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Wright tried to prove that he doesn't control the bitcoins he mined prior to 2013 due to blind trusts, secret sharing schemes and various other excuses. The cou
by dunkelheit 7y ago
Wright tried to prove that he doesn't control the bitcoins he mined prior to 2013 due to blind trusts, secret sharing schemes and various other excuses. The court ruled that this story is hogwash.
- DagAgren 7y agoThe actual situation is this: Wright does not control those bitcoins, because he is not Satoshi Nakamoto, just a conman. He tried to explain the fact that he can't control them with the nonsense story about blind trusts, which the court soundly rejected for being a very obvious lie. The court never decided on whether or not he was Satoshi Nakamoto, as both parties are happy to proceed on the assumption that he is.
- crtasm 7y agoExpanding on that, from TFA: "Reinhart said at the start of his ruling the court “is not required to decide, and does not decide” whether Wright is Nakamoto, and the court was not required to decide and did not decide how much bitcoin Wright controls today."
- Vespasian 7y agoMoney quote: "I completely reject Dr. Wright’s testimony about the alleged Tulip Trust, the alleged encrypted file, and his alleged inability to identify his bitcoin holdings. Dr. Wright’s story not only was not supported by other evidence in the record, it defies common sense and real-life experience." The Judge goes on to dismantle Wrights claims. He does not believe one bit of this fairy tail.