers
  • Mt. Gox victim sues Craig Wright over alleged links to 2011 hacking hacking is the process of using a computer to manipulate another computer or computer system in an unauthorized fashion.

Sources: CoinDesk ,The Block,CryptoNews, archivo

Article by Hannah Estefania Perez /DiarioBitcoin

Imagen de Unsplash

Tags: bitcoinCasojuradoKleimanLegalsatoshiveredictoWright
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