9 Oct, 2019

Craig Wright Theft Case: Mediation is at an Impasse

Craig Wright, the self-proclaimed inventor of bitcoin, recently attended a mediation conference in Miami, pertaining to an old case where he was accused of stealing a significant number of bitcoin, from an old associate.

As we had previously reported, a new lawsuit had been filed against him by his former business partner Dave Klieman which claimed Craig Wright forged Dave’s signature to steal billions of dollars worth of Bitcoins. The forged signatures were not even close to Dave’s actual signature.

Last month, a United States District Court of the Southern District of Florida issued an order on May 3, which compelled Wright to produce a list of his bitcoin public addresses. The order was brought about when the estate of computer scientist, David Kleiman filed a case against Wright, accusing the latter of stealing hundreds of thousands of BTC, which were more than $5 billion dollars in February last year.

However, according to news portal, CCN, a mediator’s report said that there was no conclusion to the meeting. The report said, “This case did not settle at the mediation. As a result, we are at an impasse.”

Though legally, the matter remains in a stalemate, Calvin Ayre  tweeted about the mediation moments after it ended. The conference occurred one day after a judge sealed evidence that Wright was ordered to produce over his claims that he’s Satoshi Nakamoto. In the tweet, Ayre said, “Craig just finished his settlement conference in Miami…Craig is in the U.S. and is intent on regaining control over his legacy as Satoshi in that country.”

The support of a friend is worth more than gold, but interestingly, the US Copyright Office begged to differ. Last month, the USC had said, that it would neither investigate if the claims were true and nor would it put forth any opposition, the likes of which are usually put forward by the Patent and Trademark Office for patents and trademark registrations.

It had said, “As a general rule, when the Copyright Office receives an application for registration, the claimant certifies as to the truth of the statements made in the submitted materials. The Copyright Office does not investigate the truth of any statement made.”