Cryptocurrencies

You’ve been served: Jeff Garzik tweets about Craig Wright, Bitcoin lawsuit

Jeff Garzik, a software engineer often credited with helping in the creation of Bitcoin, has been subpoenaed by a US District Court in connection with a lawsuit against Craig Wright.

He is being asked to shed some light on claims that the late David Kleiman was Satoshi Nakamoto, Bitcoin’s anonymous creator. This revolves around the family of Kleiman accusing Wright of stealing more than one million Bitcoins after the former died.

Late last year, a dismissal request submitted by Wright was rejected in part by the court. Kleiman died on 26th April 2013, and it was at this time that Wright contacted his estate offering his help to dispose of the aforementioned Bitcoin fortune. He did so in part, but did not return the funds, the family says.

The news of Wright’s appeal for dismissal being denied came after a court document was published online on 27th December. The document read: “The Court has considered the Motion, the record, the parties’ briefs, and the applicable law. For the reasons that follow, the Motion is granted in part and denied in part.”

It went on to detail how, “Craig used the private keys that Dave and Craig shared to move the Bitcoins out of their wallets and then claimed to own the Bitcoins really owned by W&K and/or Dave by creating a series of fraudulent contracts and documents. Craig then moved the stolen Bitcoin into trusts only known and controlled by him for use in making large trades for his Australian business.”

(Note: W&K is David Kleiman’s Info and Defence Research LLC business).

The details of the case are extensive; however, in the end, Judge Bloom ruled that “Counts III and IV of Plaintiffs’ Amended Complaint, ECF No. [33], are dismissed with prejudice,” but Wright still must answer to “Counts, I, II, V-IX.”

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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