Craig Wright Claims Producing Bitcoin Holding Records Would Be Burdensome, WizSec Examines Blockchain Records
Craig Wright, the self-proclaimed Satoshi Nakamoto, seems to have growing legal troubles. At the moment, Wright is in a court battle against the estate of Dave Kleiman.
In a previous order by the court, Wright had to provide transactional records related to the Bitcoin (BTC) he owned back in December 2013. Nonetheless, it seems that Wright is having some issues with it.
Wright Presents List Of BTC Addresses
According to the Bitcoin security specialists Wizsec, the addresses presented by Changpeng Zhao are just a copy-paste from the blockchain without cryptographic signatures to support the claims of ownership.
The current lawsuit is accusing Wright of fraud and stealing $11 billion worth of Bitcoin and also intellectual property from the state of Dave Kleiman after he died back in 2013. The legal council of Mr. Wright explained:
“Dr. Wright knows that he mined the first 70 blocks on the blockchain. Because the public addresses associated with blocks are publicly available, Dr. Wright is able to identify the public addresses associated with the first 70 blocks on the blockchain and provides those public addresses below.”
Wizsec mentions that the motion shows that Wright acts as if he would not know how digital assets work. The researchers say that he maybe he thinks that being a Bitcoin miner means to say that an address is his without giving more information about that.
The researchers went on explaining that it is absurd for the motion filing to suggest that the way people store and manage Bitcoin keys is to memorize them. Moreover, the Bitcoin Cash (BCH) developer Mark Lunderberg, said that Wright’s filing of addresses includes the Bitcoin block number 64. According to the developer, this block was not mined using the same software as Satoshi’s blocks.
The attorney of Craig Wright states that he transferred the ownership of all his Bitcoins to a blind trust in 2011. At the same time, they explain that Wright is not a trustee or a beneficiary of the blind trust.