CSW is legal Nakamoto? The latest court documents show that CSW has given the top 70 bitcoin block addresses

The court documents published by Craig Wright (CSW) on the legal defense of Ira Kleiman on June 11, 2019 showed that in the legal environment, he confirmed the exploitation of bits. The first 70 blocks of the currency network.


According to court documents:

“The defendant (CSW) filed a motion on April 19, 2019, explaining that he could provide the public address of the first 70 blocks of Bitcoin and provided them.”

According to the penalties imposed by the law, if the CW is proved to be a perjury, then he will be fined up to $1,000 or imprisoned for one year, or both. If he appears in court or submits an affidavit to reaffirm his claim, he can be sentenced to a maximum fine of $5,000 or five years in prison, or both.

This is a response to the court ruling of March 14, 2019, when the court ruled that as of December 31, 2013, the address of the bitcoin dug by CSW was related to the case, and then ordered CSW to provide a list of bitcoin addresses or file motions. Get a protection order. If a complete list cannot be submitted by June 17, 2019, a Show Cause evidence hearing will be held. CSW did this on April 19, 2019, when he provided the address of the first 70 blocks, but did not provide the address of the coins mined after the 70th block, because the coins were held by a confidential trust. of.

According to court documents, the documents requested by CSW include:

"…by May 8, 2019, a sworn statement stating the name and location of the confidential trust institution, the name and contact information of the current and former trustees, the name of the current or former beneficiary and the contact information; as of May 2019 On the 13th, a copy of any and all documents relating to the establishment, management and operation of this confidential trust, together with a true sworn statement; by May 25, 2019, all transactions of the trust, including but not Limited to reflect any records in which Bitcoin was transferred to the Trust in 2011 or approximately 2011, and an affidavit of authenticity."

CSW responded by giving a sworn statement on this trust fund on May 8, 2019. A few days later, on May 13, in addition to a true affidavit, more trust information was announced. This includes documents documenting the company's R&D in other venture capital investments by Australian companies that use these bitcoins to support CSW.

“On May 25, 2019, CSW produced a trust setup document and a statement of authenticity provided by the Tulip Trust II trustee.”

So far, the court and the plaintiff have received 2,168 documents related to the CSW case. CSW has done its best to respond to every request made by the plaintiff. Due to the nature of the trust fund and the design of the confidentiality of the information and assets held by it, information related to the address following the 70th block of Bitcoin is not accessible. After the 70th block was mined, CSW "…implemented a unique proprietary algorithm that he created to automatically generate keys so that each of the subsequently mined blocks (after the 70th block) All are assigned a different public address."

Everything used to mine after the 70th block is placed in an encrypted file, including all address-related information. The private key required to access these files is split into multiple key shares using a version of "Shamir 's Secret Sharing Algorithm", which provides a way to split things like private keys into multiple parts. A portion of the key is distributed to multiple participants in the trust institution described above. This explains to some extent why CSW has been unable to provide the public address of the Bitcoin held by the Trust (the address of the Bitcoin mined after the 70th block).

The plaintiff requested a default judgment on the CSW because the information requested was kept in a confidential trust. They argued that this was because CSW did not cooperate with them and was unable to obtain the information. It seems that this is not the case, and CSW has done its best to cooperate. CSW's legal team responded by saying:

"There is no reasonable legal basis for such a harsh judgment. CSW has made extensive goodwill efforts to comply with the court's orders. He should not be hosted in an encrypted file just because the bitcoin address is between multiple people. Sanctions are imposed when they are held and passed. It is well known that when a party “sincerely makes all reasonable efforts to comply”, sanctions are not necessary.”

In addition, the CW team emphasized that the plaintiff failed to explain what could be done if the bitcoin address after the 70th block could not be determined. The plaintiffs claimed that these addresses were crucial to their case, but did not mention how they would determine which bitcoins might be mined by Dave Kleiman or belong to him. Receiving these addresses does not tell you more about Dave's involvement in Bitcoin. If they are mining these coins together or separately, this does not provide any information.

On June 18th, the next round of court review will take place. If the CSW accepts the jurisdiction and appears in court, the case will be heard in the United States, otherwise (from all indications, the possibility is greater) may be sentenced to breach of contract, and the case will be sent to the United Kingdom.

Court documents show that CSW only provides the address of the first 70 Bitcoin blocks and does not provide evidence that these coins are his. Babbitt columnist Lightning said in an interview with Babbitt that it is difficult to prove that these blocks were dug up by CSW. He needs to provide an operational log of mining at the time, which can be proved indirectly.

Whether CSW is Nakamoto may never be confirmed, this may become a problem without an end. However, there will be more new information in the future, perhaps not far from the day when Nakamoto will come to the surface.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


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