Craig Wright’s Appeal To Dismiss Gets Denied by Florida Judge, Says There is No Credible Evidence
Controversial head of n-Chain who claims that he is the mythical founder of Bitcoin has multiple lawsuits lingering on him. Things continue to look dire for him as a florida court denied him motion challenging the court's jurisdiction over the $10 billion lawsuit filed against him by the estate of Dave Kleiman.
Judge Beth Bloom said Wright disappointed to record that the court required subject matter jurisdiction over the case. She led out various cases where the crypto entrepreneur made opposing statements about who were the owners of W&K Info Defense Research.
Dave Kleiman, claimed Wright stole hundreds of thousands of Bitcoin and intellectual property from when they worked together. Kleiman and Wright used to be business partners.
Notably, the case captivated many in the community. Wright’s prior efforts to establish he explained the computer software has been greeted with skepticism. The addresses recognized to Satoshi Nakamoto own about $10 billion of the coins. Bitcoin SV, an offshoot that Wright perseveres, has a market capitalization of about $2.4 billion, and its value could be changed by the conclusions in this case as well.
Bloom was so frustrated that at one point she pulled Scottish novelist Sir Walter Scott's quote that
“Oh! What a tangled web we weave when first we practice to deceive.”
“This is not the first time that the Defendant has made certain representations regarding the membership of W&K. Indeed, the Court notes that the Defendant has made several conflicting statements regarding even his own ownership of W&K.”