The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Confirmed: Judge Seals the Deal on Craig Wright, Orders $5 Billion Bitcoin Transfer

by Daily Hodl Staff
August 28, 2019
in Bitcoin

A Florida judge has now filed an official order declaring that self-professed Bitcoin inventor Craig Wright must hand half of his estimated $10 billion Bitcoin holdingsĀ to the estate of his late business partner, Dave Kleiman.

Judge Bruce E. Reinhart says he doubts Wright told the truth in court, may have forged documents and will now have to surrender an estimated 500,000 BTC worth more than $5 billion at time of publishing.

“During his testimony, Dr. Wright’s demeanor did not impress me as someone who was telling the truth. When it was favorable to him, Dr. Wright appeared to have an excellent memory and a scrupulous attention to detail. Otherwise, Dr. Wright was belligerent and evasive. He did not directly and clearly respond to questions. He quibbled about irrelevant technicalities.

When confronted with evidence indicating that certain documents had been fabricated or altered, he became extremely defensive, tried to sidestep questioning, and ultimately made vague comments about his systems being hacked and others having access to his computers. None of these excuses were corroborated by other evidence…

For purposes of this action, it is established that Dr. Wright and David Kleiman entered into a 50/50 partnership to develop Bitcoin intellectual property and to mine bitcoin.

Any Bitcoin-related intellectual property developed by Dr. Wright prior to David Kleiman’s death was property of the partnership. All Bitcoin mined by Dr. Wright prior to David Kleiman’s death (ā€œthe partnership’s bitcoinā€) was property of the partnership when mined.”

The new ruling does not address or determine whether Wright is the anonymous creator of Bitcoin who went by the code name Satoshi Nakamoto.

In an interview with Modern Consensus that was conducted shortly after reports of the court order began to spread, Wright said he will comply with the order. However, in his testimony, he said he’s not sure whether he can locate or access all of his BTC.

[the_ad id="42537"] [the_ad id="42536"]
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Moca Network Launches MocaProof Beta, the Digital Identity Verification and Reward Platform
    December 8, 2025
  • Dregan AI Sets a New Standard for Meme Tokens With AI-Powered Utility
    December 8, 2025
  • SemiLiquid Unveils Programmable Credit Protocol, Built With Avalanche, Advancing Institutional Credit on Tokenized Collateral
    December 8, 2025
  • Veles Introduces Enhanced Version of Its Cryptocurrency Backtesting Tools
    December 8, 2025
  • Sonami Launches First Layer-Two Token on Solana To Ensure Transaction Efficiency and End Congestion Spikes
    December 8, 2025
  • BC.GAME’s ā€˜Stay Untamed’ Breakpoint Eve Party Tops 1,200 Sign-Ups, With DubVision and Mari Ferrari Headlining
    December 7, 2025
  • Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails
    December 5, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$90,076.13
$90,076.13
1.52%
Ethereum
$3,104.95
$3,104.95
0.88%
BNB
$893.27
$893.27
1.06%
Solana
$133.98
$133.98
1.13%
XRP
$2.07
$2.07
1.43%

Spotlight

  • $426,000,000 in Bitcoin and Crypto Liquidated As BTC Drops To $87,000
    December 1, 2025
  • Fraudster Drains $1,128,233 From US Government After Faking Company Losses: Department of Justice
    December 1, 2025
  • House Republicans Release 53-Page Report Accusing Biden Administration Regulators of Pressuring Banks to Avoid Crypto
    December 1, 2025
  • Ohio Man Escapes With $13,000 After Stuffing Bank Account With Fraudulent Wire Transfer: Report
    December 2, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT Ā© 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

Ā© 2025 The Daily Hodl