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Miami Bitcoin Trial: Defendant Wins Dispute over $50B in Bitcoin

apnews.com

20 points by moonlighter 4 years ago · 17 comments

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louloulou 4 years ago

Craig Steven Wright is a liar and a fraud. It is only due to the fact that our society is so scientifically and technologically illiterate that he is still on anyone's radar in 2021.

Here are a bunch of signed messages to that affect - signed with keys he claimed to control in court:

https://craigwrightisnotsatoshi.com/

Feel free to verify the signatures. This is stronger evidence than Faketoshi has ever provided.

  • GBiT 4 years ago

    >Feel free to verify the signatures. This is stronger evidence than Faketoshi has ever provided.

    Basically what you say is that if someone have keys from your car, its better proof that he owns your car, than legal documents ir court shows.

    • louloulou 4 years ago

      You don't receive legal documents when you mine bitcoin. You receive bitcoin locked to an address to which you presumably have the key. Good luck convincing everyone that it's your bitcoin when someone else can prove they have the key and you cannot.

  • smarx007 4 years ago

    How does one go about verifying the signatures on that website?

ckastner 4 years ago

This is hilarious. So Craig Wright, in his continuing claim to be Satoshi Nakamoto (yet still refusing to prove it trivially), has -- naturally -- also claimed to own all of the Bitcoin that only Satoshi Nakamoto could have mined.

Somebody claimed half of that and lost. But $100m worth of intellectual property rights were awarded to some venture, meaning that Wright might owe someone a great deal of money now.

Well, according to the article, "Wright said he would prove his ownership if he were to win at trial", so I guess that will be finally settled soon.

  • GBiT 4 years ago

    $100 m was awarded to "W&K Info Defense" and its interesting, that 75% stocks owns he and his ex-Wife. Only 25% was Dave Kleiman and whose are disputed in separate lawsuit. So basically Craig Wright have to pay to himself.

  • tinus_hn 4 years ago

    So what is the basis used by the other party to claim half of the coins? And what’s the reason it wasn’t awarded?

lawn 4 years ago

Craig Wright is one of the biggest charlatans in the crypto world, and that says something.

  • mrkramer 4 years ago

    I don't know how he would be able to fool US legal system which is one of the best in the world if not the best.

    • dd444fgdfg 4 years ago

      that's... delusional at best. The US legal system is massively corrupt, racist, an ill-informed on technology. And this is a very generous view of it.

jazzyjackson 4 years ago

> The case tried in federal court in Miami was highly technical, with the jury listening to explanations of the intricate workings of cryptocurrencies as well as the murky origins of how Bitcoin came to be.

Where would one go to read the court proceedings? I’d like to know how this was all laid out to the jury.

  • DarylZero 4 years ago

    Every court has a clerk's office that handles the records. You generally have to go in person. For court transcripts, you may have to pay to have them made (they may record the proceedings and make the transcript on demand).

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