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Topic: [2019-08-27] Craig Wright loses Kleiman case—billions in Bitcoin awarded to Klei (Read 623 times)

sr. member
Activity: 1974
Merit: 453
We have people who believe that the earth is flat. And there are tens of millions (or even hundreds of millions) who don't believe in the theory of evolution. When we have such low IQ people in this planet, it is not very surprising for me to find sizable number of individuals who would believe that the criminal Craig Wright is the real Satoshi Nakamoto.  
1000% agree on what you had said which no matter how many or majority would think up the same there would always be those dumb persons who do believe in him.

It is a deadly combination of lack of information and lack of intelligence. Bitcoin is a relatively new asset, as it is just 10 years old. So naturally we can't expect a lot of people to have a good amount of knowledge about it. And provided the huge amount of propaganda available in the social media which favors Craig Wright, I am not surprised on seeing so many people supporting him.
full member
Activity: 602
Merit: 100
That guy really deserved what happened to him haha. After this decision, I found a meme showing Faketoshi's picture with a caption the he is the true creator of Facebook and Libra. But seriously, Craig Wright should be prisoned so his minions won't let his token still grow and shown in the cmc and attract more dumb investors to buy it.
hero member
Activity: 2786
Merit: 646
Criminal or no criminal, the man has gotten into some hot soup here.
How is he going to cough out all that money?
He'll soon go bankrupt to say the least.

Do you really expect this wicked individual to pay any money at all? The first option for him is to go for appeal in the higher courts. That will give him precious amount of time, to commit more fraud and squeeze out money from the unsuspecting investor. Another option is to flee to some country which doesn't have an extradition treaty with the United States. As John McAfee found out, this is not a very wise move. Declaring bankruptcy is the third option, although I don't think that CSW is ready for that yet.
Among on the 3 options you had stated,i would go for option 2 even though it isn't wise but he wont have any choice unless if he do able to crack satoshis wallet. hehe

We have people who believe that the earth is flat. And there are tens of millions (or even hundreds of millions) who don't believe in the theory of evolution. When we have such low IQ people in this planet, it is not very surprising for me to find sizable number of individuals who would believe that the criminal Craig Wright is the real Satoshi Nakamoto.  
1000% agree on what you had said which no matter how many or majority would think up the same there would always be those dumb persons who do believe in him.
legendary
Activity: 3654
Merit: 1217
Criminal or no criminal, the man has gotten into some hot soup here.
How is he going to cough out all that money?
He'll soon go bankrupt to say the least.

Do you really expect this wicked individual to pay any money at all? The first option for him is to go for appeal in the higher courts. That will give him precious amount of time, to commit more fraud and squeeze out money from the unsuspecting investor. Another option is to flee to some country which doesn't have an extradition treaty with the United States. As John McAfee found out, this is not a very wise move. Declaring bankruptcy is the third option, although I don't think that CSW is ready for that yet.
hero member
Activity: 2128
Merit: 524
Criminal or no criminal, the man has gotten into some hot soup here.
How is he going to cough out all that money?
He'll soon go bankrupt to say the least.

He probably can still go to higher instances and argue the case again or can't he? If he can't he'll try to buy time. He'll get sick and hire lawyers to help him find new excuises.
Usually cases like his take a lot longer. He'll never shut up that's for sure. He lost the battle but in his mind the war is still going on.
full member
Activity: 149
Merit: 100
send &receive money instantly with no hidden cost
Criminal or no criminal, the man has gotten into some hot soup here.
How is he going to cough out all that money?
He'll soon go bankrupt to say the least.
sr. member
Activity: 1974
Merit: 453
As Bitcoin grows in popularity, the number of users will increase from the current level of ~200 million. Within a few years we'll be having billions of users. And if Craig Wright is able to control at least 10% of them, it will give him an enormous amount of power.
You're giving Craig far too much credit here. Most of the "support" that BSV enjoys consists of bots, and then there on a much smaller scale are some imbeciles of human beings too weak minded to figure out that he is a scam. BSV army is very similar to XRP where the wealthy backers finance this fake sense of reality.

We have people who believe that the earth is flat. And there are tens of millions (or even hundreds of millions) who don't believe in the theory of evolution. When we have such low IQ people in this planet, it is not very surprising for me to find sizable number of individuals who would believe that the criminal Craig Wright is the real Satoshi Nakamoto.  
legendary
Activity: 2170
Merit: 1427
As Bitcoin grows in popularity, the number of users will increase from the current level of ~200 million. Within a few years we'll be having billions of users. And if Craig Wright is able to control at least 10% of them, it will give him an enormous amount of power.
You're giving Craig far too much credit here. Most of the "support" that BSV enjoys consists of bots, and then there on a much smaller scale are some imbeciles of human beings too weak minded to figure out that he is a scam. BSV army is very similar to XRP where the wealthy backers finance this fake sense of reality.

The only way to end this sham is to reveal the real identity of Satoshi Nakamoto.
False. The only way to end this nonsense is to stop caring about it. Craig loves this drama. Bad news is good news for him. You taking him so serious is a problem on its own too. It means that his tactics are working.  Roll Eyes
legendary
Activity: 3654
Merit: 1217
@bryant.coleman. I reckon that it might be a good time to speculate on doing some short selling on bitcoin SV hehe.

However, what is Craig Wright's real plan in this situation? He knows he was going to lose the case. Is he that foolish?
In my opinion, it's time for Craig Wright to give up claims in the name of Satoshi Nakamoto. He went too far and drove himself into a corner. He probably does not have access to Satoshi Nakamoto's bitcoins. The amount that he was obliged to pay is unbearable for the average person. However, it is interesting what he will do next. With any scenario, Craig Wright loses.

I don't think that he'll ever give up the claim of being Satoshi Nakamoto. Why should he? If somehow he could create doubt in the minds of users, there will be a small minority who is ready to believe that he is the real Satoshi. This "small minority" may number around 10% of the Bitcoin users right now (my wild guess). And this corresponds to approx. 20 million users.

As Bitcoin grows in popularity, the number of users will increase from the current level of ~200 million. Within a few years we'll be having billions of users. And if Craig Wright is able to control at least 10% of them, it will give him an enormous amount of power. The only way to end this sham is to reveal the real identity of Satoshi Nakamoto.
legendary
Activity: 2170
Merit: 1427
I have a question, if faketoshi has no control over bitcoins, how can the judge condemn him? Who can prove that faketoshi has control of the bitcoins?

No one can prove having control over the funds until the actual owner of these funds pops up someday, which isn't likely. This scammer uses a wallet client that can sign fake messages and whatnot from an address he desires. It's pretty much the same concept as the fake bank apps where a lot of people have been scammed with thinking that money has been wired, while in reality nothing has been wired at all because it's a fake app.

He used that to convince a BBC reporter in 2016 that he is Satoshi by supposedly signing a message from the address that is known to be the first ever transaction; https://www.youtube.com/watch?v=5DCAC1j2HTY
sr. member
Activity: 1974
Merit: 453
In my opinion, it's time for Craig Wright to give up claims in the name of Satoshi Nakamoto. He went too far and drove himself into a corner. He probably does not have access to Satoshi Nakamoto's bitcoins. The amount that he was obliged to pay is unbearable for the average person. However, it is interesting what he will do next. With any scenario, Craig Wright loses.

The most possible scenario is that Craig Wright would file an appeal against this decision in the higher courts. He can also argue that the American courts don't have jurisdiction over this. A third option is to declare bankruptcy.  Grin

But I don't think that he'll ever give up claims of being Satoshi Nakamoto. Because it gives him a claim on BTC980,000. At current rates, they are worth more than $10 billion. And god knows how much they'll be worth in the future.
full member
Activity: 2044
Merit: 180
Chainjoes.com
@bryant.coleman. I reckon that it might be a good time to speculate on doing some short selling on bitcoin SV hehe.

However, what is Craig Wright's real plan in this situation? He knows he was going to lose the case. Is he that foolish?
In my opinion, it's time for Craig Wright to give up claims in the name of Satoshi Nakamoto. He went too far and drove himself into a corner. He probably does not have access to Satoshi Nakamoto's bitcoins. The amount that he was obliged to pay is unbearable for the average person. However, it is interesting what he will do next. With any scenario, Craig Wright loses.
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
frankly, Faketoshi has been the biggest source of income for bitcoin-related news channels and has been the biggest joke to the crypto world. he only loses to Tom Lee, John McAfee and Bilal Khalid ( Pakistani Man )

In the last 3 days, faketoshi has been catching the attention of the news channels:

Craig Wright Challenges Court Order Requiring Him to Pay 500K Bitcoin

Spelling the judge’s name wrong in the document, Rivero stated that Wright “does not concede that Magistrate Reinhardt had the power to enter the order that he did” — adding that entrepreneur’s legal team will need an additional 14 days to address the legal validity of the order.

Kleiman Files — Craig Wright Controversy Gets Complicated

Calvin Ayre Falsely Claims Court Ruled Craig Wright Invented Bitcoin

I have a question, if faketoshi has no control over bitcoins, how can the judge condemn him? Who can prove that faketoshi has control of the bitcoins?
legendary
Activity: 2940
Merit: 7892
Nothing really happend here: The default 'order' from the Magistrate to the judge is very usual  a 50:50 in a civil case, where they have no clue who is right ...

 Roll Eyes

The judge ruled in favor of the plaintiff. It's 50:50 because that's what the plaintiff asked for.
They have "no clue who is right" because Craig made it impossible for the judge to carry out an impartial trial. Due to his constant lies, forgeries and frauds, the judge nuked Wright's defense, ruling in favor of the plaintiff.

"Very usual" indeed.  Roll Eyes
legendary
Activity: 3430
Merit: 3071
All bitcoin transaction can be seen by anyone and transaction with 550000 BTC certainly is very rare.

The sender or receiver can confirm it simply sign a message with necessary information (TX ID, court order, etc.)

yeah, wright sure knows how to provide people with signed messages from the blockchain Cheesy


who wants to bet the next court case will be wright vs kleiman 2020, "where's the 550,000 BTC tx, craig" vs "why here it is, and here is the script that proves it was signed using this public key..."


couldn't he just do this forever? I've changed my mind about this case; I hope wright keeps up the shenanigans, keeps suing/getting sued and bankrupts the DOJ in the process
member
Activity: 980
Merit: 62
Craig Wright loses Kleiman case—billions in Bitcoin awarded to Kleiman estate

Craig Wright lost the Kleiman case. The judge ordered Wright to part with half of his pre-2014 Bitcoin—worth over $5 billion—to the Kleiman estate, alongside considerable intellectual property

https://cryptoslate.com/craig-wright-loses-kleiman-case-billions-bitcoin-awarded/

This is so fake news.
The judge cannot order Wright to send Bitcoins to another person.
And also how is he going to see that his order has been executed?
I don't like Craig Wright but I think that the media has started to spreading fake news in order to get more views, as Craig Wright is always a noticeable topic for them.
legendary
Activity: 3724
Merit: 3063
Leave no FUD unchallenged
Just want to say, I totally called it:

so you're saying "a liar lied again"

that was an incredible prediction, any gambling tips?

Well, yeah, it wasn't a huge leap.  But are most liars brazen and/or stupid enough to do it in a court of law, though?  I figured he was.  And he didn't let me down in my estimations of him.
legendary
Activity: 3430
Merit: 3071
Just want to say, I totally called it:

so you're saying "a liar lied again"

that was an incredible prediction, any gambling tips?
legendary
Activity: 3724
Merit: 3063
Leave no FUD unchallenged
Just want to say, I totally called it:

Since he is a compulsive liar, hopefully he'll take this opportunity to perjure himself

Today, the judge reaffirmed that Craig Wright was indeed acting in bad faith in court. The judge rejected Wright’s testimony, found that he perjured himself



hv_
legendary
Activity: 2506
Merit: 1055
Clean Code and Scale
Nothing really happend here: The default 'order' from the Magistrate to the judge is very usual  a 50:50 in a civil case, where they have no clue who is right ...

 Roll Eyes
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