crypto

Craig Wright perjured himself; awards Kleiman Estate

Craig Wright perjured himself; awards Kleiman Estate

A hearing in the Kleiman v. Wright case reportedly concluded today with the U.S. District Court for the Southern District of Florida rejecting Craig S. Wright’s testimony and rewarding the Kleiman estate with 50% of the alleged 1.1 million bitcoins David Kleiman mined with Wright between 2009 and 2011, according to a court audience member.


The court also awarded Kleiman’s estate with the intellectual property associated with the Bitcoin software. The  sources who are familiar with the proceedings and were present in the Courtroom confirm that these general details are correct.
In 2018, David Kleiman’s estate sued Wright for over one million bitcoins and intellectual property related to the Bitcoin software.
According to the suit, Wright and Kleiman mined these million bitcoins between 2009 & 2011, which were said to be stored in a trust called the “Tulip Trust.”
Kleiman’s estate sued Wright for half of the fair market value of these coins, in addition to the rights to David Kleiman’s intellectual property.

Judge Bruce Reinhart found Ira Kleiman to be right in the so-called Faketoshi case, forcing Craig Wright to pay cryptohim half of the bitcoins (BTC) mined by Satoshi Nakamoto. 

It all started directly with Satoshi Nakamoto himself, whose identity is still unknown.

Satoshi disappeared completely in 2011, but in the meantime, he had mined 1.1 million BTC that he had put in the so-called “Tulip Trust“. This trust was managed by Satoshi Nakamoto, Dave Kleiman and Craig Wright. 

Dave Kleiman died in 2013, so once Satoshi disappeared and Kleiman died, Wright would have to recover the 1.1 million BTC mined by Satoshi. 

However, Dave Kleiman’s brother Ira sued Craig Wright for 50% of those bitcoins. Wright tried to defend himself by claiming to be actually Satoshi Nakamoto, the real owner of the BTC in the Tulip Trust, but the judge found him wrong. 

As a result, Wright will have to give Kleiman’s brother half of the Tulip Trust’s bitcoins, amounting to more than $5 billion. 

The confirmation came from an interview given by the same Craig Wright, also known as “Faketoshi” due to the fact that he attempted to pose as Satoshi. 

The judge of the United States District Court for the southern district of Florida has established that Satoshi Nakamoto is actually an association of three people, one of whom is missing and unknown, and the other deceased, but with heirs.

This means that half of the 1.1 million BTC mined are the property of Craig Wright and the other half of Ira Kleiman, the rightful heir of Dave. 

“The judge ordered me to send just under 500,000 BTC over to Ira”.

As a result, the two will share the bitcoins that have so far been kept in the Tulip Trust. 

Now the question is: once Ira Kleiman and Craig Wright have gained possession of that immense fortune in BTC, what will they do with it? If they decide to sell most of them, this could most likely have an impact on the price of bitcoin. 

Wright claims he won’t sell and says Kleiman should pay inheritance tax, which is 40% of the inherited amount, or about $2 billion. 

We have not seen the written order yet and will update this breaking story when we have further information.
CBNN

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.