In a widely expected move, the District court of South Florida has dismissed Craig Wright’s motion to seal his Bitcoin holdings and addresses, May 03, 2019. If Wright doesn’t comply, the court indistinctly said there are other ways to obtain this information, methods of which Kleiman’s estate will be authorized to use.
Wright’s Motion to Dismiss Denied
After Craig Wright’s newest project, Bitcoin Satoshi’s Vision (BSV) was delisted from major exchanges, a district court denied Craig Wright’s motion to seal his Bitcoin holdings. The case has took a turn against his favor as he now has to provide evidence of his holdings as of December 31, 2013. The entire case is based on Wright’s statement that in 2011 he transferred the ownership of all his Bitcoin to a blind trust, Tulip Trust.
As listed in the court order, the court has heard three cases from Wright involving his prior Bitcoin holdings. In each of the cases, Wright has been asked to provide a list of Bitcoin addresses thus far. In one instance, Craig submitted a list of Bitcoin addresses to which he mined the cryptocurrency, causing Reddit to speculate that these are address he purchased, based off a deleted BitcoinTalk thread from nearly two months ago.
The court argues that Craig Wright never made the claim of not having a list of his previous Bitcoin addresses in any other lawsuits. They also note that he says the process is not just one of undue burden but rather impossible to accurately show all of his previous Bitcoin addresses. Notably, none of Wright’s defence included the obvious inference – get the list of all the addresses from the trustee of the Tulip Trust.