The District Court for the Southern District of Florida has denied Craig Wrightâs request for summary judgment in a case that involves claims over ownership of about 1.1 million bitcoin (worth over $11 billion).Â
In an order signed on Monday, Judge Beth Bloom at the Florida court denied Wrightâs motion seeking summary judgment that would have prevented the matter from proceeding to a full trial.Â
- The case, first brought in 2018,Â involves the plaintiff Ira Kleimanâs argument on behalf of the estate of his late brother David, that half of Wrightâs bitcoin worth and intellectual property belongs to Kleiman. The plaintiff has argued that the bitcoin in question was also mined together by Wright and Kleiman.
- Wrightâs request for summary judgment was comprised of six claims including statute of limitations, the plaintiffâs inability to prove the existence of an oral partnership and the courtâs lack of subject matter jurisdiction.Â
- In the past, Wright has claimed that he was the inventor of bitcoin under the pseudonym Satoshi Nakamoto, an assertion many in the crypto world have disputed due to a lack of corroborating evidence.
- According to an order issued by the Florida court on Sept. 4, the trial involving Wrightâs bitcoin fortune has now been moved to Jan. 4, 2021.Â
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