The crypto news headlines at the start of May with regard to Kleiman v. Wright were mostly variations on the theme of Craig Wright’s Satoshi case going to trial. The two parties appear well entrenched in their positions, and lawyers for both sides have said they expect the trial to begin as scheduled on July 6, 2020, in Florida.
Does this mean there will be no settlement? “This is not like an ordinary commercial dispute where the parties can agree they’ve got a 50-50 chance of winning on an ambiguous contract provision, so they just split the difference,” Jason Gottlieb, a partner and the chair of Morrison Cohen LLP’s White Collar and Regulatory Enforcement Practice Group, told Cointelegraph, adding: “There’s a lot of money on the line, and for Dr. Wright, his reputation. It’s a relatively hard case to settle.”