Craig Wright, a controversial Australian computer scientist, supporter of (BSV), dubbed Faketoshi due to his claim that he is Satoshi Nakamoto and general lack of any sort of proof, could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million (USD 10.2 billion).
A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge delivered a scathing verdict on Wright’s testimony. The news was corroborated by a report in Coindesk that cited ''an individual familiar with the case."
The hearing, held in Florida on August 26, was part of a larger case that will decide the custody of the accumulated Wright-Kleiman fortune. Kleiman’s estate has claimed that Wright effectively stole Bitcoin holdings belonging to Kleiman after the latter’s death in 2013.
Bad news BSV.
— 22nd Century Crypto (@22centurycrypto)
The user claims the judge, Bruce Reinhart, had “rejected all [of] Wright's testimony,” and believed Wright had committed perjury, and “falsified documents.”
And the same person went on to comment that not only the judge, but also both sets of attorneys had openly referred to Wright as “Satoshi Nakamoto,” the so-called creator of Bitcoin.
Judge is being very fair and critical of each sides remarks.
— 22nd Century Crypto (@22centurycrypto)
The bitter legal fight is far from over. Reinhart was presiding over a Motion for Sanctions/Contempt ruling, but the main Kleiman estate-Wright trial is still forthcoming. Court documents show the proceedings took 2 hours 30 minutes.
Reinhart’s Florida federal court colleague Judge Beth Bloom earlier this month dismissed a motion challenging the court’s jurisdiction, hinting that she believed Wright was attempting to “deceive” the court.
Kleiman’s estate is hoping to win a staggering USD 10 billion from Wright.
Wright has been labeled “Faketoshi” by some of his more vocal critics. A wide range of other people claiming to be the “real” Satoshi Nakamoto keep on coming forward.
Earlier this year, Wright with American authorities – drawing scorn from many detractors.
At pixel time (03:55 UTC), BSV trades at c. USD 129 and is down by more than 4% in the past 24 hours. Majority of other coins from the top 10 by market capitalization are registering losses of c. 2% today.
