RE: The Latest In the Craig “Faketoshi” Wright Saga…
Here’s the latest in the Faketoshi saga…
JUST IN: CRAIG WRIGHT TO COUGH UP $658K IN COURT FEES
“The estate which accused Craig Wright of stealing $10 billion worth of Bitcoin from his deceased partner, Dave Kleiman, is asking him to cough up about $658K in court fees.
The declaration appears after Magistrate Judge Bruce E. Reinhart issued sanctions against Wright for not complying with the court order that asked him to surrender half of his Bitcoin holdings to plaintiff Ira Kleiman, brother of Dave. At the same time, the judge ordered Wright to pay for Ira’s legal costs. However, the Kleiman estate got an extension after both the parties agreed to reach a settlement.
The off-the-court negotiations, nevertheless, didn’t mature into a real deal. It led the estate to file a motion on Wednesday that orders Wright to pay $592,558 in lawyer fees and $66,023 in expenses. U.S. District Judge Beth Bloom studied the motion on Thursday and passed it to Judge Reinhart for a final recommendation. Ira said in the motion,
This amount is based on reasonable hourly rates — commensurate with those actually charged by these and comparable firms in matters in this district — and an appropriate number of hours worked in light of the scope and extent of Craig [Wright]’s deception and the amount at stake in this litigation”