Craig Wright (aka Faketoshi) is once again making legal threats that can only be described as absurd.
In this round, his law firm sent letters to developers and organizations involved with BTC, BCH, BCHABC, and BSV, claiming that the developers must give him access to the coins at two addresses or face legal action. According to the letter, hackers managed to obtain the private keys to these two addresses on February 5, 2020 and then erase the originals.
1. One of the addresses appears to hold bitcoins stolen from Mt. Gox. Why would Faketoshi implicate himself in the theft of bitcoins from Mt. Gox?
2. Apparently, Faketoshi couldn't be bothered to back up private keys containing millions of dollars worth of bitcoins. That fact damages the credibility of his claim.
3. The demand is impossible to fulfill, at least for the BTC and BCH chains.
4. A letter was sent to his own BSV developers.
Here are the letters:
https://www.ontier.net/ia/a1letter-before-action-from-ttl.pdfObviously, there must be some rational motive behind this. I can think of two possible motives:
1. The purpose is to establish the claim that Faketoshi once had a lot of bitcoins, but now he no longer has any. Perhaps this is preparation for the classic "I lost my keys in a boating accident" defense. It looks like he has lost the lawsuit by Ira Kleiman, so he will be on the hook for a lot of bitcoins, and he might be trying to plead poverty in order to avoid having to pay.
2. There are about 110,000 coins at those two addresses, and the BSV is worth about $20 million. He might be laying the legal (and moral) groundwork to justify confiscation of the BSV from those two addresses. That is something that he probably could pull off.