"Satoshi" Craig White is being sued for 10 Billion - Why?

in #craig6 years ago

Craig Wright, the nChain chief scientist who previously claimed to be the pseudonymous bitcoin creator Satoshi Nakamoto, is being sued for a whopping $10 billion.

The lawsuit is being brought by Ira Kleiman on behalf of the estate of his brother, Dave, who has been linked to the earliest days of bitcoin. Kleiman, a forensic computer investigator and author, passed away in 2013 following a battle with MRSA.

Kleiman's role in the development of bitcoin came to light amid the controversy from late 2015, when Wright - an Australian businessman and academic - was identified by Gizmodo and Wired as the possible identity behind Nakamoto, who departed the project in 2010.

The bitcoin community responded mostly with skepticism regarding the claims, with some alleging that the proof offered by Wright was bogus. Wright later said that he would offer no additional proof to back the claim, and in the years since he has worked as the chief scientist for startup nChain and aligned with Bitcoin Cash, the breakaway cryptocurrency that launched last summer.

At the heart of the new lawsuit, according to a complaint filed in the U.S. District Court for the Southern District of Florida on Feb. 14, is an alleged hoard of more than 1.1 million bitcoins, which Ira Kleiman's lawyers say is worth in excess of $10 billion. He is being represented by Boies Schiller Flexner LLP, a well-known law firm that has been involved in high-profile court cases like Bush v. Gore, which followed the 2000 presidential election.

Wright, court records show, has been accused of allegedly conducting "a scheme against Dave's estate to seize Dave's bitcoins and his rights to certain intellectual property associated with the Bitcoin technology."

"As part of this plan, Craig forged a series of contracts that purported to transfer Dave's assets to Craig and/or companies controlled by him. Craig backdated these contracts and forged Dave's signature on them," attorneys for the plaintiff wrote.

Included alongside the complaint are a number of additional filings, including the business registration for a firm called W&K Info Defense Research LLC, in which Kleiman and Wright were business partners.

In addition to the roughly 1.1 million bitcoins, Ira Kleiman is also seeking compensation for the intellectual property his lawyers claim arose from the partnership between his deceased brother and Wright.

"...Plaintiff demands judgment against Defendant for the value of the wrongfully retained Bitcoin and IP, together with court costs, interest, and any other relief this Court deems just and proper," the complaint states.

Wright issued a one-word comment on Twitter when asked about the lawsuit.

Article from CoinDesk.com

Sort:  

Congratulations @nolmar, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.


Thumbs up for Steem Network´s strategy

The proven road to boost your personal success in this amazing Steem Network

Do you already know that awesome content will get great profits by following these simple steps, that have been worked out by experts?

Congratulations @nolmar, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.


Thumbs up for Steem Network´s strategy

The proven road to boost your personal success in this amazing Steem Network

Do you already know that awesome content will get great profits by following these simple steps, that have been worked out by experts?

Congratulations @nolmar! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

You published your First Post
You got a First Vote

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

Upvote this notification to help all Steemit users. Learn why here!

Cool! I follow you.

Congratulations @nolmar! You received a personal award!

1 Year on Steemit

Click here to view your Board of Honor

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @nolmar! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.032
BTC 63754.85
ETH 3055.95
USDT 1.00
SBD 3.85