Jurors in Billion-Dollar Bitcoin Trial Deadlocked for Days — Hung Jury Could Lead to Mistrial – Bitcoin News

The jury in Kleiman V. Wright is currently unable reach a verdict on the highly publicized, billion-dollar lawsuit against Florida’s bitcoin exchange. While the judge has told the jury to take time deliberating the case, on Wednesday, the jurors issued a statement that explained they could not “come to a conclusion.”

Kleiman v. Wright Jurors Unable to Make a Decision — Judge Issues Allen Charge Extending Deliberation Time

After the Thanksgiving holiday, the Kleiman-v. Wright jury has been deliberating over their verdict for some time. Many believe that the jury could end up in deadlock and it may result in a mistrial. Carolina Bolada (Law360 Court reporter) tweeted, December 2, 2021 that the entire courthouse was waiting for the outcome.

“I’ve had a few requests for updates on Kleiman v. Wright,” Bolada tweetedThis Thursday. “Believe me, if there were news, I would’ve tweeted it. We are all just waiting around for word from the jury.” The day prior on Wednesday afternoon, Bolada explained that the jurors gave a statement, which said:

We can’t all come to the same conclusion, and there is no consensus on which of these questions should be answered.

“Not a hung jury yet, but this isn’t looking good for a verdict,” Bolada further detailed after sharing the statement from the jury’s note. “The parties and the court are debating whether to issue an Allen charge to the jurors,” she added.

Judge Beth Bloom was the winner issuing an Allen charge and said: “I suggest that you now carefully reexamine and reconsider all the evidence in light of the court’s instructions on the law.”

Extraordinary Deliberation Time

In the event that the jury is unable to come up with a verdict the judge could declare a mistrial and order a fresh trial. The judgment, if the plaintiffs won, is massive in terms of monetary value as estimates say it could be anywhere between $70 billion to “close to a trillion-dollar judgment.

Due to the Allen charges, Judge Beth Bloom has increased the time for deliberation. The group will need to make a decision if they are unable to do so. The push to continue deliberating is rarely made more than once in the past. At the end of the day on Thursday, Law360’s Carolina Bolada wrote:

No verdict. No verdict. It is so overdue.

How do you feel about Kleiman-v. Wright? Are you concerned that it might end in a mistrial or not? Please comment below to let us know your thoughts on this topic.

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