Craig Wright is not new to legal proceedings. The Australian entrepreneur who repeatedly alleges to be the inventor of bitcoin has sued and also been sued in equal measures. In the latest developments, he appears to be on the receiving end of the law.

Judge Bruce Reinhart has slammed Wright for providing the court with forged documents. The judge also accused the entrepreneur of lying under oath in the ongoing litigations between Ira Kleiman and Wright in a hearing concerning the Tulip Trust.

On that occasion, Reinhart questioned Wright’s credibility. In past incidents, the self-proclaimed Satoshi Nakamoto had openly lied to the court. Judge Reinhart said:

“Particularly given my prior finding that Dr. Wright has produced forged documents in this litigation, I decline to rely on this kind of document, which could easily have been generated by anyone with word processing software and a pen […] I give no weight to sworn statements of Dr. Wright that advance his interests but that has not been challenged by cross-examination and for which I cannot make a credibility determination. I have previously found that Dr. Wright gave perjured testimony in my presence.”

Coinbase 2

Judge asks Wright for his Bitcoin holdings’ list

The judge ordered Wright on March 9, 2019, to produce a detailed list of his Bitcoin holdings. Craig Wright again purported that he could not provide the list since it was held by a blind trust that he could not access at that time. Wright had estimated that it would take up to around January 2020 for that list to be delivered by bonded courier.

Judge Bloom was lenient enough to allow Wright until February 3, 2020, to file an explanatory notice with the court:

“Indicating whether or not this mysterious figure has appeared from the shadows and whether the Defendant now has access to the last key slice needed to unlock the encrypted file.”

Wright produced several documents evidencing a previously unidentified trust on January 6, 2020. The mysterious trust was known as ‘Tulip Trust III.’

Both the plaintiffs and Judge Bloom requested multiple depositions seeking to establish how Dr. Craig Wright obtained the Tulip Trust III documentation. However, Wright strongly objected to the many interrogatories based attorney-client privilege and spousal privilege.

Craig Wright rejects discovery

According to Wright, his wife is the trustee of the Tulip Trust. He claimed that he received the trust agreement as an encrypted file during December 2019 from the trust’s counsel. Based on these grounds, he purported that the communications between the trust’s counsel, Denis Mayaka, and his wife, Ramona Watts, are entirely protected by the attorney-client privilege.

He also said that communications between him and his wife are protected by spousal privilege. After cautious deliberations, the judge determined that the record provided by Wright does not convincingly establish that an attorney-client relationship exists between Ms. Watts and Mr. Mayaka.

The judge also disregarded Wright’s “Mayaka Declaration,” saying that it had not been entirely validated. Additionally, the judge discovered that the Trust document failed to identify Mayaka as counsel, indicating that he is assigned a different role altogether.

As such, the judge decided that the record provided by Wright does not explain in any way that Mr. Mayaka is counsel to the Trustee of the Tulip Trust. He added that Craig Wright and Mayaka do not have any form of an independent attorney-client relationship.

Judge wants judicial assistance from UK court

On the same day, the judge also requested legal assistance from the Senior Master of the Queen’s Bench Division. The High Court in the United Kingdom was asked to help in the litigation between Wright and Kleiman.

The current case concerns the effort of Ira Kleiman, who is the deceased brother of David Kleiman, to get back his brother’s share of the Tulip Trust. The Tulip Trust consists of a stash of over one million Bitcoins that were supposedly set up by Kleiman and Wright after their purported creation of Bitcoin.

Craig Wright has made many allegations and faced a lot of criticism from the crypto community for his never-ending theatrics. For now, all that can be done in the crypto world is to follow the court proceedings of the Craig Wright versus Ira Kleiman case hoping that justice will prevail.

Australian Bitcoin Entrepreneur Craig Wright Condemned By Court 1
About the author

Wanguba Muriuki is an Editor at Large for E-Crypto News and author of the book- "The Exploitative Intrigues of Cryptocurrency Scams Explained." He is also a passionate creator who sees every aspect of life from a written perspective. He loves Blockchain, Cryptocurrency, Technology, and Traveling. He is a widely experienced creative and technical writer. Everything and everyone is describable. The best description is written.

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USD Coin1.000 0.30 % 0.06 % 0.11 %

bitcoin
Bitcoin (BTC) $ 47,916.00
ethereum
Ethereum (ETH) $ 3,411.14
cardano
Cardano (ADA) $ 2.35
tether
Tether (USDT) $ 1.00
binance-coin
Binance Coin (BNB) $ 408.96
xrp
XRP (XRP) $ 1.07
solana
Solana (SOL) $ 162.50
polkadot
Polkadot (DOT) $ 33.92
dogecoin
Dogecoin (DOGE) $ 0.240177
usd-coin
USD Coin (USDC) $ 1.00