Contrary to his previous statement that he would obey the court ruling, the new filing suggests the controversial crypto investor is gearing up to challenge the court’s decision.

Craig Wright who once claimed to be long-sought Bitcoin founder Satoshi Nakamoto is taking the necessary steps to challenge a ruling ordering him to hand over 50% of his approximated $10 billion worth of Bitcoin (BTC) to the estate of his deceased commercial enterprise companion, Dave Kleiman. Wright has asked the court to extend the time allowed to file and serve his response.

Seeking extension of time

Due to bad weather in Florida, Wright argues that his attorneys need 14 more days to prepare for the case.

“Dr. Craig Wright respectfully requests a fourteen-day extension of time to file a motion with the district court judge challenging Magistrate Reinhart’s August 27th order. In support of this request, Dr. Wright states as follows:

  1. On August 27, 2019, Magistrate Reinhart issued an order deeming as established certain facts that go to the heart of this case and striking eight of Dr. Wright’s affirmative defenses.

  2.  Dr. Wright does not concede that Magistrate Reinhardt had the power to enter the order that he did. However, the time frame that arguably could apply to addressing the legal validity of the purported order would be the 14-day time frame set forth in Rule 72 of the Federal Rules of Civil Procedure.

Filed in West Palm Beach, Florida, on 14 February 2018, the suit, filed on behalf of Ira Kleiman, Dave’s brother, claims the Australian-born computer programmer formed a BTC-mining business with the late Dave Kleiman. Kleiman was a computer forensic expert believed to be one of the first Bitcoin and blockchain technology developers.

According to the plaintiff, the duo mined up to 1 million Bitcoin. The lawsuit also claims Wright backdated and faked a series of contracts that ‎purported to transfer Kleinman’s assets to his associate companies.

Get the latest Bitcoin News on The Bitcoin News
Our Social Networks:
Facebook Instagram Pinterest Reddit Telegram Twitter Youtube