The popular Satoshi Impersonator Craig Wright doesn’t seem to give up as he is now trying to escape paying the legal fines of about $658,000. Despite losing the well-documented Kleiman case a while ago, he is now trying to avoid paying the legal fees.
In our crypto news today, we can see that the Satoshi Impersonator says that he invented bitcoin all the way back in 2009 and proceeded to mine 1.1 million of the coins with his now-deceased partner Dave Kleiman. Kleiman however, died in 2013 after constructing MRSA and left Wright to put the bitcoin into the so-called tulip trust. Kleiman’s brother Ira, sued Wright in February 2018 and stated that some of the mined coins belonged to Dave’s estate despite the research suggesting that the disputed coins were neither owned by Wright nor Kleiman.
However, Wright was ordered to list Satoshi’s bitcoin but he failed and presented forged documentation to support his losing case. In August this year, the judge found Wright, not credible and ruled against him by ordering to pay Kleman all the legal costs as well as hand over half of his BTC. This should have ended everything but both parties agreed to delay the proceedings in order to negotiate a settlement out of the court and this was mainly because Kleiman realized that 50 percent of the 1.1 million bitcoins would not actually sum up to that amount.
In the latest filing, Wright asked for this to be thrown out entirely and he claimed that the hourly fees are unreasonable as is the amount of the time spent. Unfortunately, it seems that one of Kleiman’s lawyers charged $690 per hour and that both of the lawyers of Kleiman billed for almost 720 hours of work for the two motions and hearing that lasted about 13 hours total. Wright also argued that the motion for the fees was not served in time and this was mainly because of the supposed attempt to come to an out of court agreement.
Wright is now trying to get away from paying the fees with the help of poorly forged documents. It is much more interesting that he will have to prove that he is indeed Satoshi Nakamoto in the upcoming Peter McCormack libel case.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com
Discussion about this post