Bitcoin “Creator” Craig Wright Fails To Impress In Court

2019-6-29 15:00

Self-proclaimed Bitcoin ‘inventor’, Craig Wright, was giving a testimony yesterday to explain why he can’t produce the public addresses of the bitcoin he has mined. Fortunately, law reporter, Carolina Bolado, was there to tweet progress as it happened.

The Wright Side Of The Story

Wright was in court as defendant in the case brought by the estate of Dave Kleiman, over the alleged theft of 1 million bitcoin. The bitcoin in question was supposedly mined by Kleiman and Wright in the early years after Kleiman purportedly helped Wright to develop Bitcoin.

He had previously been ordered by the court to give a list of his owned bitcoin addresses.

When questioned by his own law team, Wright repeated his claim, that he “just can’t get this information,” and that it wouldn’t provide the plaintiff with anything relevant anyway.

Through tears, he said that he was ashamed of his ‘invention’, and bemoaned the fact that people had used it for criminal activity. Supposedly, he created the ‘anonymous’ digital currency, intending it to be the only crime-free money.

The Cross-Examination

During cross-examination, Wright was presented with a printout of a pdf of an email, which the prosecution claim was forged. Although the email is dated December 2012, and purports to be from Kleiman, the PGP signature was generated in March 2014. Kleiman had been dead for a year at this point.

Wright showed his disdain for the document by screwing it up and tossing it aside, much to the chagrin of the judge. He reprimanded Wright, saying, “You throw another document in my courtroom you will be in handcuffs so fast your head will spin.”

"You throw another document in my courtroom you will be in handcuffs so fast your head will spin" — Judge Reinhart

— Carolina Bolado (@CarolinaBolado) June 28, 2019

While Wright claimed that Kleiman’s counsel was trying to mislead the court, the email in question had been provided by his own legal team.

Craig Can Be ‘Wright’ Forgetful At Times

The topic of questioning then turned to the blind-trust in which Wright claims to have put his bitcoin.

Kleiman’s counsel put it to Wright that the beneficiary of a trust he supposedly created in 2012, was a company he didn’t buy until 2014. Wright responded that he didn’t recognise the documents, although the counsel claimed they were ‘produced by [Wright] in discovery’.

When asked who holds the 15 key slices, 8 of which are needed to access the bitcoin supposedly in trust, Wright replied that he ‘didn’t know off the top of his head’. Apparently, nobody asked him to check the file. Although he clearly knew that he had been requested to provide the public keys in court.

The judge took over questioning, and Wright claimed that he gave some keys to Kleiman. These were to be given to bonded couriers, and Wright said that some won’t be available until 2020.

The judge was again, less than impressed with only finding this out at this juncture:

So since 2016 you have known that you didn’t have access to these files and wouldn’t have access until 2020? And you knew this in February 2019, and March 2019?

There was no time to complete the proceedings, so parties will have to reconvene at a future date to hear testimonies from expert witnesses.

Do you make of the latest court proceedings against Craig Wright? Let us know your thoughts in the comment section below!

Images courtesy Shutterstock

The post Bitcoin “Creator” Craig Wright Fails To Impress In Court appeared first on Bitcoinist.com.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) íà Currencies.ru

$ 66858.08 (-0.18%)
Îáúåì 24H $16.888b
Èçìåíåèÿ 24h: 0.14 %, 7d: 9.79 %
Cåãîäíÿ L: $66858.08 - H: $67006.39
Êàïèòàëèçàöèÿ $1317.258b Rank 1
Öåíà â ÷àñ íîâîñòè $ 12018.07 (456.31%)

bitcoin wright craig court mined fails impress

bitcoin wright → Ðåçóëüòàòîâ: 126


Ôîòî:

Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys

According to a court filing on June 30, the Kleiman v. Wright case has postponed the jury trial until October 13 in the Miami Division courthouse. Meanwhile, a deposition stemming from Craig Wright’s wife, Ramona Watts, shows that she has little understanding of how Bitcoin works after being married to the self-proclaimed ‘cryptocurrency inventor’ for […] The post Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys appeared first on Bitcoin News.

2020-7-15 20:30


Ôîòî:

Over a Hundred 10-Year-Old Bitcoin Addresses Signed: Message Calls ‘Craig Wright a Fraud’ 

Not too long ago, news.Bitcoin.com reported on Craig Wright’s recently submitted bitcoin address list that contained at least three spent blocks. Following the court filing, on May 24 a pastezone dump of 144 addresses, some of which are also represented in Wright’s list, contained a verified message that notes “Craig Steven Wright is a liar […] The post Over a Hundred 10-Year-Old Bitcoin Addresses Signed: Message Calls ‘Craig Wright a Fraud’  appeared first on Bitcoin News.

2020-5-26 20:20


Craig Wright now claims Bitcoin is his intellectual property

Craig Wright claimed that Bitcoin is his intellectual property and that all of those that infringed on it (i. e. Bitcoin Core developers) are about to be legally prosecuted. The self-proclaimed Satoshi Nakamoto outlined other equally ridiculous ideas in his blog post, including that all nodes and miners in the Bitcoin network are his personal agents.

2020-2-19 22:00


Wright Buys More Time: But Does His Testimony Hurt Or Boost Bitcoin?

Imagine for a moment that Craig Wright truly is who he says he is; the inventor of Bitcoin. Imagine you are one of the few who, despite the evidence against his many rambling arguments, believe he truly is the creator of this revolutionary monetary system, now rejected by its creator because it has been used […] The post Wright Buys More Time: But Does His Testimony Hurt Or Boost Bitcoin? appeared first on Crypto Briefing.

2019-7-1 21:42


Ôîòî:

WATCH: Craig Wright briefly forgets he ‘invented’ Bitcoin

Craig Wright appears to have briefly forgotten that he wrote the Bitcoin white paper while speaking at a recent conference in Toronto. Wright, lead brain behind alternative cryptocurrency Bitcoin Satoshi Vision, caused controversy earlier this year after suing community members who refused to acknowledge that he created Bitcoin under the Satoshi Nakamoto pseudonym.

2019-6-14 17:12


Unconfirmed: US Copyright Office Claims Craig Wright Wrote Bitcoin Whitepaper, Bitcoin SV Explodes 100% in Minutes

BREAKING: Craig Wright, founder of Bitcoin SV (BSV), has purportedly been granted US copyright registrations for the original Bitcoin… The post Unconfirmed: US Copyright Office Claims Craig Wright Wrote Bitcoin Whitepaper, Bitcoin SV Explodes 100% in Minutes appeared first on Invest In Blockchain.

2019-5-21 17:35


This Latest ‘Who Created Bitcoin’ Theory is The Craziest One Yet

Bitcoin was the creation of a programmer and drug lord who wanted to launder money, and Craig Wright is trying to steal his private keys. Bitcoin Creator, Solotshi Nakamoto? That was the latest wild conclusion to emerge in the debate over who the ‘real’ inventor of Bitcoin is – the entity behind the Satoshi Nakamoto pseudonym – as Wright’s multibillion-dollar court case continues.

2019-5-14 01:00


‘Faketoshi’ Craig Wright Fails Bitcoin Block Calculations

Craig Wright, an Australian computer scientist and self-proclaimed creator of Bitcoin, took to Twitter Aug. 28 to state miners unable to mine 32 MB Bitcoin blocks deserve to “go bankrupt.” ‘Bitcoin Creator’ Speaks Out Needless to say, the broader cryptocurrency community was not amused with Wright’s comments, with some enthusiasts even highlighting that the “Faketoshi” […] The post ‘Faketoshi’ Craig Wright Fails Bitcoin Block Calculations appeared first on CryptoSlate.

2018-9-1 03:00