Thread by @wizsecurity

Craig Wright's post-Kleiman narrative:

Craig: "Let's assume I own all these bitcoins"
Ira: "Sure (because I want half of that)"
Craig: "Okay, since we agree but I don't have any keys, the court will order other people to seize and reassign those coins to us"

Ehm... no?

Kleiman v Wright is a *civil* dispute to determine what Craig owes Dave's estate (even though the funds are imaginary, Craig was still ensnaring Dave's relatives in his schemes with lofty promises). It has zero bearing on any third parties.

Just because both parties agree that Craig and/or Dave mined coins doesn't mean the court certifies it as *true* or will help them *seize* coins. It just means those assumptions are not part of *their* dispute. No one else is bound by what *they* agree on.

In addition to saying he'll try to bribe the judge and jury to get his way, Craig makes it abundantly clear that no matter the outcome he will misrepresent it as a "court order" to reassign coins, presumably to add to his frivolous lawsuit against Bitcoin devs.

Such a court order is pure fantasy, of course. Even in the case of a complete victory for Ira, the court would in all likelihood just order Craig to pay the dollar value of the BTC amount in question (which they agree on), and it's entirely up to Craig to figure out how to pay.

Even the local Jonestown denizens seem to be struggling to see how any of Craig's bold assertions will happen, to which Craig only angrily insists that it will happen and ranting about encryption and that we are all fools for doubting him.

Okay.

TL;DR: Craig is either a complete moron or he thinks you are, and none of what he says is any more true no matter how angrily he spouts it. But this is what he thinks is his way out of the hole he dug for himself; just carry the whole mess into the next court case and keep going.

There's a very real possibility the jury might order Craig to pay BILLIONS that he never had, all because he can't admit to having made the whole thing up.

It's making a mockery of the legal system. It's also 𝓯𝓾𝓬𝓴𝓲𝓷𝓰 𝓹𝓸𝓮𝓽𝓻𝔂.✍️