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Self-proclaimed Bitcoin creator Craig Wright has entered extensive settlement negotiations with Dave Kleimanâs estate.
Craig Wright, a self-proclaimed inventor of Bitcoin (BTC), has asked for another extension of a deadline to settle his case involving his late partner Dave Kleiman.
Wright entered negotiations
On Sept. 17, Wrightâs attorneys filed a new 30-day extension for all discovery and case deadlines, citing the need to facilitate the ongoing discussions with Dave Kleimanâs estate as the parties have entered âextensive settlement negotiations.â
According to the document, Wrightâs lawyers and Kleimanâs estate have reached a non-binding agreement to settle the matter and are continuing to negotiate and finalize all relevant terms.Â
Citing a number of upcoming case deadlines such as Wrightâs opposition to Judge Reinhartâs sanctions order that is due on Sept. 24, and plaintiffsâ motion for attorneysâ fees due on Sep. 20, the defendant party claimed that reaching a final binding settlement is the âbest interests of both partiesâ and this requires the extension period.
30 more days after a two-week extension
Following the courtâs order on Aug. 26 requiring Wright to hand over 50% of the roughly 1 million Bitcoin Wright allegedly mined with Kleiman, Wrightâs attorney Andres Rivero first filed for a 14-day extension on Aug. 30.Â
In the filing, Wrightâs party also intended to challenge Reinhartâs order in favor of Dave Kleimanâs estate, which required him to pay 500,000 Bitcoins, arguing that Wright did not concede that the judge had the power to enter the order.
In late August, Wright suggested that Dave Kleimanâs estate could experience tax issues with Bitcoins that they won from him in the court case.
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