Jury in Craig Wright lawsuit ‘cannot all agree on a verdict’

If jurors are still deadlocked, the court case between Australian Craig Wright (now deceased) and David Kleiman (his estate) over legal rights to Bitcoin mining by Satoshi Nakamoto may end in a mistrial.

Wright claims that he used Satoshi Nakamoto’s pseudonym when he invented Bitcoin. The estate of Kleiman, Wright’s associate sued him in 2018. They claimed that the pair had co-invented and mined Bitcoin together.

The following statement was made by the jury at Nov. 2nd, 2005, around 5 PM UTC

“Unfortunately, we can’t come to a consensus and we all cannot agree on a verdict regarding any of these questions.”

According to Carolina Bolada, a court reporter from Law360, the jury was still deadlocked at 10 PM UTC. They are expected to return tomorrow.

Judge Beth Bloom issued an Allen Charge instructing jurors to continue deliberating up until they reach a verdict. She stated, “I suggest you now carefully reexamine all the evidence in view of the court’s instructions on law.”

The judge can declare a mistrial if the jury fails to reach a verdict.

There are huge stakes involved in this case. Each side claims that Wright is Satoshi. However, they disagree over ownership of the 1.1 million Bitcoins (BTC) mined during the case. Today, the 1.1 million BTC are worth $62,568,836,000.

Related: Did Satoshi themselves respond to the Bitcoin whitepaper Satoshi? The theory in depth

David Kleiman’s brother, Ira, argued in court on behalf of the estate. He claimed that Wright violated an oral agreement to mine Bitcoins and jointly develop its technology.

Wright claims there was no such partnership. Kleiman at best proofread the Bitcoin whitepaper, since he wasn’t a developer and couldn’t have debugged Bitcoin code.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

Eileen Wilson

Eileen Wilson –Technology and Energy My Name is Eileen Wilson with more than 5 years of experience in the Stock market industry, I am energetic about Technology news, started my career as an author then, later climbing my way up towards success into senior positions. I can consider myself as the backbone behind the success and growth of topmagazinewire.com with a dream to expand the reach out of the industry on a global scale. I am also a contributor and an editor of the Technology and Energy category. I experienced a critical analysis of companies and extracted the most noteworthy information for our vibrant investor network.

2021's Most Anticipated Growth & Wealth-Building Opportunity

Join Thousands of Early Adopters Just Like You Who Want to Grow Capital and Truly Understand Cryptocurrency Together

Close Bitnami banner
Bitnami