Kleiman sues Aoben Cong case: testimony is dismissed, Ownen Cong may have to pay 550,000 BTC

On August 26, in the trial of Kleiman and Ao Ben Cong, Ou Ben Cong’s testimony was rejected. According to people familiar with the matter, Judge Bruce Reinhart advised the plaintiff to receive 50% bitcoin held by Oban Tseng before December 31, 2013 and 50% of intellectual property related to Bitcoin software. It is estimated that David Kleiman and Oban Cong mined 1.1 million bitcoins in the period from 2009 to 2011. That is to say, Ao Ben Cong may need to compensate the plaintiff for 550,000 bitcoins, currently worth about 5.7 billion. Dollar.

201906132106051

On the left is Oban, and on the right is David Kleiman.

According to The Block, the judge dismissed his testimony because of Aussie Cong’s alleged perjury. The person who participated in the trial said that Oban has no right to participate in the jury trial, nor can he object to the order, but retains his appeal power.

The case began in 2018, when Klein, the brother of Osborne’s late business partner David Kleiman, sued Oban, accusing him of trying to seize David’s bitcoin assets and claiming $10 billion.

Kleiman's attorneys are Kyle Roche and Velvel Freedman of the law firm Roche Freedman LLP, while Auburn is represented by Rivero Mestre LLP.

The case is not yet over, and there are still some procedural issues that need to be finalized. However, the substantive issue has been determined, which means that this lengthy trial will soon come to an end.

According to sources, although the judge dismissed Aoben Cong’s testimony in the case, he did not make a judgment on whether Oban was a Bitcoin creator, Satoshi Nakamoto.

Prior to becoming the final ruling, Judge Reinhart’s order must be adopted by District Judge Beth Bloom, provided that Ozon’s lawyers did not raise any objections.

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

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Interviewed 800 crypto traders in 75 countries around the world. What did they find?

"Traders look for simplicity, but the exchange can't meet it. 80% of participants have entered the market f...

Opinion

Former close friend to testify against SBF, list of other witnesses revealed.

SBF's trial started on October 2nd, and his once closest friends will testify in court, becoming his biggest threat. ...

DeFi

Postponed Fraud Trial of Mango Markets Exploiter: A Delayed Showdown

Fashion executive, Avraham Eisenberg, accused of a $116 million fraud at Mango Market, will face trial on April 8, 20...

Opinion

Research on the major wallet risks of Binance, KuCoin, and Jump: Are assets stored in large institutions 100% safe?

Undoubtedly, mainstream exchanges and institutions have invested a significant amount of funds and manpower in networ...

Blockchain

Three major domestic virtual currency exchanges focus on compliance business and actively engage with local governments and state-owned enterprises

China Times (www.chinatimes.net.cn) reporter Ran Xuedong trainee reporter An Lingfei Beijing reports The currency cir...

Blockchain

The history of the rise and fall of the exchange: an important silhouette of the development of blockchain

Original from: blog.nomics.com Author: Nathaniel Whittemore & Clay Collins Compilation: Orange Book There may be ...