Craig Wright, the figurehead of Bitcoin SV and man who claims to be the creator of Bitcoin,
Craig Wright, the figurehead of Bitcoin SV and man who claims to be the creator of Bitcoin, claimed in Florida federal court on Friday that he is unable to easily access his early bitcoin fortune or even to produce the addresses at which the coins are stored.
Wright is in court to defend himself against the estate of his former business partner Dave Kleiman, which claims that he stole bitcoin that was the property of Kleiman. Wright claimed that Kleiman was responsible for hiding the bitcoin jointly owned by the two men in order to protect Wright's identity as the pseudonymous creator of Bitcoin, Satoshi Nakamoto. According to Wright, "I brought in Dave because he was a friend and he knew who I was and he was a forensic expert, and I wanted to wipe everything I had to do with Bitcoin from the public record."
Kleiman's estate is highly motivated to retrieve the bitcoin, while Wright claims that his family has "enough now" and the missing bitcoin would be "too much money." They claim that Wright forged a significant number of documents following Kleiman's death in 2013 in order to transfer all of the jointly owned bitcoin to him.
Wright reportedly openly cried on his lawyer's shoulder in the courtroom, which was cleared of any electronic devices, and lamented that his claimed monetary creation was used for illicit activities on Silk Road and elsewhere. As a result, Wright says he stopped mining and working on Bitcoin in 2010.
Wright and the Kleiman estate both have much at stake in the proceedings, as the value of bitcoin owned by the creator of the cryptocurrency is now worth well over $10 billion. And with Wright currently leading Bitcoin SV, valued at nearly $4 billion, he can ill afford to have his reputation sullied at trial.
During the hearing, Wright turned emotional on a number of occasions, throwing a document and using profane language. This caused the judge to say that Wright would be "in handcuffs" if he did not get himself under control.
The hearing concluded with the matter far from settled. It will reportedly be continued later this summer.
source https://www.tokentalk.co/The Block/craig-wright-tells-federal-court-he-is-unable-to-access-10-billion-bitcoin-fortune-5d175fe15c8e01e04fca115f
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