Looks like the Court is fed up with Wright's Tulip Trust excuses - Motion for Protective Order denied, must produce substantial info next week.

https://www.courtlistener.com/docket/6309656/166/kleiman-v-wright/

The Court has already found that tracing Dr. Wright’s bitcoin holdings is relevant to the Plaintiffs’ theft claims. The order to produce a list of bitcoin holdings as of December 31, 2013, was a compromise; it was the Court’s attempt to provide Plaintiffs with relevant and material evidence without unduly burdening Dr. Wright. That Dr. Wright now argues it is not feasible for him to identify the bitcoin he held on December 31, 2013, does not diminish Plaintiffs’ entitlement to the pertinent evidence. That evidence can be obtained through other means, which the Court will authorize Plaintiffs to use.

That last bit is a little ominous...

In addition to producing a list of addresses, the Court has further instructed Wright to provide substantial information and documentation about the trust, and swear to what he submits. He's not given much time to do so, either.

  1. On or before May 8, 2019, at 5:00 p.m. Eastern time, Dr. Wright shall provide to Plaintiffs a sworn declaration identifying the name and location of the blind trust, the name and contact information for the current trustee and any past trustees, and the names and contact information of any current or past beneficiaries.

  2. On or before May 9, 2019, at 5:00 p.m. Eastern time, Dr. Wright shall produce to Plaintiffs a copy of any and all documents relating to the formation, administration, and operation of the blind trust. The production shall be accompanied by a sworn declaration of authenticity.

  3. On or before May 15, 2019, at 5:00 p.m. Eastern time, Dr. Wright shall produce all transactional records of the blind trust, including but not limited to any records reflecting the transfer of bitcoin into the blind trust in or about 2011. The production shall be accompanied by a sworn declaration of authenticity.

  4. Dr. Wright shall execute any and all documents, or other legal process, necessary to effectuate the release of documents in the possession, custody, or control of the Trustee.

submitted by /u/cryptocached
[link] [comments]

source https://www.reddit.com/r/btc/comments/bkfjvp/looks_like_the_court_is_fed_up_with_wrights_tulip/

Comments