The Kleiman v Wright court case, currently being fought in the Southern District Court of Florida can be said to be ground zero for a controversy that has been going for years in the cryptocurrency industry. Craig Wright has claimed to be Satoshi Nakamoto, the creator of Bitcoin. Many in the cryptocurrency industry jeeringly refer to him as Faketoshi.
The latest from the court proceedings is that the lawyers for Dave Kleiman have completely obliterated a motion to dismiss that was filed by the Craig Wright attorneys. They used evidence that was helpfully supplied by a Reddit user that showed that the email was dated from 2014 and not 2012. that matters because… it shows the email was sent a year after Kleiman had died as opposed to while he was still alive.
The user, whose Reddit username is u/Contrarian posted the evidence breaking proof on the r/Cryptocurrency subreddit. The Kleiman counsel has jumped on this news to say that Wright has been lying at every turn, and this latest motion to dismiss was no different. They are using his mounting series of lies to prove that he did, in fact, have ties to W&K, the company at the center of this controversy.
11 Billion On The Line
The estate of Kleiman, an early cryptocurrency visionary and believed by many to be Satoshi Nakamoto, is suing Craig Wright alleging that he defrauded Kleiman out of 1.1 million Bitcoin. Today's market prices would put that much Bitcoin in the double-digit billions.
The Kleiman estate alleges that the two created a company called W&K Info Defense Research LLC in early 2011, following which Craig Wright defrauded his business partner of the alleged funds. Wright has unsuccessfully tried to dismiss the lawsuit many times, but this latest time he has been caught not only in a lie but in fraud and forgery as well.
This could be the straw that breaks the camel's back and finally sets up a collision that has an 11 billion US Dollar prize at the end of it. It is no surprise that Wright's attorney could not be reached for comment by anyone for the time being.
This might finally be what sets the court case going, and either exonerates Wright in full or damns him even more.
FBI Tech Specialist Called Into Court To Prove Fake Email
While it was nice that the Reddit user managed to figure out that the email was fake the courts need something more tangible. The counsel for the Kleiman estate called in Dr. Matthew J. Edman who is a computer scientist that specializes in cryptography, Bitcoin and PGP software. He confirmed the PGP signing was from March 12, 2014, and not from the earlier time that Craig Wright had claimed.
This was used as one of 11 exhibits of Craig Wright trying to manipulate evidence. They will be looking to depose Wright again following the revelations, as well as his former and current wives.
While this court case is a private matter, its repercussions could be huge for the crypto landscape at large. One of the greatest mysteries surrounding Bitcoin is who the founder really is. It is one of the biggest reasons for Bitcoin's popularity as it has fueled interest even in those people who are not particularly interested in the technical side of Bitcoin.
If this court case could definitively prove who Satoshi Nakamoto is, then that mystery would be solved but it would also mean one other thing. That no one can evade capture for any length of time. Satoshi is still proof that you can be completely anonymous on the blockchain and he or she is the reason why so much trust has been put into the anonymity of blockchain technology.
Should this mystery be solved, that the anonymity factor will take a decidedly large hit? It might turn many people off who otherwise thought that Bitcoin was a safe refuge. Then again, with Bitcoin being as entrenched as it is today, none of what happens in this court case might matter.
There are many in the industry who think that nothing can stop Bitcoin now that it has gotten a foothold in the minds of the average person. Everyone knows about Bitcoin, so it can't be stopped as easily as it might have been just a few short years ago.
Whatever happens, the eyes of the crypto world are on this court case and everyone s waiting patiently for it end so that the dust settles… and once it does the repercussions will be known for good or for ill.