Last week’s South Korean presidential election pitted conservative Yoon Suk-yeol, who promised to seize profits gained through illegitimate means, versusLee Jae-myung, who pledged to offer a framework for security token offerings and a national tokenization project that would allow for some sort of social dividend paid out by real estate speculators.
A jury in December found that Wright unlawfully seized intellectual property belonging to the joint venture with late computer forensics researcher Dave Kleiman, W&K Info Defense Research. U.S. District Judge Beth Bloom awarded the additional $43 million in interest on damages W&K suffered from when he took control of the IP in 2013 until the court's final judgment.
Wright had argued that W&K should only be entitled to interest measured from October 2021, when the IP's value was highest, through December.
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