Craig Wright says he can't access Satoshi Nakamoto's $10 billion Bitcoin fortune

During his June 28 contempt hearing, Craig Wright told a federal court in Florida that he was unable to access his $10 billion Bitcoin fortune.

Sources present during the deposition revealed that he also cried during cross-examination when explaining why he parted ways with Bitcoin back in 2010.Emotions run high in Wright's contempt hearing.

Craig Wright's bitter court battle with the estate of his former partner Dave Kleiman has been going on for more than a year.

After Wright failed to disclose his Bitcoin holdings on several occasions, a federal court in Florida ordered a hearing on June 28 as to whether he should be held in contempt of court.

The hearing, held on Friday, was to determine the level of sanction Wright should face for his violation of court orders.

Wright reportedly cried during the deposition when he was asked why he left Bitcoin and disassociated from his Satoshi Nakamoto alias, as he claimed the "Bad things" the cryptocurrency was used for was "Too much" for him to handle.

The continued hearing, which is scheduled for August, will reveal the extent of the punishment Wright will endure for his contempt of court.

On the other hand, Calvin Ayre, the founder of CoinGeek, believes that either outcome of the hearing will prove that Wright is Satoshi Nakamoto.

In a June 29 tweet, Ayre said that those cheering for Wright to lose the case don't realize that in order to lose the case, he "Must" be Satoshi Nakamoto.

McCormack said that he hoped Wright lost the Kleiman case, as it would mean he would have to pay out the $5 billion in Bitcoin that he surely doesn't have.