Will the Kleiman vs. Wright Court Case Finally Reveal Who Invented Bitcoin?
Before delving into the Satoshi identity theories, it’s best to consider some of the background information regarding the court case to help frame everything else.
In 2016, Craig Wright claimed that he is Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Wright’s claim to be the sole creator of Bitcoin would also see him the owner of a monumental stash of 1.1 million Bitcoins, currently worth over $66 billion.
However, Ira Kleiman’s suit posits that Wright didn’t work alone and that Ira Kleiman’s late brother, David (a long-time friend of Wright), was the co-creator of Bitcoin. Therefore, the suit argues, Kleiman’s estate is entitled to half of the 1.1 million Bitcoin haul that Craig Wright allegedly controls.
Related: The Beginner’s Guide to Bitcoin
The court case is set to establish whether Wright and David Kleiman had an existing partnership, as is claimed, covering the entire period Wright would have allegedly been working on Bitcoin and the Bitcoin white paper, and their shared company, W&K Info Defense Research, LLC.
Thus, although the case isn’t specifically examining whether Craig Wright is Satoshi, it is highly unlikely that the case can conclude without a strong examination of the claims made by Wright.
Trial Delays and Timelines
The lawsuit was first brought about in 2018, with numerous delays and setbacks, meaning that the case proper only started on Monday, November 1, 2021.
Kleiman’s lawyers are seeking to establish a factual timeline that links David Kleiman and Craig Wright’s former partnership, with documents shown to the court revealing that Wright referred to Kleiman as his partner until his death in 2013.
After Kleiman’s death, Wright allegedly began distancing himself from the partnership, pushing back against Kleiman’s estate on several occasions. Furthermore, Kleiman’s lawyer, Kyle Rosche, told the court that after the civil case was filed in 2018, Wright allegedly began denying that a partnership between himself and David Kleiman ever existed, period.
Who Is Satoshi Nakamoto?
It’s the 66 billion dollar question that the crypto world has asked for more than a decade. The Kleiman vs. Wright civil suit is the closest we’ve come to having multiple puzzle pieces fall into place simultaneously. Even other major names in the world of crypto believe that the partnership cannot be confirmed or denied without the revelation.
Calvin Ayre, founder of CoinGeek (and another person often touted as the real Satoshi), believes “Its [sic] impossible.”
However, many aren’t convinced of Wright’s self-proclamation that he alone is Satoshi. The easiest way for Wright to prove he is Satoshi would be to move some of the locked Bitcoins, which Wright has allegedly turned down the chance to do.
Furthermore, in a separate court case in the UK, Wright was served with a court order compelling him to reveal the Bitcoin accounts he allegedly owned. After providing an extensive list of Bitcoin wallet addresses (that were inadvertently made public), nearly 150 of the addresses Wright claimed to own posted an online message calling Wright “a liar and a fraud,” among other things.
Other court cases have found Wright’s lack of compelling evidence over his alleged ownership of the Bitcoin wallets controlling billions of dollars worth of crypto troubling, with UK Magistrate Judge Bruce Reinhart going so far as to “Completely reject Dr. Wright’s testimony about the alleged Tulip Trust, the alleged encrypted file, and his alleged inability to identify his Bitcoin holdings.”
Finally, there is a chance that the jury involved in this case will find in favor of Wright from the outset, which may preclude Wright having to make any additional effort to identify himself as Satoshi, even if many in the crypto world are desperate for the Craig Wright saga to end.
Will Satoshi Finally Be Revealed?
Ira Kleiman’s testimony on Wednesday, November 3, is likely to become pivotal to the Kleiman vs. Wright suit. With the case already moving at a fairly rapid rate, all eyes will be on the outcome and whether the true identity of Satoshi Nakamoto is revealed.
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November 3, 2021 at 03:00AM