A lawsuit between Australian Craig Wright and his late friend David Kleiman’s estate for tens of billions of dollars of legal rights to bitcoin mined by Satoshi Nakamoto could lead to a flawed trial if the jury is left confused.
Wright claims that he used the pseudonym Satoshi Nakamoto when he invented Bitcoin. The case in question began in 2018 when his partner Kleiman sued him on the grounds that the couple were partners who together invented and mined bitcoin.
At approximately 17:00. On November 2, UTC, the jury stumped by making the following statement:
“Unfortunately, we cannot come to any conclusion, and we cannot all agree on a verdict on any of the issues.”
As of 22:00. UTC, the jury is at a standstill and is due to return tomorrow, court reporter Carolina Polada of Law360 said.
Judge Beth Bloom issued an indictment against Allen, in which she asked the jury to continue the discussion before sentencing. “I invite you to carefully study and analyze all the evidence in the light of the court order against the law,” she said.
However, if the jury is still unable to reach a verdict, the judge can declare the trial to be false.
The stakes are high in this case. Both sides claim that Wright is Satoshi, but they have disagreements over the ownership of the 1.1 million bitcoin (BTC) mined at the time. As of today, these 1.1 million BTC are worth $ 62,568,836,000.
On the subject: Was Satoshi himself the first to respond to the Bitcoin whitepaper? advanced theory
In court, David Kleiman’s brother, Ira, claimed on behalf of the estate that Wright had violated an oral agreement with David to jointly mine bitcoins and develop his technology.
Wright argues that there is no such partnership, and that Kleiman did not read any more of the Bitcoin working paper because he was not a developer and could not debug the Bitcoin code.