The trial of Ira Kleiman v. Craig Wright is currently ongoing in Miami. The decision is expected from all over the world. At the heart of this case is the 1,1 million Bitcoins that are said to be under the control of the mysterious and currently unknown developer (or developers) of Bitcoin, Satoshi Nakamoto.
Central to Kleiman v. Wright's litigation is the ownership of these coins, which in turn will prove (in person) that Craig Wright is the mysterious Satoshi, something that has plagued the cryptocurrency community all these years.
Will a court ruling finally reveal the true identity of Satoshi Nakamoto? Or is it all a game?
Before referring to Satoshi's identity, we need to know some of the key information about litigation.
In 2016, Craig Wright claimed to be Satoshi Nakamoto, the pseudonym of the creator of Bitcoin. Wright's claim that he is the sole creator of Bitcoin would automatically turn him into an owner of 1,1 million Bitcoin, worth more than $ 66 billion.
However, Ira Kleiman's lawsuit alleges that Wright did not work alone on the project and that Ira Kleiman's late brother, David (a longtime friend of Wright), was the co-creator of Bitcoin. According to the lawsuit, Kleiman is entitled to half of the 1,1 million Bitcoin allegedly controlled by Craig Wright.
The court will therefore have to prove whether Wright and David Kleiman had any collaboration, especially while Wright was working on Bitcoin and their joint venture, W&K Info Defense Research, LLC.
The court does not specifically consider whether Craig Wright is Satoshi.
The lawsuit was first filed in 2018, and after many delays, the trial began on Monday, November 1, 2021.
Kleiman's lawyers seek to present a timeline that demonstrates the collaboration of David Kleiman and Craig Wright.
After Kleiman's death, Wright reportedly refused to cooperate.
Who is Satoshi Nakamoto?
It's the $ 66 billion question that the cryptocurrency community has been trying to answer for a decade. The Kleiman-Wright trial is the closest we've ever seen to many pieces of the puzzle coming into place.
Let's say that there are many who do not believe that Wright is Satoshi, and the easiest way to prove this is to transfer some of the locked Bitcoin, something Wright had the opportunity to do but did not do.
In addition, a separate court ruling in the United Kingdom required Wright to disclose the Bitcoin accounts he allegedly possessed. So after giving a list of Bitcoin wallet addresses he claimed to have, the list was published and there were a lot of reactions on the internet calling Wright a "liar and scammer".
Ira Kleiman's testimony today, Wednesday, November 3, is likely to be crucial to the Kleiman - Wright trial. The court is already moving at a fairly fast pace, and all eyes are now on the result.