July 6, 2019

Kleiman v Craig Wright, part 3

There has been much reporting on the recent June 28th hearing in the case of Ira Kleiman v. Craig Wright, where the latter testified in person for the first time. Several reporters attended the hearing and relayed baffling events, but those of us who have been following the case were anxious to get a direct look at exactly how things played out. With the court transcript and exhibits in hand, let's go on that journey together.

May 8, 2019

Kleiman v Craig Wright, part 2

As part of the ongoing lawsuit against Craig Wright by the relatives of Dave Kleiman and in response to a court order to reveal details of Wright's supposed bitcoin holdings (including a long hinted-at blind trust), a filing about Wright's supposed bitcoin holdings was recently unsealed. While the bitcoin addresses contained within are redacted, it turns out they're not hard to guess.

April 28, 2019

CoinLab v MtGox: The imaginarium of Peter Vessenes

Recently the MtGox civil rehabilitation trustee, Nobuaki Kobayashi, announced a six month delay in proceedings due to disapproved claims still being disputed. The trustee doesn't refer to it directly, but the elephant in the room causing this delay is Peter Vessenes' CoinLab, who after a failed partnership attempt with MtGox in 2012/2013 is now demanding an outrageous $16B USD from the MtGox civil rehabilitation estate.

There have been various theories floating around how CoinLab could possibly be justifying this number, with little insight into their actual arguments, a problem not helped by CoinLab's attempts to seal official Japanese creditor records in order to conceal their actions. Recently though I acquired a copy of the last round of petitions to the Tokyo District Court, and have spent the last week dredging through the legal Japanese to get to the bottom of the situation.