Florida Court Dismisses Craig Wright’s Summary Judgment Plea

Source - Unsplash

Apart from claiming to be the creator of Bitcoin, Satoshi Nakamoto, Craig Wright continues to make it to the headlines over his billion-dollar Bitcoin case. The latest updates regarding the case highlight the denial of Craig Wright’s recent motion.

A Set Back For Self-Proclaimed Bitcoin Creator?

The District Court for the Southern District of Florida formulated a 93-page document revealing its take on the Kleiman and Wright case. As per the document, Judge Beth Bloom dismissed Wright’s plea for summary judgment further pushing the case to trial to 4 January 2021.

This is isn’t the first time Wright has tried to get out of the lawsuit. The latest news is an addition to Wright’s many attempts to steer clear of the lawsuit. Partner at Anderson Kill, Stephen Palley, pointed out the same in an array of tweets,

“If you can show that the “material” facts are not dispute and that as a consequence you are entitled to judgment in your favor as a matter of law, winner winner chicken dinner , and you can get out of the case in full or in part.

that’s what wright asked for here”

Wright reportedly put forth six arguments in the hope to get out of the lawsuit and all of them were rejected by Judge Bloom. Just a few months ago, Wright sought a trial before a jury over autism claims. While the court granted the Bitcoin SV founder a trial, the latest bid was denied.

Back in 2018, Ira Kleiman accused Wright of pilfering over 1.1 million Bitcoin which was previously mined by both Wright and David Kleiman. However, the charges didn’t stop there, Wright was further called out for perjurious testimony, submission of forged evidence, lies and forgery post-sanctions, and misconduct.

Wright hasn’t ended his swim in troubled waters. The crypto-verse went on to label the Bitcoin SV founder, “Faketoshi” for claiming to be Satoshi Nakamoto and even received immense backlash. Back in June, Wright’s lawyers sent out a letter to the prominent crypto platform, Blockstream highlighting that Wright was the man behind the infamous Mt. Gox hack, that disrupted the crypto sphere. Additionally, Wright’s inconsistent statements have also been a huge set back for his case.

Sahana Kiran: Experienced Journalist with a demonstrated history of working in the online media industry. Skilled in Photography, Feature Writing, Journalism, Online Journalism, and Web Content Writing. Strong media and communication professional with a Bachelor of Arts - BA focused in Journalism