Craig Wright must pay $5 billion in Bitcoin and 50% of Intellectual property to Kleinman Estate

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Bitcoin Intellectual Property

The judicial drama finally came to an end with Judge Bruce Reinhart, who ordered that Wright must pay $ 5 billion to Kleiman’s property, as well as relinquish half of his intellectual property in possession before December 31, 2013 The public has not yet published details of the case, but those familiar with the developments have given their opinion.

Wright found guilty, offers his views

The Southern District of Florida has found Craig Wright guilty  of falsifying documents, constituting the Tulip Trust, and has been ordered to hand over half of its BTC and IP withheld to Kleiman’s property before the end of 2013.

After the court session, Craig gave an  interview  in which he stated that Ira Kleiman will have to pay a 40 percent estate tax, which would be $ 2 billion in the $ 5 billion lawsuit. He claims that Ira will have to liquidate and dispose of his BTC to pay the tax.

However, with so many court cases and false agendas in his head, Craig Wright seems to have forgotten that he cannot access “his” bitcoin , so there is no doubt that Kleiman liquidates him.

On twitter Matt Odell said:

KLEIMAN’S FAMILY WILL NOT THROW BITCOIN INTO THE MARKET AS A RESULT OF TODAY’S DECISION.

CSW HAS NO BITCOIN.

Even if he had the bitcoins, he currently has no access to it. But considering the fact that all the evidence points to the fact that he never had access to Satoshi bitcoins, this is not a very worrying situation.

Possible result

Judge Reinhart ruled that Wright has no right to a jury trial and cannot oppose the case, but he can appeal that the sentence is unfair, which he will definitely do.

Since he has presented  evidence manipulated on more than one occasion, it will be difficult for him to influence the perception of the court in his favor. In any case, it should be interesting to see how the monetary agreement proceeds and how Wright plans to pay the amount ordered by the court.

Reinhart did not judge whether Wright was Satoshi Nakamoto or not, but said he believes Wright is not credible.

The trial will have to be accepted by a district court before it becomes a final judgment.

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