Craig Wright, the notorious creator of Bitcoin SV, failed to disclose his Bitcoin holdings in spite of an order from a Florida court. The self-proclaimed Satoshi Nakamoto could be sentenced to up to six months in prison and will face a contempt hearing on June 28.
Wright ignores court orders to disclose BTC holdings
The Craig Wright saga has been one of the most heavily covered topics in the crypto industry for months and it still shows no signs of stopping. Wright, the creator of Bitcoin SV and self-proclaimed Satoshi Nakamoto, has been serving lawsuits to everyone and anyone that questions his widely disputed claims, especially those around his status as Satoshi Nakamoto, despite being involved in a rather serious legal battle.
Namely, Wright has been embroiled in a lawsuit with Ira Kleiman, brother of the late David Kleiman, who he claims helped him develop Bitcoin. Back in May, a U.S. court ordered Wright to disclose the list of the public Bitcoin addresses he held as of Dec. 31, 2013.
However, Devin Freedman, a legal representative of Boies Schiller Flexner law firm, said that Wright failed to disclose his holdings. He added that, as he has not complied with court orders, Wright will be forced to appear before a judge and explain why he shouldn’t be held in contempt of the court.
Craig Wright hasn’t complied with the court’s order to list his bitcoin as of 12/31/13. He remains under an order to show cause why J. Reinhart shouldn’t issue sanctions under R.37 & order him to appear before J. Bloom to explain why he shouldn’t be held in contempt. @KyleWRoche
— Vel Freedman (@VelvelFreedman) June 21, 2019
A thin defense
According to Daniel Kelman,