Craig Wright Court Case Continues as Questions of ‘National Security Concerns’ Go Unanswered

Craig Wright, nChain’s Chief Scientist and the person behind Bitcoin SV (BSV), is again in the news due to a recent lawsuit that was filed against him and worth billions of dollar. Ira Kleiman decided to sue Mr. Wright on behalf of his brother, Dave Kleiman, claiming that Wright manipulated and defrauded him.

The lawsuit explains that Dave Kleiman died in 2013 and Wright stole his Bitcoins. Wright’s attorney explains that Kleiman didn’t hold the intellectual property rights to Bitcoin or the Bitcoin protocol. Some people believe that Kleiman could have been Satoshi Nakamoto.

It is worth mentioning that Craig Wright and David Kleiman worked together at W&K Info Defense Research LLC. When David died in 2013, Craig “unlawfully and without permission took control of the Bitcoins from the Estate and from W&K.” These funds could have been from the company or simply from Mr. Kleiman.

Although the number of BTC involved has not been unveiled, the document shows that the estate is entitled to at least 300,00 BTC. As there were different hard forks in the last years, the forked assets are also in dispute.

A few days ago, on April 4, 2019, Craig Wright's deposition was conducted in the United Kingdon, in the city of London. There, both parties contacted the Court by telephone in order to resolve some of the issues that arose during the deposition.

The Court’s orders show that there were five rulings, one of them reads as follows:

“Dr. Wright declined to answer certain questions based on alleged national security concerns. The Court deferred ruling on this issue to allow the parties to brief the issue, including providing evidence that the United States Government joins in the national security objection.”

He has also denied the number of Bitcoins that they have mined between 2009 and 2010. He has also did not mention whether David knew about the Bitcoins mined or not.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Carl T
Carl T
Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,486FansLike
2,795FollowersFollow
4,268FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Bitcoin Giving Strong Bullish Signals, Markets to Roar Higher into Next Year

Today, Bitcoin is on the move, aiming for $11,000, currently trading around $10,915. Adding to this bullishness is all the dry powder. $20 billion worth...

Bitcoin Re-Entering the ‘Intense Historical Trading' Area Following a Strong Uptrend

Bitcoin is back at near $11,000. The leading digital currency has been making its way upwards since the mid of last week. Today, to mark...

Alameda Research and Three Arrows Capital Outdoing Each Other to Mint Record WBTC

On Friday, FTX CEO Sam Bankman-Fried’s Almeda Research minted the biggest wrapped Bitcoin (WBTC) ever, as per WBTC Network. 2317 BTC was minted on Sept....

“Nothing Compares to My Bitcoin Bet,” Says Social Capital CEO Chamath Palihapitiya

Bitcoin was the best performing asset of the last decade, and in 2020, it remains a winner again. Compared to the S&P 500 hitting a...

The XRP Ledger Foundation Launches To Accelerate XRPL Adoption And Development

The XRP Ledger Foundation, a non-profit, announced its official launch on September 24. The Ledger Foundation would be responsible for supporting the development as...

Bitcoin Trading Like a ‘High Beta' But Social Sentiment Remains Subdued

After a somber start of the week, Bitcoin is all set to end it on a higher note. In the late hours of Thursday, the...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today