Craig Wright plans to defy the court to challenge its decision to hand over 410,000 bitcoins
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Answer Craig Wright plans to defy the court to challenge its decision to hand over 410,000 bitcoins
On August 27, the court ruled that Mr. Craig Wright had to split the bitcoin he owned with the Kleiman family, which had been mined before 2014.
To end initially an issue that dragged on its threads and its merits for a long time.
Craig Wright loses his case and billions of bitcoins will be awarded to Kleiman
The Bitcoin owned by Wright with Kleiman was approved.
Where the “Wright” partner of the deceased, “Dave Kleiman”, was the cache of Bitcoin, which they have been working to extract since the founding of their company.
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In the end, the judge ruled that the documents presented by Wright were fraudulent and unhelpful, and he had to hand over half of his bitcoin ($10 billion) to Kleiman.
Craig Wright recently appealed the decision and asked the court to grant him 14 days from the date the decision was pronounced.
Craig’s lawyers also stated that they need more time to file a full appeal
And that the upcoming weather conditions may affect them (hurricane Florida).
Although Judge Reinhart’s decision is final, it torpedoed any possibility for Craig to defend himself.
However, given the amount of reward involved in the case, it is possible to allow for an extension and a reconsideration of the case.
Where confirmed A spokesman for Craig Wright said that the ruling to hand over 410,000 bitcoins may extend until Craig proves that he is “Satoshi Nakamoto”, and if he fails to do so, he will only have to hand the huge amount to “Kleiman”.
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Previous concerns arose from the crypto community about the possibility of Craig Wright selling his bitcoins and thus a massive dump that could hurt the market price:
Craig Wright threatens to sell 500,000 bitcoins to the crypto community
However, it appears that the case is still ongoing and will take as much time as it took earlier.
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