Thread by @wizsecurity

Reminder to the media that since Kleiman v Wright is based on false premises, the jury is just choosing between two outcomes which are both wrong.

Please do your research when reporting on the verdict. I'll be watching and scoring you.

Crash course thread:

Neither Wright nor Kleiman had anything to do with the creation of Bitcoin and didn't mine any bitcoins, so they're quarrelling over fictional assets that never existed in the first place (or are trying to lay claim to other people's bitcoins).

Wright's whole life is a string of lies to get out of previous lies. Here he invented a story about inventing Bitcoin and becoming incredibly wealthy together with his dead friend, moving imaginary assets around on paper in a way that would be stealing from his friend if real.

All plaintiffs have done is hang Wright by his own words and braggadocio and demand their half of the "assets" back. Wright can't admit he made it all up or the whole house of cards collapses. Hence both sides are pretending some subset of Wright's lies are real.

If the jury ends up ordering Wright to pay some massive sum to Kleiman, the noteworthy thing to report isn't the amount but that it's money Wright *never had* and *never will have*.

It's a mockery of justice either way, but a loss for Wright would at least be poetic justice.

Since Wright has no money to pay these fantastical potential damages, plaintiffs are surely eyeing going after Calvin Ayre for it, since Ayre has been funding everything Wright does for the last number of years and has acquired a stake in these same fictional assets.

Lastly, spare a thought for the poor jury which has been ordered to navigate this tangled web. The truth is not even on the table, they explicitly have to choose only between the presented bizarre nonsensical lies and potentially award billions of dollars based on them.

Sounds like the jury is instinctively leaning towards the third option: not choosing at all.

Ironically this is probably the closest they can get to the truth: that neither side is right (although one side is massively more wrong than the other).

https://twitter.com/CarolinaBolado/status/1466086427914035205