Judge Rejects Craig Wright’s Testimony In Kleiman Case; He Must Forfeit Over Half A Million Bitcoins

We have bought you the story of the ongoing lawsuit between David Kleiman and Craig Wright.

Kleiman was a computer forensics expert, an author or co-author of multiple books and a frequent speaker at security-related events. Craig Steven Wright claims Kleiman was involved in the invention of Bitcoin, and that Wright himself is Satoshi Nakamoto.

In February 2018, Dave Kleiman's brother Ira, originated a lawsuit in the U.S. District Court for the Southern District of Florida on behalf of the Kleiman estate against Wright over the rights to between 550,000 and 1,100,000 bitcoins, claiming Wright defrauded the estate of bitcoins and intellectual property rights. The estate alleged that Kleiman was one of the early bitcoin pioneers and worked with Craig Steven Wright on its establishment as a cryptocurrency.

Now there is a development in the case where Magistrate Judge Bruce Reinhart has recommended that Wright must give 50% of his mined BTC to the Kleiman estate.

The pro-Bitcoin SV Twitter account and pro-Craig Wright account said that the judge has found Wright to be guilty of perjury and falsifying documents. He even claimed that the judge had referred to Wright as “Satoshi Nakamoto” several times during the hearing and apparently believed that he was somehow involved in the creation of bitcoin.

When you can see Craig Wright’s fans speaking out against him, it is obvious that his skeptics' voices are louder.

The story is still developing and we will get you the latest development as soon as the official verdict is out.

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