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HomeNewsCraig Wright Pressured to Produce Evidence of Bitcoin and Blind Trust in...

Craig Wright Pressured to Produce Evidence of Bitcoin and Blind Trust in the Dave Kleiman vs Craig Wright 1.1 Million BTC Court Case

The pressure is rising on Craig Wright to produce evidence in the case of the estate of Dave Kleiman vs Craig Wright.  An order was issued on May 3, 2019, on Craig Wright’s motion regarding the production of a list of the public addresses of his bitcoin as of December 31, 2013. Wright was ordered to produce a list of his bitcoin holdings by May 15, 2019, after the court denied his motion for a protective order based on undue burden. 

Wright tried to fight back by stating that he does not have a complete list of the public addresses he owned on any date, including December 31, 2013, adding that in 2011, he transferred ownership of all his bitcoin to a blind trust. But that did not fly. 

The motion also ordered Wright to produce detailed information about the alleged trust to which he transferred the bitcoin to by May 9, 2019. 

Kleiman estate’s claim that Wright misappropriated billions of dollars of bitcoin (1.1 million BTC) through a complicated multi-year partnership earlier this decade.

At bitcoin’s highest price in December 2017, USD $19,783.06 for one BTC – 1.1 million BTC was worth USD $21,761,366,000 

Richard Kasteleinhttps://www.the-blockchain.com
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, 'The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, the Netherlands where he has set down his anchor to raise a family and write. Founder and publisher of industry publication Blockchain News (EST 2015) and director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He has written over 2500 articles on Blockchain technology and startups at Blockchain News and has also published in Harvard Business Review, Venturebeat, Wired, The Guardian and a number of other publications. Kastelein has an Honorary Ph.D. and is Chair Professor of Blockchain at China's first blockchain University in Nanchang at the Jiangxi Ahead Institute software and Technology. He has over a half a decade experience judging and rewarding some 1000+ innovation projects as an EU expert for the European Commission's SME Instrument programme as a startup assessor and as a startup judge for the UK government's Innovate UK division. Kastelein has spoken (keynotes & panels) on Blockchain technology at over 50 events in 30+ cities.
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