Contributed by: PM Saturday, July 20 2019 @ 04:19 PM UTC
Craig Wright's schemes fall, in my mind, into three entangled but separate stages. The first is where Craig takes control of W&K Info Defense Research LLC, a company that belonged to his dead best friend, and uses this to give himself court-sanctioned control of multi-million dollars worth of alleged Intellectual Property. The second stage is where he uses this alleged property to trade between various companies he owns and claim R&D and/or tax rebates from the Australian government. Emerging from both of these is the third stage where he goes into full "billionaire mode", claiming to be Satoshi Nakamoto.
This article covers the first of those stages - the illegitimate takeover of W&K and the creation of a vast fortune of non-existent IP.
|BAA 11-02-TTA 01-0127-WP||Software Assurance through Economic Measures||$650,000|
|BAA 11-02-TTA 05-0155-WP||SCADA Isolation||$1,800,000|
|BAA 11-02-TTA 09-0049-WP||Risk Quantification||$2,200,000|
|BAA 11-02-TTA 14-0025-WP||Software Derivative Markets & Information Security Risk||$1,200,000|
Jamie "will act as director for the purposes of consenting to orders and the company to be wound down". "It was agreed that following the motion to accept the debt owed by the company (W&K), it would be closed."
So what was the point of all this? Craig alleges that he provided over $40,000,000 in bonds and loans, and worked for years on various DHS projects and Bitcoin code, and he's willing to walk away with only the rights to some unspecified IP. The point is that he now has "evidence" provided by the court that he owns over $50M worth of IP. He can now sell that "IP" to his various Australian companies, and claim tax and R&D concessions based on this. That's the subject of the next post in this thread...