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Wright and Kleiman File for Joint Motion to Extend Pre-Trial Deadlines in Florida Court

source-logo  coinspeaker.com 19 November 2020 15:30, UTC

Wright and Kleiman have been involved in a legal battle for years over 1.1 million Bitcoins supposedly gained after they participated in the creation of the asset.

As Bitcoin gains momentum for a new major anticipated bull wave, the embattled billion-dollar lawsuit between Craig Wright and the Kleiman family has taken a new twist.

According to Florida court files, the two parties, Wright as the defendant and Kleiman as the plaintiff, jointly requested the court to extend certain remaining pre-trial deadlines. Particularly, they requested the court to reset the trial to April 5, 2021.

“Specifically, the parties request that the Court reset the following deadlines set forth in this Court’s September 3, 2020,” the court file indicated.

The Twist in Craig Wright and Kleiman Lawsuit

Notably, the two antagonistic parties proposed the extension of the trail deadlines so that each comes before the new proposed date.  The proposal requests the exhibit lists/objection be scheduled for March 16, the demonstrative summary exhibit on March 22, and the court calendar call on March 16.

The two plans to use the extended period to polish on specific joint presentations of the exhibits and also objections. Hereby anticipating to reduce the list of raised disputes that could require the court’s intervention.

“Using the proposed deadlines to make streamlined, focused decisions will conserve judicial and party resources and lead to a better, and better considered, presentation of each side’s position at trial,” the joint proposal read.

Apparently, in addition to the revised dates proposed by the joint team, the Florida court has ruled to exclude previous statements that undermine Wright’s credibility. Some of the statements highlighted by Wright’s legal team include one made by Judge Reinhart on August 27, 2020, that states he was not convinced Wright was telling the truth.

The statement read that “during his testimony, Dr. Wright’s demeanor did not impress me as someone who was telling the truth. When it was favorable to him, Dr. Wright appeared to have an excellent memory and scrupulous attention to detail. Otherwise, Dr. Wright was belligerent and evasive.” In one of the court files, Wright intends to argue that the plaintiff does not have the right to inherit the possession based on the hostile relationship with the deceased.

On the Flipside

Wright and Kleiman have been involved in a legal battle for years over 1.1 million bitcoins supposedly gained after they participated in the creation of the asset.

As a result, if Wright agrees to deposit the requested amount of Bitcoins to Kleiman’s wallet address, it would make him either the real Satoshi or part of the team involved.

With Bitcoin trading around $17,870 at the time of writing, the contested Bitcoins are worth over $19.6 billion. More than what Grayscale Bitcoin Trust funds hold at the moment, or XRP total market cap.

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Author Steve Muchoki

A financial analyst who sees positive income in both directions of the market (bulls & bears). Bitcoin is my crypto safe haven, free from government conspiracies. Mythology is my mystery! "You cannot enslave a mind that knows itself. That values itself. That understands itself."

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