Craig Wright Might Soon be Legally Recognized as the Real Satoshi Nakamoto Due to Kleiman Case
- Self-proclaimed Bitcoin inventor, Craig Wright has been accused of illegally obtaining and holding over 1 million bitcoins.
- However, there seems to insufficient evidence regarding whether Wright engaged in fraudulent activities.
Legal Battle Between Wright and Kleiman Estate
Dr. Craig Wright is very popular for being the creator of Bitcoin SV (BSV), the eighth largest cryptocurrency with a market cap of about $3.4 billion at the time of writing. But apart from that, Wright is popular for being very controversial about his assertion that he is the real Satoshi Nakamoto, creator of Bitcoin (BTC).
Wright has been known to be embroiled in a few litigious proceedings, some of which are targeted at people who refute is claim as Satoshi.
There has also been a legal tussle between Wright and the Kleiman estate initiated by Ira Kleiman. Ira, who is the brother of Dave Kleiman, a deceased business partner and friend of Wright, claimed that Wright illegally held on to more than 1.1 million Bitcoins which is more than $10 billion and sued him for said figure.
However, in a surprising turn of events, it would seem that the case just might be bending in Wright’s favour.
Kleiman’s Case is Insufficient
According to an official filing initiated by Dr. Wright’s Lawyers, Ira Kleiman doesn’t have much going for him as far as the case is concerned and there might be little to no evidence that Wright actually did illegally obtain 1.1 Bitcoin from Dave.
An excerpt from the filing reads that:
“…plaintiffs’ case is insufficient for the defense to evaluate plaintiffs’ claims and therefore impossible to create any settlement authority. The defendant cannot now make sense of the claims against him by Dave Kleiman’s estranged brother cum representative of the estate. Defendant has yet to receive any meaningful discovery from plaintiffs that supports the allegation made against Dr. Wright of the alleged “theft” of Bitcoin and intellectual property from his good friend Dave Kleiman”.
The case is expected to go to mediation on June 18 but according to the filing, the main witnesses in this case entirely oppose claims made my Kleiman. The part of the filing that mentions this reads:
“Mediation is further hindered by the fact that the key witnesses with knowledge of the alleged facts of this case do not substantiate (and, in fact, totally contradict) plaintiffs’ claims. These witnesses include Dave’s closest friends and work colleagues.”
Based on the filings, we can surmise that the process of discovery as is required by the American legal structure didn’t go too well as Ira Kleiman had little to nothing to support his claim.
It should be expected that if you have evidence to support a claim enough for you to pursue it legally, then you really should have something to show in court. This view was explained by Richard Shultz who expressed that:
“If one had evidence against the person they are pursuing in a legal setting, what reason would there be to hide it from the initial discovery? Why not make the information freely available and immediately? Is the goal not to win the case? The only determination that could be made in lieu more information being exposed by the hand of the court is that there simply is not any other evidence to present. If mediation is not postponed and no further evidence is presented by court order, June 18, 2019 is shaping up to be vindication for Dr. Craig Wright.”
Could Craig Wright Really be Satoshi?
At the moment, everyone who has been following the case for a while is waiting to see how the mediation would go on the 18th of June.
If at the end of the hearing, the judge rules in Wright’s favour against Ira Kleiman, it would not only throw Ira’s case away but would also officially rule Wright as the legal owner of all the funds which also inadvertently mean that Wright, legally, is Satoshi Nakamoto.
It’s important to note that at the moment, of all the Bitcoin projects available in the market, Bitcoin Satoshi Vision (BSV) is the only one that adheres strictly to the original whitepaper put forward by Satoshi Nakamoto.