Wright’s attempt to dismiss a longstanding suit against him came to a grinding halt as a district judge branded him untrustworthy.
What you need to know
A Florida federal judge has denied self-proclaimed Bitcoin inventor Craig Wright’s motion to dismiss a lawsuit concerning the alleged theft of several billion dollars’ worth of Bitcoin from a former business partner, Dave Kleiman.
Citing Walter Scott’s edict, “Oh what a tangled web we weave when first we practice to deceive,” Florida District Judge Beth Bloom said Wright had repeatedly misled the court by offering “conflicting statements.”
Why it's important
“Defendant argued that the Court cannot both rely upon and find that the statements and evidence provided by him are untrue,” wrote Bloom, quoting Wright saying: “Judge, if everything’s a lie, then the stuff they rely on when Wright files a contract, or when Wright makes a statement, can’t be credited either.”
“Here, Defendant’s argument is novel,” Bloom continued. “He seems to argue that even though his numerous conflicting statements are the very reason confusion has been created as to the ownership of W&K, the Court should nonetheless use these statements as a basis to challenge the Court’s subject matter jurisdiction. In essence, the Defendant uses the evidence proffered as both his sword and his shield.”