“Everybody has a plan until they get punched in the mouth,” said boxing superstar Mike Tyson.
This year, the so-called father of bitcoin, Craig Wright, tasted first blood.
Wright has long been adamant about his position as the creator of bitcoin. Much to a skeptical crypto ecosystem’s chagrin, he has done everything except prove he was Satoshi Nakamoto, from registering the Bitcoin White Paper as his own to showing private keys that anyone could have accessed. In fact, the month of May brought many seeming triumphs and his currency – BTCSV – rose to $226 before a tumble of 100 points. The end of June brought more trouble with Wright sitting in a courtroom seemingly cowed before a judge.
The reason for his swift fall? Wright had to answer hard questions about his real involvement in a multi-billion dollar fund that he formed with his deceased business partner, Dave Kleiman. And those hard questions could, in the end, unmask the real Satoshi.
Wright is being sued by Ira Kleiman on behalf of the estate of his late brother for scheming to, according to the filing, “seize Dave’s bitcoins and his rights to certain intellectual property associated with the bitcoin technology.”
Kleiman’s attorney’s are attempting to prove that Wright transferred Kleiman’s assets to his personal or companies’ accounts, hid the evidence by backdating legal contracts, and forged a series of contracts and Dave’s signature on them.
At the heart of the lawsuit is a 1.1 million bitcoin Tulip Trust, which Kleiman alleges is comprised of coins collectively mined by his brother with Wright.