Search Coins

NFT Collection The Superlative Secret Society Price, Stats, and Review

cryptodaily.co.ukin 2 years
-2

Market Cap of Top Five Stablecoins Surges to New All-Time High of $204,700,000,000, According to Analyst

dailyhodl.com32 minutes ago
0

Ethena: Spot and derivative traders clash over ENA’s next move – Here’s why

ambcrypto.com33 minutes ago
0

Dogecoin To $2 Could Be Next If DOGE Holds This Level: Analyst

www.newsbtc.coman hour ago
0

5 Factors Behind Wall Street’s and Crypto’s Trillion-Dollar Market Meltdown

news.bitcoin.coman hour ago
0

How Floki’s 24-hour crash sparked huge whale accumulation

ambcrypto.coman hour ago
0

Crypto Outflows Continue as US Investors Pull Back: $876M in One Week

bitcoinist.coman hour ago
0

Ethereum drops over 10% – Can ETH hold the $2,000 line?

ambcrypto.com2 hours ago
0

EU Ministers Fear Trump’s Crypto Policies, Sources Say

news.bitcoin.com2 hours ago
0

Cathie Wood Predicts “Deflationary Boom” As Bitcoin Price Falls Below $80,000

coingape.com2 hours ago
0

Coinbase To Launch 24/7 Bitcoin and Ethereum Futures Contracts in ‘Next Evolution’ of US Markets

dailyhodl.com3 hours ago
0

Mapping Story’s [IP] next move: Traders, watch out for THIS level

ambcrypto.com3 hours ago
0

XRP Set For A ‘Life-Changing’ Month? Expert Sees $27 Incoming

Bitcoin Investors Extremely Fearful As BTC Kicks Week Off With 4% Drop

bitcoinist.com3 hours ago
0

Coinbase Derivatives to Launch 24/7 Bitcoin and Ethereum Futures

news.bitcoin.com3 hours ago
0

4 things must happen before Ethereum can reclaim $2,600

cointelegraph.com3 hours ago
0

Strategy shares down 30% since Saylor’s Forbes cover

cointelegraph.com3 hours ago
0

El Salvador Signs Major Agreement To Strengthen Crypto Regulations

coingape.com3 hours ago
0

Crypto needs policy change more than Bitcoin reserve — Execs

cointelegraph.com4 hours ago
0

JASMY retests resistance after collapse – Next stop: $0.0125?

ambcrypto.com4 hours ago
0

Dogecoin and Shiba Inu holders take a new kind of gamble on Rollblock’s 5,000% potential

crypto.news4 hours ago
0

MERK: The memecoin listed on CoinMarketCap and exchanges before its presale starts

crypto.news4 hours ago
0

Ethereum’s $1.8K Wake-Up Call: Can Tech Outshine Market Skepticism?

news.bitcoin.com4 hours ago
0

Bitcoin’s drop below $80K seen as short-term setback, says deVere CEO

crypto.news4 hours ago
0

Ethereum Price Maintains Movement Inside Ascending Triangle, Is Another Crash Coming?

www.newsbtc.com4 hours ago
0

Craig Wright Refuses to Share Key Documents in Court

Feb 13, 2020 6:00 PM +00:00
0
Every other week we witness a fresh twist in the longstanding courtroom farce that is Craig Wright vs Ira Kleiman. In this episode, Craig says he is ‘both exercising a right and fulfilling an obligation’, by not sharing over 10,000 documents with the court, in the case brought against him by the estate of Dave Kleiman.


Are Dissolved Companies Privileged?
The latest update follows on from Wright’s earlier insistence that he could not provide the requested documents due to the existence of client/attorney privilege.
Ira Kleiman, brother of Dave, argued that a dissolved corporation had no such privilege, and a large proportion of the documents related to dissolved corporations.
However, Wright now contends that both Florida (where the case is being heard) and Australian (where Wright originates) laws “hold that a corporation’s privilege is not extinguished upon a corporation’s dissolution.”
Is Craig Wright In Control?
Another of Kleiman’s arguments is that Wright is no longer in the corporations’ ‘control groups’, and is therefore unable to claim privilege on their behalf. But once again, Wright states that Florida law says “one does not need to be within the control group to assert privilege on behalf of a dissolved corporation.”

Furthermore, Wright contends that, under Australian law, he is still connected to the companies through his obligation to preserve their records. This gives him the authority to claim privilege of those records on behalf of the companies, he says.

Hence, producing the documents would require Wright to break Australian law, putting him in an ‘untenable position’.
Either One Or The Other
Kleiman has previously accused Wright of double-standards, in using the defunct companies as a both a sword (when asserting privileges) and a shield (“disavowing any control over those companies when it suits his interest”).
It is also interesting to note that Wright is incredibly protective over these specific documents, yet has intentionally spammed the plaintiff with over 20,000 unlabelled documents just days before a discovery deadline.
Craig Wright Should Drop the Act
This is just the latest update to a case that has taken so many twists and turns over the last year that it can seemingly get no more bizarre. Unless…
Wright, of course, wouldn’t be having to devote so much of his time to legal matters if he hadn’t chosen to ‘out’ himself as Satoshi Nakamoto.
In fact, if it wasn’t for his success in the McCormack case hinging on him actually being Satoshi Nakamoto, then most of his legal troubles would go away if he just dropped the act now. Although, he’s also perfectly able to walk away from the McCormack case, which he initiated, and live life as a free man again.
Just something to bear in mind.
What do you make of the latest Craig Wright lawsuit updates? Add your thoughts below!


Images via Shutterstock

Share This Article


Get the most out of CoinFi News!

Save coins into your Watchlist and be the first to know about the latest market moving news.