A Florida court dismissed self-proclaimed bitcoin inventor Craig Wright’s motion to dismiss a $10B lawsuit filed by Dave Kleiman’s estate. | Source: CoinGeek/YouTube
By CCN Markets: A Florida federal court denied a motion by self-proclaimed bitcoin inventor Craig Wright challenging the court’s jurisdiction over the $10 billion lawsuit filed against him by the estate of Dave Kleiman.
In her ruling, Judge Beth Bloom said Wright failed to show that her court lacked subject matter jurisdiction over the case. This means the lawsuit will move forward.
Judge: My court has the right to hear this case
In her order denying Wright’s motion, Bloom derisively pointed out several instances where the Australian crypto entrepreneur made conflicting statements about who were the owners of W&K Info Defense Research.
W&K was the Florida-based company that Wright and his former colleague, deceased computer genius Dave Kleiman, had collaborated on before Kleiman died in 2013.
According to the 2018 lawsuit filed against Wright by Dave’s brother, Ira Kleiman, Dave owned 50% to 100% of W&K. W&K presumably stands for the first letters of Wright and Kleiman’s surnames.
During their collaboration that started in 2008, the two friends worked on blockchain technologies and mined 1.1 million bitcoin. Wright never shared that massive bitcoin fortune with Kleiman’s estate after he died, according to the lawsuit.
Many on Crypto Twitter gleefully mocked Wright for losing his motion. However, the judge’s order doesn’t mean she has determined that Craig Wright is not Satoshi Nakamoto. The court order doesn’t even broach that topic.