RATE Group | US Judge Gives Craig Wright Until Feb. 3 to Access 1.1M Bitcoin at Heart of Ongoing Laws…
75638
post-template-default,single,single-post,postid-75638,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

US Judge Gives Craig Wright Until Feb. 3 to Access 1.1M Bitcoin at Heart of Ongoing Laws…

US Judge Gives Craig Wright Until Feb. 3 to Access 1.1M Bitcoin at Heart of Ongoing Laws…

[ad_1]

Craig S. Wright, one of crypto’s most litigious engineers, struck a minor victory in court last Friday. 

United States District Judge Beth Bloom said facts previously established in the trial were now in dispute, according to a court document filed Jan. 10 to the District Court of Southern Florida.

This is the latest turn in an ongoing trial brought by Ira Kleiman, brother to Wright’s deceased business partner David Kleiman. Kleiman is suing for half of an $8.87 billion fortune (1.1 million bitcoin), said to be encrypted in a “Tulip Trust.” 

Concluding a summer-long sanctions and contempt hearing, District Magistrate Bruce Reinhart found the nChain chief scientist in contempt of court for failing to produce a full list of his bitcoin holdings acquired before Dec. 31, 2013. 

Reinhart awarded Kleiman $650,000 in legal expenses, and deemed it a fact that the plaintiff retains a 50/50 ownership in Wright’s assets and intellectual property, developed jointly with David Kleiman….

[ad_2]

Source link