Billion Dollar Bitcoin Lawsuit Verdict Appealed — Self-Proclaimed Bitcoin Inventor Expects a Win
The law firm representing Ira Kleiman has sent a notice of appeal to the Florida District Court in an attempt to appeal the court’s rejection of a Kleiman v. Wright retrial. The self-proclaimed Bitcoin inventor, Craig Wright, was cleared of all charges at the end of the Kleiman v. Wright trial, except one count of conversion. Ira Kleiman Appeals Retrial Rejection in the Kleiman v. Wright Case
On April 8, 2022, the law firm Roche Freedman LLP submitted a notice of appeal to the Florida District Court system. The appeal is tied to the recently concluded Kleiman v. Wright trial which ended on December 6, 2021. The trial started on February 14, 2018, as the self-proclaimed Bitcoin inventor Craig Wright was accused of perpetrating “a scheme against Dave’s estate to seize Dave’s bitcoins and his rights to certain intellectual property associated with the Bitcoin technology.”
The verdict at the end of 2021 came to a conclusion after the jury was deadlocked for a number of days at the end of the trial. Finally, a verdict was reached and Wright and his defense team from Rivero Mestre LLP managed to beat all the charges except one count of conversion. While Wright was mandated to pay $143 million to W&K Info Defense, Wright told the press that he was “incredibly relieved.”
The latest notice of appeal stems from Roche Freedman’s Velvel Freedman, and the appeal is filed on behalf of Ira Kleiman as representative of the estate of Dave Kleiman. Ira Kleiman is the brother of the now-deceased security expert Dave Kleiman. The notice is appealing the rejected retrial as Roche Freedman and Ira Kleiman want to take the case to trial again. The appeal follows Velvel Freedman’s recent tweet that explains how Wright owes W&K Info but allegedly has not paid. On March 9, Freedman tweeted: Make that $143,132,492.48 after W&K just won prejudgment interest. Unfortunately, Craig Wright still hasn’t paid a cent. Coingeek Article Hints at Possible Cross-Appeal, Wright Says ‘He Won the First Time and Fully Expects to Win Again’
In a recent article published by Coingeek author Jordan Atkins, the reporter says that “given the ownership status of that company, it isn’t clear how Kleiman will be able to recover any of the $140 million award.” Atkins also quotes Craig Wright in the article who firmly said that he had won the lawsuit, despite the one count of conversion. The Coingeek editorial published on April 10 also hints at a possible “cross-appeal from Dr. Wright on the count found in favor of W&K.”
“I won the first time and fully expect I will win again. The jurors came to the right decision after listening to 13 days of testimonials and deliberating for seven days, and am confident there will be no change to their decision on appeal,” Wright remarked in the Coingeek article. “David Kleiman, while being a close friend, did not co-invent Bitcoin and Ira Kleiman is entitled to nothing.”
Wright has attempted to persuade the masses that he is Satoshi Nakamoto for many years now, but overwhelming evidence against his story has provoked the crypto community at large to dismiss Wright’s theory and claims entirely. Tags in this story All counts, Appeal, appeal court’s rejection, billions, Bitcoin, bitcoin trial, BTC, Conversion charge, Craig Wright, cross-appeal, dave kleiman, David Kleiman, Florida, Ira Kleiman, Jordan Atkins, jurors, Jury, Jury Trial, Kleiman Estate, Lawsuit, miami, notice of appeal, retrial, retrial appeal, Roche Freedman LLP, Satoshi Nakamoto, Southern District Court of Florida, Trial, Velvel Freedman
What do you think about the case against the self-styled Bitcoin inventor Craig Wright? Let us know what you think about this subject in the comments section below. Jamie Redman
Jamie Redman is the News Lead at Bitcoin.com News and 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. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Coinbase Is Creating a Film Trilogy Featuring Bore Ape Yacht Club NFT Characters NEWS | 1 hour ago Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout NEWS | 9 hours ago
Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBiggest Movers: RUNE and THETA Fall by Over 10% on Monday Next articleTotal Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days 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 disclaimerShow comments More Popular NewsIn Case You Missed ItUS Bond Markets Signal Economic Downturn, Trend Forecaster Says if War Ensues "Odds of Recession Increase"
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. economy may be headed for a recession. This week, a myriad of financial reports have noted that the ... read more.Polygon Announces Zero-Knowledge Identity Platform for Web3 NFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpay Bandai Namco Announces Gundam Themed Metaverse India"s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force