Alleged Bitcoin inventor Dave Kleiman turned down a payday loan on the day of his death

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Bitcoin is worth $ 145 billion, but the man who many believe invented it died so broke he was even turned down for a predatory payday loan on the same day he died.

Dave Kleiman, who died in 2013, was the partner of self-proclaimed bitcoin inventor Craig Wright. If Wright is truly Satoshi Nakamoto’s pseudonym, that would make Kleiman the technical mastermind behind bitcoin.

Wright applied for the payday loan in a legal document filed on November 20. Kleiman’s brother Ira sues Wright, claiming the estate owes half of a $ 10 billion bitcoin cache mined by Nakamoto. (Which is actually worth around $ 9 billion at current prices at press time.)

Wright’s claim to be Nakamoto has been widely mocked and he has been labeled a liar by many in the cryptocurrency community.

The fact that Kleiman was denied a payday loan is another sad note in his gruesome death. Weekly loans are typically a few hundred dollars, and have annual interest rates that can exceed 400%, depending on the Consumer Finance Protection Office.

Kleiman was living in misery at the time of his death, according to Gizmodo. His house was foreclosed. His decaying body was found a month after being released from a Virginia hospital. Investigators said they found a loaded gun, bottles of alcohol and a bullet hole in his mattress, but no bodily injuries. Kleiman, who used a wheelchair, left traces in pools of blood and feces.

The loan request was put on hold in a legal battle over what documents each party should provide in the ongoing lawsuit. Wright’s attorneys are looking for Dave Kleiman’s tax returns and other financial documents.

Wright’s demands came shortly after lawyers for Kleiman’s brother, Ira, asked the court to allow an expedited deposition from Jamie Wilson, who was CFO of Wright’s companies at the time of Kleiman’s death.

This request was made by Kleiman’s team after Wright withdrew from settlement negotiations facilitated by an anonymous third party. Wilson, who lives in Australia, was in the United States on November 8. Filing it here would save the time and expense of setting up a video deposition, Kleiman’s lawyers told a judge four days earlier. Wright’s legal team fought the request, which did not give them the required 14 days to prepare.

In the case in which Wright mentioned Dave Kleiman’s payday loan, his attorneys said it was not necessary to have filed Wright so quickly.

“During [Wilson’s] expedited filing, we learned that [Kleiman’s] the arguments for expedited testimony were downright bogus, ”Wright’s lawyers told the court in documents also released on Nov. 20.

They explained that “Mr. Wilson contacted the complainants in July of this year and gave them documents, which they never gave us and months before any settlement discussions… and he travels frequently to the United States. and always made himself available to the complainants for his testimony.

Modern consensus contacted Wright’s attorneys, who said they would not comment on an ongoing case.

Updated at 12:00 p.m. on November 21, to clarify that we were talking about the value of bitcoin at the time of publication.

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