Fun

Jury Trial Scheduled for Billion Dollar Bitcoin Lawsuit Against Craig Wright

News Feed - 2020-05-11 10:05:40

Jury Trial Scheduled for Billion Dollar Bitcoin Lawsuit Against Craig Wright


Florida’s Southern District Court has been dealing with the Kleiman v. Wright case for well over two years and now the lawsuit is finally going to trial. A jury trial is set for July 6, 2020, in the Miami Division courthouse before Judge Beth Bloom. Meanwhile, Craig Wright, the self-proclaimed Satoshi Nakamoto, filed a motion on May 8, asking the court to once again toss out the lawsuit.Judge Beth Bloom Schedules a Jury Trial for the Kleiman v. Wright Lawsuit


While the world is dealing with the fragile economy stemming from the government-induced lockdowns, the infamous Kleiman v. Wright lawsuit continues. The Kleiman estate is suing Craig Wright over an alleged stash of 1 million BTC and intellectual property (IP) as well. The plaintiffs accuse the defendant of manipulating his former business partner Dave Kleiman’s bitcoin inheritance and IP. The lawsuit’s preliminaries and discovery period dragged on for months on end, with all kinds of mystery in between. Finally, Judge Bloom has scheduled a jury trial for the case and it will take place in the city of Miami. The court filing dubbed “Scheduling Order — Document #476” states:This cause is set for trial during the Court’s two-week trial calendar beginning on July 6, 2020, at 9:00 a.m.at the United States Courthouse, 400 North Miami, Avenue, Courtroom 10-2, Miami, Florida.


Bloom has told the court participants that they need to settle at least by July 3rd, if the two parties want to come to an agreement. However, a flurry of filings that followed Bloom’s scheduling date shows that it doesn’t seem like Wright or the Kleimans want to settle out of court. Bloom requires both parties to submit all the case materials and evidence to Florida’s Southern District court by June 22.


Sanctions, Objections, Summary of Judgement, and the Defendants Hope Certain Opinions from Experts Will be Excluded


With the tentative lawsuit scheduled, Kleiman’s attorneys have filed a motion for an extension of time to file more sanctions on May 5. “Plaintiffs intend to file a sanctions motion based on the defendant’s conduct in these proceedings,” Kleiman’s legal firm Roche Cyrulnik Freedman LLP wrote. “This motion will include, but not be limited to, the defendant’s provision of a false notice and false list of bitcoin addresses in response to this court’s order allowing him through and including February 3, 2020, to file a notice with the court indicating whether or not this mysterious figure has appeared from the shadows and whether the defendant now has access to the last key slice needed to unlock the encrypted file.”Craig Wright, the man who claims to be Satoshi Nakamoto but has never proven this to the greater crypto community wants the case tossed out and he submitted a summary judgment on May 8 against the Kleiman estate. However, if the judge disagrees Wright will be ordered to appear in Miami court for the trial.


After the trial was set, Wright and his lawyers came with a flurry of objections as well. Additionally, Wright’s law firm Rivero Mestre LLP and Amanda McGovern filed Wright’s motion to exclude opinion testimony of the plaintiffs’ expert witnesses. Some of the people included in Wright’s list are people such as Dr. Edman the man who investigated Wright’s documents. “Dr. Edman is not a forensic examiner and has neither the training nor expertise to render any such opinions,” the filing says.




Wright also wants Andreas Antonopoulos’s opinion barred from the court, because of his alleged “posting activity features slandering Dr. Wright, whom he claims was not involved in creating bitcoin and refers to as ‘Faketoshi.’ In addition to his lack of qualifications and personal animus, his testimony should be excluded because plaintiffs hope to use it as a backdoor through which to introduce inadmissible non-evidence of purported historical bitcoin ‘prices,"” the filing highlights.


Wright also filed for summary judgment on May 8, 2020, against the Kleiman estate. The 30-page request notes: “For all the foregoing good and sufficient reasons, Dr. Wright respectfully requests that the Court grant this motion for summary judgment.” While the court docket got a flurry of objections like a well-oiled machine on Friday, the Kleiman’s also filed a notice of intent to raise an issue of Australian law.


What do you think about the Kleiman v. Wright case going to trial? Let us know in the comments below.Bitcoin"s Third Halving Complete: Reward Cut Surprisingly Faster Than Previous Time EstimatesNEWS | 4 hours agoBitcoin Transaction Costs Soar 400% Amid Halving HyperboleNEWS | 5 hours agoTags in this story


Image Credits: Shutterstock, Pixabay, Wiki CommonsPurchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH here.Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Read disclaimer Show comments

News Feed

Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub
Jackson, Tennessee Mayor Praises Bitcoin"s Benefits Against Inflation, Aims to Create a BTC Hub Jackson, Tennessee’s mayor is a fan of bitcoin and he wants
Bitcoin Price Prediction: Analyst Sets $320,000 Target As Wave 5 Begins
Este artículo también está disponible en español. The Bitcoin price has finally broken out of resistanceand is on a journey to the $320,000 threshold, according to a cryp
Ghana, Singapore conduct trade in semi-fungible token pilot project
Derek Andersen2 hours agoGhana, Singapore conduct trade in semi-fungible token pilot projectProject DESFT is meant to encourage trade between small businesses using a CBDC and a stablecoin, with an emphasis on credential
Bitcoin, Ethereum Technical Analysis: ETH Surges Past $1,200 as Latest Shadow Fork Goes Live
Bitcoin, Ethereum Technical Analysis: ETH Surges Past $1,200 as Latest Shadow Fork Goes Live ETH was back in the green, as markets reacted to the release of Shadow Fork 9. Bitcoin
’30for30′ Bitcoin Solidarity With El Salvador Trend Tries to Convince People to Buy $30 in BTC Tomorrow
"30for30" Bitcoin Solidarity With El Salvador Trend Tries to Convince People to Buy $30 in BTC Tomorrow It’s a big day for El Salvador this Tuesday, as the country’s
Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold
Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold Chinese state-operated media outlets keep adding cryptocurrencies — specifically bit
Bitcoin price rollercoaster liquidates $360M from long and short sellers
Brayden Lindrea6 hours agoBitcoin price rollercoaster liquidates $360M from long and short sellers10x Research attributed the large liquidations to some traders anticipating a price correction, while others have fear of
Rakesh Upadhyay6 hours agoPrice analysis 7/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTCThe weakness in the U.S. Dollar Index bodes well for Bitcoin and altcoins in the near term.1973 Total views2 Total sharesLis
Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks
Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks The global lending institution, the International Monetary Fund (IMF) has told the Ke
Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
Ethereum Classic Suffers 51% Attack Again: Delisting Risk AmplifiedBeleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caus
Newsflash: Bitcoin Price Sinks Below $10,000; What’s Behind the 4-Digit BTC Norm?
Within less than three weeks, since July 9, the bitcoin price has fallen from over $13,000 to below $10,000, which many investors regard as a key psychological level for the crypto asset.
Interview With Evan Luza, Cool Cats Co-Founder and Advisor to Bitcoin․com Verse NFT Collection
Interview With Evan Luza, Cool Cats Co-Founder and Advisor to Bitcoin․com Verse NFT Collection sponsored Bitcoin.com yesterday announced that buyers in the VERSE token sale, which