We don't dabble in trading scamcoins here. (Edit: by this I mean BSV)
Much like the whole white paper copyright registration fake news, this is simply a pump capitalizing on false pretenses. This time, Craig's defense says the judge's sanctions were inappropriate because he could not disclose his bitcoin holdings until after receiving "the remaining cryptographic slice" from the bonded courier. The appellate court overseeing the issue agreed that they should wait until February 3rd for the courier to appear before slamming him with a half million bitcoin debt to Ira Kleiman.
However, most of what the court had to say about Wright wasn't very kind.
The Court notes that although the Defendant was ordered to produce all documents related to the blind trust by May 9, 2019, the Defendant had still failed to timely produce all documents that he had in his possession as of the evidentiary hearing date. In fact, as late as January 6, 2020, it was the Plaintiff who advised the Court that the Defendant produced another document purportedly related to the blind trusts. Plaintiffs advise that the Defendant has not provided any explanation as to the document’s late disclosure. At the status conference on January 9, 2020, Plaintiffs also called into question the document’s authenticity.
...the sole evidence put forward to establish the Defendant’s claim of impossibility, his own testimony, was found not to be credible by Judge Reinhart... (“I completely reject Dr. Wright’s testimony about the alleged Tulip Trust, the alleged encrypted file, and his inability to identify his bitcoin holdings . . . During his testimony, Dr. Wright’s demeanor did not impress me as someone who was telling the truth.”).
The Court has also reviewed the transcripts from the Evidentiary Hearing held by Judge Reinhart and agrees with his credibility findings relating to Defendant. Indeed, in answering opposing counsel’s questions, the Defendant was evasive, refused to give and interpret words in their very basic meanings, was combative, and became defensive when confronted with previous inconsistencies.
...the Court has no doubt that the Plaintiffs were prejudiced by the Defendant’s antics. It is clear to the Court that the Defendant’s conduct was anything but substantially justified or harmless. Defendant’s conduct delayed and obstructed the discovery process of this case, wasted valuable time and resources in litigating this issue, and prevented the Plaintiff from obtaining evidence that the Magistrate Judge found relevant to the Plaintiffs’ claims. Therefore, the Court rejects the Defendants’ argument that no prejudice has been suffered by the Plaintiffs as a result of the Defendant’s conduct. Such argument is entirely devoid of merit.
Finally, the Defendant argues that at minimum he “should have been afforded the opportunity to wait until [the date the bonded courier is set to come] to see if he receives the key slices to generate the list of his bitcoin holdings, which he could then provide to plaintiffs.” Defendant contends that in the event this occurs, “even plaintiffs would have to concede that Dr. Wright’s inability to do the impossible and comply with the discovery order caused them absolutely no prejudice.” Given the Defendant’s many inconsistencies and misstatements, the Court questions whether it is remotely plausible that the mysterious “bonded courier” is going to arrive, yet alone that he will arrive in January 2020 as the Defendant now contends. However, given that the Defendant maintains that he should at least be afforded this opportunity, the Court will indulge him this much.
https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.373.0.pdfThe court order, while stating that Judge Reinhart's sanctions on Wright had been "improperly imposed," is still just a slam on Wright that is being cleverly re-interpreted to fool people into thinking that Wright is going to produce evidence that a bonded courier is scheduled to deliver cryptographic "slices" proving that he owns Satoshi's bitcoin stash.
Spoiler alert: He won't.
Basically, nothing new here.
Short BSV if you can.