Court Subpoenas Bloq CEO Garzik Over ‘Real Satoshi’ Claims
Jeff Garzik, the CEO of enterprise-grade blockchain technology startup Bloq, has been subpoenaed by a U.S. court in relation to a lawsuit involving Australian Craig Wright.
The court has ordered Garzik, a pioneer bitcoin developer, to provide whatever information he has that concerns a lawsuit brought against Wright by the estate of the late Dave Kleiman, another bitcoin pioneer.
Graig Wright, largely seen as a controversial figure in the crypto community, is an Australian cryptographer who has previously courted controversy via claims that he is the mysterious Bitcoin creator Satoshi Nakamoto.
The subpoena document, which Garzik shared on Friday, was issued by the U.S. District Court for the Southern District of Florida. The court wants the Bloq CEO to produce every document in his possession that purportedly supports Garzik’s “personal theory” about Dave Kleiman being the real Satoshi Nakamoto.
The order relates to claim Garzik made in November last year about his belief that Kleiman’s “coding style” matched that of Satoshi Nakamoto.
He also added at the time that “the bitcoin coder was someone who was very, very smart,” and self-taught; “not a classically trained software engineer.”
Kleiman, a computer forensics expert, died on April 26, 2013, after battling MRSA. Following his death, various conspiracy theories have claimed that he was the creator of bitcoin.
However, his estate claims that Craig Wright stole billions of dollars from his accounts through impersonation.
In 2018, Ira Kleiman sued Wright for his alleged misappropriation as a former business partner to his late brother.
The lawsuit alleges that Wright hatched a scheme that saw him seize over a million bitcoins from Dave. It also claims that he also took away certain “rights” belonging to Kleiman’s intellectual property (IP) which relates to the bitcoin technology.
The suit, therefore, demands that Wright returns most of the 1.1 million bitcoins reportedly mined by the two in the early years of bitcoins’ existence.
According to the plaintiffs, the defendant should return the bitcoins or fair market value of the same (a considerable percentage of the 1.1 billion bitcoins whose current value is $4.3 billion).
Wright moved to court last April, filing a motion that sought orders dismissing the case against him. That, however, did not happen as a court ruling delivered last December rejected most of his accounts for the dismissal of the original suit.
In the subpoena document issued on Friday, the court has ordered that Garzik provides all related communication (direct or third party) held between him, Kleiman and Wright.
In total, Garzik should produce documents related to 28 requests among them information about the infamous Silk Road and the defunct Mt. Gox.
As per the court’s orders, Garzik has up to 30 days in which he needs to avail the required information.
Disclaimer: This is not investment advice. Cryptocurrencies are highly volatile assets and are very risky investments. Do your research and consult an investment professional before investing. Never invest more than you can afford to lose. Never borrow money to invest in cryptocurrencies.