Kleiman v. Wright, 9:18-cv-80176
Since 2016, Craig Wright has claimed to be the creator of Bitcoin. The Kleiman estate says that Wright said Dave signed all these property rights away “in exchange for non-controlling share of a non-operational Australian company worth ‘millions.’” The plaintiffs accused Wright of document manipulation, fraud, and outright forgery.
Court Instructs Craig Wright to Distribute Billions to Plaintiffs Kleiman Family Awarded 50% of Craig Wright’s Supposed BTC Mined Prior to 2014 https://news.bitcoin.com/court-instructs-craig-wright-to-distribute-billions-to-plaintiffs/
CSW pays Kleiman’s legal fees.
On August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time for the ruling and they believe things are headed in the right direction. David Kleiman was Wright’s business partner for years and the family has accused Wright of manipulating Dave’s inheritance.At the date of filing on February 14, 2018, they said the value of Dave’s assets “far exceed $5,118,266,427.50 USD before punitive or treble damages.” The Kleiman estate and Dave’s brother Ira insisted “Craig perpetrated a scheme against Dave’s estate to seize Dave’s bitcoins and his rights to certain intellectual property associated with the Bitcoin technology.” Fast forward to August 26, 2019, as Florida Magistrate Judge Bruce Reinhart advised the court that the Kleiman estate should get half of the BTC Wright allegedly mined with Kleiman before 2014. Moreover, half the intellectual property owned by Wright before December 31, 2013 should also be handed over to the plaintiffs, Reinhart recommended. The Judge said “Dr. Wright did not impress me as someone telling the truth. All Craig’s testimonies have been rejected on this matter.”
#craigwrightisafraud “Dr.Wright is Dishonest. He is a Serial Forger!” It’s been said in a Federal Court.
@KatieAnanina @VelvelFreedman and @KyleWRoche
According to the Guardian, the Florida judge ordered Wright to pay half of the bitcoin he earned between 2009 and 2013, and half of the intellectual property he owned at the time of Kleiman’s death. The price of bitcoin is in constant flux but as of today, the real Satoshi Nakamoto’s holdings would be worth about 10.45 billion dollars. Meaning Wright has been ordered to hand over more than 5 billion dollars worth of cryptocurrency. But the court did not determine how much bitcoin Wright actually holds.
While the Australian claimed he would not sell $5 billion worth of BTC on the open market, which could lead to a crash, the source of the additional $2 billion remains unknown. The alternative, which he did not discount, would be for Ira Kleiman to pay in cash in return.
“Whoa! The estate tax is 40%. Unless Ira has $2 billion in cash, he will have to dump 2 million BTC to pay the taxes,” the interviewer exclaimed in the first exchange with Wright since the court order. https://cointelegraph.com/news/craig-wright-kleiman-estate-will-now-dump-2-billion-in-bitcoin