US Judge Rules That Craig Wright Won’t Forfeit Bitcoin In Kleiman Case
Jack Martin's original article for cointelegraph.com reduced by 77%
A United States District Judge has ruled that a previous sanction ordering Craig Wright to give up half of his Bitcoins to the estate of Dave Kleiman will not stand. U.S. Magistrate Judge Bruce Reinhart's delivered the sanction ruling last August in the long-standing court battle over an alleged 1.1 million Bitcoins which were mined by Wright and Kleiman in partnership in the early days of Bitcoin, shortly after Wright claims he invented it.
As Cointelegraph reported, in August 2019, Reinhart ruled that Wright had perjured himself by presenting falsified documents, and recommended that he hand over 50% of the over 1 million Bitcoin he allegedly mined with Kleiman. Even if the court did accept the deemed facts, this discovery abuse would remain "Uncured," as the court still does not know how much Bitcoin Wright owns. Judge Bloom did conclude that Wright had not made a good faith effort to comply with discovery orders and should still pay the Kleiman estate's attorney fees.
Wright is not off the hook regarding the Bitcoin yet though. The judge ordered that Wright has until Feb. 3, 2019, to inform the court if a "Mysterious bonded courier" arrives with the final key slice so that he can access his Bitcoin holdings.
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