Craig Wright Must Forfeit 50% of Bitcoin in Court Case

Must Read

Bitcoin To Become The Worlds Currency

Are you a Bitcoin believer? Some say Bitcoin will become the worlds currency.

The Path To Becoming Hyperbitcoinization

There is a concept known as "hyperbitcoinization" in Bitcoin circles, which can be thought of as Bitcoin...

Sunday Market Analysis on Bitcoin

Bitcoin saw the first red monthly candle, in six months. at the weekly it...
- Advertisement -
Earn Free Bitcoin

The protracted legal battle involving self-proclaimed Bitcoin (BTC) inventor Craig Wright and the estate of computer scientist David Kleiman could go in Keiman’s favor.

According to a court audience member on Aug. 26, Judge Bruce Reinhart rejected Wright’s testimony, stating that he had perjured himself by providing the court with falsified documents and recommended that he hand over 50% of the over 1 million bitcoins Kleiman mined with Wright, as well as intellectual property rights associated with Bitcoin’s software.

The case began in February 2018 when lawyers filed the case against Wright, accusing him of stealing hundreds of thousands of Bitcoin — at press time valued at over $5 billion — after Kleiman’s death in April 2013.

While documents are currently not available regarding the ruling, an evidentiary hearing for the case was scheduled for today regarding the plaintiffs’ motion for sanctions/contempt on order compelling discovery.

- Advertisement -
- Advertisement -

Latest News

Sunday Market Analysis on Bitcoin

Bitcoin saw the first red monthly candle, in six months. at the weekly it...
- Advertisement -Earn Free Bitcoin

Ken The Crypto tells You How to Get the Most out of the 2021 Bull Run

The year 2021 is what people call the "Bitcoin Year", and the reason is self-explanatory. This recent bull-run has brought...

DigiShares Releases Industry Report on Real Estate Tokenization

DigiShares, a white label security token issuance solutions provider, has released a detailed report outlining the state of the global...

Gen2 Technologies (MNIZ) To Hold Quarterly Update

SPARKS, Nev., March 29, 2021 /PRNewswire/ -- Gen2 Technologies Inc. (the "Company") (OTC: MNIZ) wishes to inform its loyal shareholders that it...

Digital Securities & Tokenization Summit Announced for May 2021

Press Release 24 March 2021 DigiShares, the end-to-end white-label platform for...