Craig Wright Reportedly Must Give 50% of Mined Bitcoin to Kleiman Estate
Self-proclaimed Satoshi Nakamoto Craig Wright suffered a massive blow today when a judge recommended that he turn over 50% of the bitcoin he mined with his former business associate, deceased computer genius Dave Kleiman. The duo reportedly mined 1.1 million bitcoin from 2009 to 2011.
Florida federal judge Bruce Reinhart also ordered Wright give (to Kleiman’s estate) 50% of any intellectual property he had developed with Kleiman when the duo collaborated from 2008 until Kleiman’s death in 2013.
Wright confirmed the news himself in an interview, where he gloated that he’s still a bitcoin whale who owns more than $5 billion in bitcoin.
Judge: Craig Wright Committed perjury and falsified documents
Judge reportedly referred to Wright as Satoshi Nakamoto
That said, the judge apparently referred to Wright as “Satoshi Nakamoto” several times during the hearing and believed that he was involved in the creation of bitcoin.
Wright not fined or jailed despite alleged perjury
Despite Judge Reinhart’s alleged assessment that Wright had lied and perjured himself, he apparently decided not to fine Wright or throw him in jail.
That’s noteworthy because perjury is a third-degree felony in Florida punishable by up to five years in prison and a $5,000 fine.
While many on Crypto Twitter are wallowing in schadenfreude at this early defeat for Wright, keep in mind that the lawsuit is still ongoing.
The case is not over, only the contempt hearing. So we still haven’t gotten to the meat of the lawsuit.
A paperless entry of the proceedings was entered into the docket of the Kleiman v. Wright lawsuit but has not yet been made public.
CCN will post any updates as they become available. CCN is also awaiting comments from Craig Wright directly about today’s hearing.
CCN. She is a law school grad and an alum of the University of Pennsylvania. Email her at email@example.com or follow her on Twitter at Samantha_Chang.