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$100m judgement, he may settle it (vs deal with appeals) for a different amount. Wright has scored some extremely wealthy sponsors who have been loaning wright
by nullc 5y ago
$100m judgement, he may settle it (vs deal with appeals) for a different amount.
Wright has scored some extremely wealthy sponsors who have been loaning wright money in exchange for a share in his fictional treasure. So I think it's possible that he'll actually be able to pay for a settlement in this case using their money.
It's an astronomical amount of money, but the amounts of money being pumped into wrights con have been astronomical for a long time. $100m wouldn't even be particularly disproportionate compared to what's gone into propping up TAAL, for example.
It's also possible-- even likely-- that he just won't pay it. I believe he still owes $60k-ish for a judgement for legal fees in an action in Norway, which he's owed for well over a year. He went over a year before paying legal fees he owed Adam Back for an aborted defamation lawsuit against Back.
Civil recovery can be spotty at the best of times, and in this case we're talking about someone whos already fled one country to escape his legal problems and has established citizenship in a location known to block extraditions for criminals (including Wright's business partner / primary victim, Calvin Ayre who spent a decade on DHS's most wanted list).