Bitcoin News

$4 Billion Lawsuit Names Bitcoin Pioneer Jeff Garzik


According to Jeff Garzik’s tweet, he has been subpoenaed by a United States District Court in relation with a $4 billion lawsuit against Craig Wright. Jeff is a Software engineer and Bitcoin (BTC) pioneer. The lawsuit was reportedly filed in the U.S. District Court of the Southern District of Florida on last February. The lawsuit also was initiated by the family of David Kleiman with the allegations that Wright stole up to 1.1 million BTC after he passed away. David was a computer scientist who was suspected of being one of the developers of Bitcoin and blockchain technology.

After Kleiman’s death in 2013, Wright contacted his estate, allegedly claiming to want to help dispose of the Bitcoin fortune. Wright proclaimed himself to be the Bitcoin creator Satoshi Nakamoto. As per the allegations by Kleiman’s family, Wright never returned the funds.

As per the official complaint, Wright “forged a series of contracts that purported to transfer Dave’s assets to Craig and/or companies controlled by him. Craig backdated these contracts and forged Dave’s signature on them.”

However, Wright continuously appealed the court to dismiss the lawsuit, but the court did not conform to his request. As per the court document, it is confirmed that “the Court finds that Plaintiffs have sufficiently alleged a claim for conversion.”

The lawsuit would now call Garzik to appear in court and let the court know any evidence to the “personal theory” that Kleiman was Satoshi Nakamoto. The subpoena also calls for providing all communications, agreements, and documents related to both Wright and Kleiman. Along with these, the court also asks Garzik to provide information concerning Bitcoin mining for the period between January 1, 2009, and April 2013. It also refers to the search for documents related to Silk Road, Liberty Reserve, Mt. Gox, and the Prometheus Project.

It also has asked for any communications with financial cryptographer Ian Grigg, CEO of Centre for Strategic Cyberspace + Security Science, Richard Zaluski, and early Bitcoin investor Roger Ver.

Last year, Grazik referring to many hypotheses as to the Bitcoin creator’s identity said, “My personal theory is that it’s [Satoshi Nakamoto] Floridian Dave Kleiman. It matches his coding style; this gentleman was self-taught. And the Bitcoin coder was someone who was very, very smart, but not a classically trained software engineer”.

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