Craig Wright 99.999% Sure To Get Access To BTC From Tulip Trust
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Craig Wright 99.999% Sure To Get Access To BTC From Tulip Trust

January 22, 2020      Jyoti Singh

The Australian Computer scientist, Craig Wright, has been locked in a court battle with his former deceased partner, Dave Kleiman, over the ownership of blockchain-related intellectual property. Craig has claimed his stake over Dave Kleiman’s estate. According to reports, between 2008 and 2013, Wright and Kleiman have stashed over 1 million BTC.

In the year 2015, a document was exposed which shows that there was a trust named Tulip which holds 1.1 million bitcoins. Recently, the court ordered Wright to disclose all the essential information about the trust, but he claimed that he did not have a key for the list of the addresses that held the deposited funds in encrypted form.

In a recent interview, Craig said, “I am 99.999% and a few more 9s per cent certain that will be taking control of my BTC and whatever else.”

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The Ongoing Tulip Trust Saga

On December 31, 2019, Wright started turning in many of the undisclosed documents related to the structure of the Tulip Trust, and on January 06, 2020, Kleiman’s lawyers got its (Tulip Trust’s) third document which proves that there was the existence of three separate trusts.

Later, both the parties i.e., Kleiman’s lawyers and Wright, based on their arguments regarding certain parts of documents, decided to seal some confidential information. However, the court has ordered both the parties that their non-disclosing agreements should not become a hurdle during the discovery process.

The United States District Judge Beth Bloom has recently stated that many time Wright has delayed and obstructed the discovery process of the case. Bloom also told that whenever Wright was confronted, he (Wright) become very defensive. According to Bloom and another legal official in the case, Bruce Reinhart, Wright is a liar.

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While making a move the court’s order, on January 14, 2020, Wright’s team filed a notice of compliance, which stated, “Third-party has provided the necessary information and key slice to unlock the encrypted file, and Dr Wright has produced a list of his Bitcoin holdings.”

However, later Wright’s lawyer made it clear that the document only contained the wallet addresses of the Bitcoin fund and there was no private key as earlier claimed by Wright.

#bitcoin #Craig Wright #Crypto News #Dave Klieman #Tulip Trust
Jyoti Singh
Jyoti Singh

Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.