"Satoshi" at court

The judge literally called him a perjurer and fraudster. If someone got confused with all these court proceedings:

"Let me get this straight: CSW claims to own bitcoin he probably doesn't own, which he mined in agreement with Kleiman.
The Kleiman estate are like "Ah we're owed $5bn. Cool"
CSW is all "Nah nah, I can't access it tho"
Kleimans sue CSW for half of the BTC he doesn't have.
Court orders CSW to provide addresses where BTC is stored, but CSW doesn't want to, even though he was happy to claim their ownership before.
So he hasn't proven he does own it, and he failed to prove he doesn't have access to the coins he might not have ever owned. Is that right?
So now he effectively owes 50% of a thing that we only have his word that he ever possessed in the first place? Is this correct?"

Yeap, it is correct. If someone writes this as a movie script, it would not be believable...

https://www.theguardian.com/technol...vented-bitcoin-ordered-to-hand-over-up-to-5bn

https://blog.wizsec.jp/2019/08/kleiman-v-wright-part-5.html?m=1
 
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Edit: Following the correct time line, read post#24 first.

So now we have a mystical bonded courier, who is going to deliver something (keys, bitcoin, birthday cake):

https://www.coindesk.com/judge-reopens-questions-in-ongoing-1-1m-bitcoin-wright-trial

"“The Court questions whether it is remotely plausible that the mysterious ‘bonded courier’ is going to arrive, let alone that he will arrive in January 2020 as the Defendant now contends,” Bloom writes. Wright previously testified it would be “impossible” to comply with the court order to identify his bitcoin before the bonded courier returned 100 percent of the assets to his control on Jan. 1, 2020."

The deadline is Febr. 3rd. in other news:

"evidence of a third Tulip Trust entered the public court record"

And as expected, Craig is still a rapscallion:

“[Wright] was evasive, refused to give and interpret words in their very basic meanings, was combative and became defensive when confronted with previous inconsistencies,” Bloom writes.
 
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Me still being slightly behind the news, the courier supposedly has arrived yesterday, as Craig informed the court:

https://modernconsensus.com/cryptoc...e-keys-to-satoshi-nakamotos-1100111-bitcoins/

"In a notice of compliance filed with the court on Jan. 14, Wright’s attorneys wrote: “Dr. Wright notifies the Court that a third party has provided the necessary information and key slice to unlock the encrypted file, and Dr. Wright has produced a list of his bitcoin holdings, as ordered by the Magistrate Judge, to plaintiffs today.”"

"The lawyers for Ira Kleiman were not impressed with Wright’s filing.

The list of bitcoin public addresses Wright provided “is simply a list of 16,404 addresses, Velvel Freedman and Kyle Roche said in their court filing. “Craig, however, did not provide any information on the bounded courier, the company he/she worked for, when he/she came, or the message delivered.”

With each bitcoin block creating 50 bitcoins at the time, that would account for 820,200 bitcoins. At current prices, that’s around $7.2 billion."
 
It makes zero sense for Satoshi to reveal himself. There would probably be problems with the law and business men who want him dead, not to mention he has the most control over the market.

And what the heck is Craig Write doing? Of what benifit is it to him to pretend to be Satoshi? The man is odviously smart enough to have millions, why is he being a dumbass in court? None of this makes any sense.
 
Trader Curt said:
And what the heck is Craig Write doing? Of what benefit is it to him to pretend to be Satoshi?.
More...

A lot. His BTC fork called BSV (Satoshi Vision) becomes instantly more valuable. BSV is up 120% in just one day on the courier news alone.

He also has a backer (poker website owner from the Bahamas fame). Craig only gets backing as long as the backer believes:

1. He is Satoshi.
2. He might not be Satoshi but they can still push up the price of their crypto and spread its usage.

BSV is rather thinly traded, thus it can be pushed around fairly easily. And nobody is using it, what could change if more and more people are believing they are using the founder's crypto.

Not to mention beside money he also wants FAME, because he is a narcissist.
 
Here is a very long but good article describing Craig's business dealings and the need for him to be Satoshi:

http://archive.is/kjuLi

"The plan was always clear to the men behind nCrypt. They would bring Wright to London and set up a research and development centre for him, with around thirty staff working under him. They would complete the work on his inventions and patent applications – he appeared to have hundreds of them – and the whole lot would be sold as the work of Satoshi Nakamoto, who would be unmasked as part of the project. Once packaged, Matthews and MacGregor planned to sell the intellectual property for upwards of a billion dollars. "
 
Pekelo said:
Here is a very long but good article describing Craig's business dealings and the need for him to be Satoshi:

http://archive.is/kjuLi
More...

This is really a fascinating read, but very long, I haven't finished it yet. But anyhow, here is how a guy who supposedly owns 10 B in bitcoin does business:

" Matthews noted that, when he signed the deal with MacGregor, Wright didn’t have a feasible business plan for any of his companies. The Wrights’ financial situation was dire. They couldn’t pay their staff and a number had already left. Pedersen and some others had stayed on without pay; Wright owed his lawyers $1 million. Superannuation remittances were overdue and loan repayments unpaid; the companies needed £200,000 just to make it to next week. Craig and Ramona had sold their cars. One of the companies was already in administration and, with the ATO closing in, ‘all related entities were on the brink of collapse.’ "
 
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