Fun

Kleiman Estate Asks Judge to Overrule Craig Wright’s Objections

News Feed - 2019-12-18 01:12:22

Kleiman Estate Asks Judge to Overrule Craig Wright"s Objections


On December 16, new court filings from the Kleiman v. Wright case show the plaintiffs have responded to Wright’s objections against the magistrate’s court order. Kleiman’s lawyer Velvel Freedman explained that Craig’s statements in court “lacked credibility,” his constant change of stories “demonstrates falsity” and Freedman claims Wright’s “trust documents are forgeries.”


Also read: Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report Wright’s Conduct Antithetical to the Administration of Justice, Says Kleiman Attorney


Since Valentine’s Day 2018, the self-proclaimed Bitcoin inventor Craig Wright has been defending himself in court against the Kleiman family. The lawsuit started because the Kleiman estate believes Wright manipulated the now deceased David Kleiman’s bitcoin assets and intellectual property. The lawsuit has been one of the most high profile cases in the U.S. because it involves billions of dollars in BTC that was ostensibly stored in a blind trust.



After months of discovery hearings, objections, and court orders, the Kleiman estate filed a new motion against Wright’s objection towards Judge Reinhart’s recent court order. On August 26, Wright was ordered by Southern District Court of Florida to distribute half of his bitcoin holdings and intellectual property assets from prior to 2014. At first, Wright and his legal team came to a non-binding settlement, but the deal eventually fell through. After the settlement was broken, Wright attempted to object to Judge Reinhart’s order, claiming a lack of jurisdiction. In the filing on submitted on Tuesday, Velvel Freedman noted that Wright believes he’s been treated unfairly, but Freedman stressed that Wright’s issues in court stem from “his own conduct.”



“Craig is not the victim here. On the contrary, as Judge Reinhart found, Craig’s conduct in this litigation has been ‘antithetical to the administration of justice’ and ‘no lesser sanction would suffice,’” Freedman wrote. Freedman asserted that the record supports Judge Reinhart’s findings and remedy entirely while the order is “absolutely justified given the gravity of Craig’s offenses.” Kleiman’s lawyer added: Indeed, Craig’s Objection to the order, far from calling into question its correctness, demonstrates that he is recalcitrant, and – given the opportunity – would engage in the same conduct that led to the order in the first place. In fact, mere hours after Judge Reinhart read the order into the record, Craig walked out of court and into an interview where he admitted that he lied to the court. The next day he gave an interview calling Judge Reinhart a ‘silly judge.’ Kleiman’s lawyer Velvel Freedman noted that after the court order, Wright did an interview with Modern Consensus columnist Brendan Sullivan. Exhibit 3 filed on December 16, 2019. A Fanciful and Self-Conflicting Story


Freedman then said that the plaintiffs attempted to use the discovery process to identify the bitcoin mined as part of the partnership between Wright and Kleiman. Wright, of course, objected and the objection was subsequently overruled by Judge Reinhart. On June 11, 2019, Craig told the court for the first time that providing plaintiffs with a list of his bitcoin holdings was “impossible” because he did not possess the information necessary to access it. Reinhart then gave Wright the opportunity to explain why he couldn’t access the funds. “To carry that burden, Craig told (under oath) a fanciful story about a mysterious ‘encrypted file’ held in a trust — Not only did this story conflict with his previous sworn testimony and his motion papers, as explained below, the story itself was self-conflicting,” the plaintiffs’ filing revealed. “In support of his story, Craig put forward documents which he swore were ‘authentic’ to prove that the ‘encrypted file’ and the trust exist. Plaintiffs exposed these documents as forgeries.” Freedman’s filing continued: Instead of being ashamed, or trying to hide behind some procedural or legal technicality, Craig brazenly opened his objection to Judge Reinhart’s order by asserting that ‘there is absolutely no basis for imposing any sanctions’ on him because ‘the uncontroverted evidence shows that he is unable to access a listing of’ his bitcoin. The only thing ‘uncontroverted’ about Craig is that he’s a perjurer and a forger. Craig’s claim that his ‘testimony stands unrebutted by plaintiffs’ is simply blind to reality. Excerpt from Exhibit 3 filed on December 16, 2019.


The motion against Wright’s recent objection highlights the time when Wright was confronted with evidence indicating that certain documents had been fabricated or altered and he “became extremely defensive.” Wright tried to “sidestep questioning” and made “vague comments about his systems being hacked and others having access to his computers.” None of these excuses have been corroborated by other evidence, Freedman’s filing insisted. Moreover, the Kleiman attorney also noted that Wright vehemently claimed “there are no public addresses in the Bitcoin system” and further stated that “public addresses don’t exist.” Freedman says that this absurdity is akin to saying: How do unicorns relate to this Court? The Plaintiffs Assert That Wright’s Objections Should Be Overruled in Their Entirety


Following 29 pages of arguments, Freedman concluded that the court is faced with a man who “has no respect for the authority of the court, or for the fair administration of justice.” The plaintiffs wholeheartedly believe Wright has lied throughout the entire lawsuit and is now attempting to hide behind a “blanket of due process.” Freedman concluded by underlining that Judge Reinhart gave Wright the opportunity to show that his admitted violation of the court’s order was due to the impossibility of compliance.


“Craig was sanctioned harshly, but fairly — Craig’s objections should be overruled in their entirety,” Freedman added. According to the court docket, a discovery hearing conference will be held on December 18 in West Palm Beach court. Lawsuit participants are allowed to attend the discovery via telephone by using the court’s conference call system.


What do you think about Kleiman’s latest filing against Wright’s objection? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Bitcoin.com, Twitter, Wiki Commons, Fair Use, and Pixabay.


Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Simply complete a Bitcoin address search to view it on the blockchain. Plus, visit our Bitcoin Charts to see what’s happening in the industry. Share this story: Tags in this story 1.1 Million BTC, billions, Bitcoin, Bonded Courier, BTC, Craig Wright, David Kleiman, Encrypted Files, Forgeries, Ira Kleiman, Judge Reinhart, Kleiman Estate, Lawsuit, lies, manipulation, Southern District Court of Florida, Tulip Trust, Velvel Freedman Related Fidelity Launching Crypto Services in Europe, Citing "Significant Interest" NEWS | Kevin Helms


Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds… read more. Plustoken Cash-Outs Could Be Behind BTC Price Drop, Says Report NEWS | Jamie Redman


On Monday, the blockchain surveillance company Chainalysis published an excerpt from the firm’s upcoming crime report that will publish in… read more. Jamie Redman


Jamie Redman is a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code, and decentralized applications. Redman has written thousands of articles for news.Bitcoin.com about the disruptive protocols emerging today. Please enable JavaScript to view the comments powered by Disqus.

News Feed

EasyA announces 1 million devs in ecosystem
Vince Quill1 hour agoEasyA announces 1 million devs in ecosystemThe Web3 educational platform also announced a Polkadot education initiative to help onboard new developers to the blockchain network.153 Total viewsListen
Geopoly Launches Alpha Version Of Blockchain-Based Game
Geopoly Launches Alpha Version Of Blockchain-Based Game press release PRESS RELEASE.Geopoly has announced the launch of a blockchain-based alpha version of the game, which will be p
Report: South African Digital-Only Bank Launches Crypto Payments Gateway
Report: South African Digital-Only Bank Launches Crypto Payments Gateway A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedl
Solana’s Dogwifhat Meme Coin Flashes Buy Signal At $2.5, Is It Time To Jump In?
Este artículo también está disponible en español. According to a technical indicator, Solana-based meme coinDogwifhat is gearing up for an upside move. Top analyst Ali Ma
Assetera launches secondary tokenized RWA market on Polygon
Derek Andersen11 hours agoAssetera launches secondary tokenized RWA market on PolygonAssetera will provide Europe"s first regulated secondary tokenized real-world asset marketplace.1262 Total views1 Total sharesListen to
Tokyo Police Arrest 2 Men for Buying Cryptocurrency Tied to $530M Coincheck Hack
Tokyo Police Arrest 2 Men for Buying Cryptocurrency Tied to $530M Coincheck Hack Tokyo police arrested two individuals on Wednesday for acquiring stolen NEM from the 2018 Coinche
Airbnb Looking to Support Crypto While Focusing on Free Housing for 100,000 Ukrainian Refugees
Airbnb Looking to Support Crypto While Focusing on Free Housing for 100,000 Ukrainian Refugees Airbnb confirms that it is looking to support cryptocurrency. The company has also of
How to buy and sell Bitcoin options
Marcel Deer1 hour agoHow to buy and sell Bitcoin optionsDiscover how to speculate on Bitcoin’s price movements without owning the asset itself via Bitcoin options.454 Total views9 Total sharesListen to article 0:00How
Bitcoin Dominance Shows Bearish Divergence – Altseason Could Be Near
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
JPMorgan Boss Jamie Dimon: ‘If You Borrow Money to Buy Bitcoin, You’re a Fool’
JPMorgan Boss Jamie Dimon: "If You Borrow Money to Buy Bitcoin, You’re a Fool" Jamie Dimon, the CEO of one of the biggest financial institutions of the world, JPMorgan, has once
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
Bitcoin"s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2 The mining difficulty tied to the Bitcoin network increased for the first tim
Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam
Mercado Libre to Expand Cryptocurrency Services to More Countries in Latam Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocur