Kleiman v. Wright is back up again today with Craig Wright still on the stand being questioned be Ira Kleiman's attorneys. We're not sure how long he'll still be on the stand after lunch; Kleiman's attorney said it depends on how lengthy Wright's answers are.
But direct examination could continue for the rest of the day. Wright's attorneys so far have indicated to the court that they don't plan to cross-examine him, but they reserve the right to change their mind of course.
This morning has been largely about W&K Info Defense's software IP, how much it was worth, where it was transferred, etc.
A valuation done in 2014/15(? -- didn't quite get the date) said an "extremely conservative" valuation pegged the IP at AUS$276,268,599
The jurors were also shown a Baker & McKenzie analysis of DeMorgan Group's IP that we've already seen in the trial that said there is a "material risk that relevant rights may be owned by third parties...One key third party...is W&K."
Wright reiterated that he offered Kleiman the opportunity to be a part of growing Coin-Exch, in which Dave Kleiman held shares. He could have appointed a director, been involved, etc.
Wright: "That man didn't want to hold bitcoin. He didn't want to hold assets. He didn't want to build, didn't want to grow. He wanted to strip it, he wanted to loot it, he wanted to take it and basically eviscerate it so that he can sit there drinking mai tais."
He says he offered Ira Kleiman $12 million but Kleiman refused
Wright has talked to the jury a lot about how he's built companies, said that had the Australian government not managed to shut him down, his Coin-Exch could've been what Coinbase is today.
Wright said that had Ira Kleiman wanted to use the W&K IP to build something, to hire staff and "watch something grow from nothing," he could have, but Kleiman's attorney pointed out that by that point all of W&K's IP had been transferred to Wright's trusts.
Wright also got reprimanded by the judge for using "gutter language" in some of his testimony. He was told quite sternly that if he did that again, she would scold him in front of the jury next time.
Jurors were just shown this Slack message, from Oct. 20, 2021. In the message, Wright says "this is the intellectual property within the Kleiman case."
His response is long and a bit convoluted. Says Kleiman is misrepresenting what he says here. Says it's not about the software's value, but about the value of the potential damages claims in lawsuits he could bring against companies changing the bitcoin protocol.
Right now Kleiman's attorneys are going through a bunch of emails and admitting them into evidence, not really dwelling on them, but just asking Wright if he recognizes them and then admitting them. Basically this is all just additional evidence for the jury.
We're not getting the zoomed in view of the emails on the TVs in the courtroom, so it's a little hard to follow from the back rows.
Wright: "I have not forged any emails."
Wright is asked if he is a multibillionaire. He says technically no, that his wife is. He adds that there is a covenant over the funds in the trust.
98 percent of the money in the trust is covenanted for his idea to help the poorest people in the world get digital assets
"I want a system that will enable those poorest billion to prove they own their shantytowns. They will own their property, they will be able to get loans against it. So technically although I control those assets, they are bound."
No further questions for Wright, and his attorneys have no cross-examination, so we're on to what is expected to be the plaintiffs' final witness: Dr. Matthew Edman, a digital forensics expert.
It appears we're going to go through the metadata and cryptographic signatures of emails one by one. First up is an email purportedly from Dave Kleiman to Craig that Edman says was created Feb. 28 2014, well after Dave died.

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More from @CarolinaBolado

10 Nov
Back in court today for Kleiman v. Wright, where Craig Wright will continue testifying. Here's @Law360's story about yesterday's proceedings: law360.com/articles/14394…
They haven't brought in the jury yet, as the parties are fighting over whether or not to introduce statements Wright has made in a Slack channel, some during the trial. Kleiman wants to show them to the jury, Wright's attorneys are fighting this.
Wright's attorney says had they known that the Slack channel was being monitored, they would've advised Wright that his statements there could be used against him. She also says that the request to introduce the statements is untimely.
Read 26 tweets
4 Nov
So a quick rundown of the Kleiman v. Wright trial today: it was cross-examination of Ira Kleiman all day.
Wright's attorneys went through a few topics, including Dave Kleiman's declining health, his personal finances (which were in very bad shape), and Ira's use of the devices he'd found in Dave's house
Wright's attorney showed jurors a slew of emails from 2008 before the bitcoin white paper was released in Oct in which Dave Kleiman told Wright and others that he was not doing well health-wise and was having trouble getting work done
Read 11 tweets
3 Nov
Ira Kleiman is on the stand now in the Kleiman v. Wright trial, telling jurors about his communications with Craig Wright as well as with the Australian Tax Office
He first reached out to Craig Wright in Feb. 2014 saying that he had heard his brother Dave had worked with Wright. "I just think it would be cool to know that David played a part in creating something so incredible."
Craig's replied in an email to Ira that Dave was involved in the bitcoin white paper. "He had the vistomail account, I had the gmx one."
Read 18 tweets
1 Nov
A jury has been seated, and the parties have just laid out their cases in opening statements.
Ira Kleiman's team laid out a timeline from 2008 until today and showed a number of emails and statements in which Craig Wright describes Dave Kleiman as a business partner with whom he mind bitcoin.
But Kleiman's team says Wright's story changed after the filing of the lawsuit in 2018, when Wright began adamantly denying any partnership other than a friendship with Dave Kleiman
Read 7 tweets
17 Aug 20
So I just had a fun interaction with the Florida Board of Bar Examiners.
Me: Hi, I'd like to file a public records request. To whom should I direct it?
FBBE: We don't have to comply with public records requests.
Me: Can you cite to the statute that exempts you from providing public records?
FBBE: If you send us a request we will reply with the statute and explanation.
Me: OK, so can I have an email address to which I can send this request?
Read 7 tweets
11 Jul 19
There was another hearing yesterday in the $10B bitcoin dispute between Ira Kleiman and Craig Wright: law360.com/assetmanagemen…
This was not a continuation of the evidentiary hearing on possible sanctions -- that's set for Aug. 5. This was on Wright's motion for judgment on the pleadings.
He's arguing that the federal court does not have jurisdiction to handle the case because there's no complete diversity of citizenship. In other words, the plaintiffs need to have different citizenship than the defendants.
Read 10 tweets

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