The Kleiman v. Wright case has been concluded, with the court clearing Wright of all charges, but ordering him to pay $100 million to Kleiman’s estate.
Wright has been a controversial figure, gaining support and making a few enemies after claiming he is Satoshi, the acclaimed founder of Bitcoin.
Wright Accused Of Deceiving His Former Associate
The lawsuit against Wright was filed by Dave Kleiman’s representative, who claimed that Wright had deceived Kleiman over Bitcoin intellectual property. Kleiman was Wright’s associate before he died in 2013.
According to the filing, Kleiman’s lawyers alleged that he had mined 1.1 million Bitcoins with Wright and his estate was entitled to half of the mined Bitcoins, which is valued at about $70 billion.
But the lawsuit could see some form of appeal process coming from both sides regarding the jurors’ decision.
Wright has continuously stated in court on several occasions that he invented Bitcoin. If Wright has lost the case levied against him, it would leave him no choice but to prove that his Satoshi claim is true.
Most market enthusiasts rebuff Wright’s claim, with some of them pointing to some evidence that shows he is not the legendary Bitcoin creator.
Wright Claims Victory But Still Has Other Cases To Deal With
Bitcoinsv (BSV) supporters celebrated Wright’s victory on forums and social media platforms. Wright has also responded to the verdict. “This has been a remarkably good outcome and I feel completely vindicated,” he stated.
However, it may be a bit disappointing for those who are looking to see him prove that because the jury has only asked him to pay Kleiman estate as a fine for unlawful use of funds.
The case has been ongoing for years, but this final verdict by the jury has seen its conclusion. However, he could still be facing other cases from those who are not happy about his claim of being Satoshi. He is still fighting other legal battles.
COPA recently filed a case against Wright after the latter threatened to sue Bitcoin.com over copyright claims related to the Bitcoin whitepaper.
And in 2021, Wright staked a claim in Mt.Gox funds, which were stolen during the infamous hack in 2014.