The Court should enter case-terminating sanctions for Craig Wright with repeated lies

One of the most extended cases in the cryptocurrency market is the case between a late developer Dave Kleiman and Craig Wright. The lawsuit centers on Wright fraudulently taking Dave’s Bitcoin while he was still in business as well as Wright recognizing himself as Satoshi Nakamoto so that Bitcoin is his. Recently, the lawsuit continued to develop with new details when it was suggested that the Court should enter case-terminating sanctions for repeated lies, deceit, and perjury.

There is a high probability that the case will be settled based on the Court’s assessment of Wright’s behavior, as opposed to who is right or wrong. Because perhaps Wright caused too much trouble just because of his lies.

A new motion for sanctions in the Kleiman v. Craig Wright case

Wright claims that he is Satoshi Nakamoto, has thousands of patents, has many graduate degrees (including law degrees), and he is 500% more productive than scientist Thomas Edison.

If we just heard and judged our knowledge about Wright, we would not have believed it. And clearly, two federal judges have said he’s got a problem with the truth. Therefore, in a new move for sanctions filed by the plaintiff in the lawsuit Kleiman v. Wright is pending in Florida federal court; plaintiffs make a long list of additional allegations. And they say the Court should put an end to Wright sanctions.

According to The Block, Here’s Plaintiffs’ argument:

  • Wright has lied under oath throughout this case
  • He has submitted forged documents and perjured himself
  • He lied directly to the Court
  • He can open an encrypted file but refuses to because it would hurt his position
  • He has obstructed the discovery process and made the case really expensive
  • His behavior has made a mockery of the judicial system

If you’ve followed this lawsuit, you may recall that an earlier order very close to the sanctions that ended the case was vacated for the main procedural reasons of the District Court, and Wright had to pay Kleiman’s legal fees as a punishment.

Earlier this year, Wright sent an explicitly executed document on February 15, 2011, which mentioned a 2013 law. He swore that he mined bitcoin into a Panama trust and then denied doing so while under oath in a deposition:


Wright really did lie not just once. As AZCoin News reported, with 50 BTC from Satoshi Era showing signs of moving these days, Wright denied this 50 BTC move, meaning he was not Satoshi because this BTC address was part of a list of 16,000 addresses delivered by the bonded courier in January this year, to which Craig claims he had lost the keys to.


The address that sent the 50 BTC transaction seen in the list of addresses Wright provided to the court | Source: Court Listener

Perhaps Wright had to deny that he had moved the other 50 BTC, because otherwise, he had to face legal trouble before, he had previously refused to hand over the private key to the Court because by the bond.

Lying in court cases perverts the entire judicial process. Naturally, judges don’t like it. Most lawyers don’t either.

It seems that in the future, Wright will respond to all these with angry expressions and even sue the plaintiffs. Hopefully, the Court will decide that the fraud has been taking too long and announce the end of the case as soon as possible.

Read more:

Join us on Telegram

Follow us on Twitter

Follow us on Facebook

You might also like