Court Orders ‘Bitcoin Inventor’ Craig Wright to Put Up or Shut Up


By CCN Markets: A Florida judge ordered Craig Wright — the self-proclaimed inventor of bitcoin — to put up or shut up if he wants to prove that he’s Satoshi Nakamoto.

In a June 14 motion to compel, federal magistrate judge Bruce Reinhart ordered Wright to produce a list of all the bitcoin he mined prior to December 31, 2013.

The judge set a June 17 deadline for Wright to produce the list of his bitcoin holdings — or else face court-ordered sanctions.

bitcoin inventor craig wright motion to compel

A Florida federal judge ordered Craig Wright to produce a list of all the bitcoin he mined prior to December 2013.

Judge to Craig Wright: Show Me the Money

In his decision, Judge Reinhart said Wright has not explained why he cannot obtain the necessary encryption keys to comply with his prior order. The judge was referring to his March 2019 ruling, when he directed Wright to produce the evidence.

At the time, Wright rattled off a laundry list of excuses for why he couldn’t comply. First, Wright claimed that he couldn’t produce the list because it’s “unduly burdensome.” He said this is because in 2010, he stopped keeping track of the public addresses for the bitcoin he had mined.

Then, Wright insisted that he had transferred ownership of all his bitcoin into a blind trust in 2011. However, the judge is now fed-up and wants Wright to produce evidence that sustains his contention that he is Satoshi Nakamoto. The judge wrote:

Read the full story on CCN.com.



Source link