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Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense Skip to main content

Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense

Craig Wright Cleared of All Charges Except a Conversion Count, Jury Awards $100 Million to W&K Info Defense

The Kleiman v. Wright trial has come to a conclusion and Craig Wright and his defense team has won on all claims except one count of conversion. According to a court reporter, Craig Wright, the man who claims to be Satoshi Nakamoto, said he was “incredibly relieved.”

Craig Wright’s Defense Wins on All Claims Except Conversion — Wright Says ‘I’m Not Going Anywhere, I’m Here for the Long Term’

After the jury was deadlocked in the Kleiman v. Wright case for days last week, the jurors came to a decision on Monday, December 6, 2021. Craig Wright and his defense team from Rivero Mestre LLP have managed to beat all the charges except one count of conversion.

The jurors ruled that while Wright was cleared of most charges, he must pay $100 million to W&K Info Defense and no punitive damages. Carolina Bolado, the Law360 reporter at the trial, explained that Judge Beth Bloom commended the attorneys who provided “superb representation” to their clients. Bolado also detailed that Wright said he was “incredibly relieved.”

The plaintiffs, the Kleiman estate, accused Wright of manipulating his former business partner Dave Kleiman’s bitcoin inheritance and IP. The lawsuit’s preliminaries and discovery period dragged on for years, with all kinds of mystery in between.

Bitcoinsv (BSV) supporters celebrated Wright’s victory on social media platforms and forums. However, other crypto advocates criticized the publication Coingeek for reporting on the verdict in a bias manner. Coingeek author Jordan Atkins claims in his headline that “Bitcoin creator Craig Wright 100% Satoshi Nakamoto, says Kleiman v. Wright jury.”

“Thank you everyone for all your support over all of the years,” Wright said in a video response following the verdict. “This has been a remarkable good outcome and I feel completely vindicated. “Next, there are still more fights. Were going to make everything change… cryptocurrency to digital cash the way its meant to be. My original invention is coming back. I’m not going anywhere, I’m here for the long term and I’m here for the fight.”

Bitcoin Advocates Snark at Wright’s So-Called Win

A few other bitcoin advocates had different opinions of the outcome. Alistair Milne said: “Craig Wright found guilty of stealing his dead partner’s assets, fined $100mil.” The attorney Stephen Palley tweeted: “LOL. The people who think that getting hit with a $100 million jury verdict for conversion (stealing) is a win.”

“Craig Wright is a charlatan pretending to be Satoshi without proof and is getting sued by some other guy or something like that I don’t remember,” the co-founder of Dogecoin, Billy Markus tweeted. “Anyway the whole thing is dumb and my tweet was just making fun of morons who blame devs and founders for the current trading price.”

The attorney representing the Kleiman side seemed pleased with the verdict when he tweeted “100,000,000” with a smiley face emoji. “Craig Wright is now officially the most bankrupted Faketoshi ever,” the Twitter account Arthur van Pelt said. Is that a section in the Guinness Book of Records yet?” he further asked.

The lawsuit could see some type of appeal process stem from both sides of the case in regard to the jurors’ recent decision. The hoopla on social media is no different than any other day, as Wright’s supporters wholeheartedly believe the decision was a big win, Wright’s detractors think the case proved he did something wrong. Either way, the verdict will likely not change any minds with strong biases for or against Wright, and whether or not his Satoshi tales are true or false.

What do you think about the verdict in the Kleiman v. Wright trial? Let us know what you think about this subject in the comments section below.

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