Craig Wright does not want to pay 500000 bitcoins by court order and asks for a deferment

craig wrignt 500000

Craig Wright, an Australian entrepreneur and self-proclaimed creator of bitcoin, has requested a deferral of execution of a court order as part of a lawsuit with the family of his former business partner Dave Kleiman.

On September 17, Wright’s lawyers filed the relevant documents, citing the need to discuss possibilities for resolving the dispute with the plaintiff. According to the submitted documents, the parties have already concluded a non-binding agreement on the further solution of the problem out of court and continue to discuss the details.

By court decision, the defendant must transfer to the Kleiman family half of the bitcoins mined with him, the total value of which, provided that Wright is who he claims to be, is $ 10 billion.

Wright’s representatives now state that the settlement of the conflict is in the interests of both parties, and they ask for a 30-day delay.

Earlier in the course of the trial, the judge decided that Wright was not trustworthy, and refused to reject or recognize him as the creator of Bitcoin.

Wright, in turn, stated that payment of the declared amount to the Claimans could result in a heavy tax burden for them, to get rid of which they would have to sell a large amount of bitcoins.

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