UK Judge Freezes Craig Wright's Assets to Prevent Him from Evading Costs in Bitcoin Case
A UK judge has issued a worldwide freeze on £6 million of Craig Wright's assets to prevent him from moving them offshore and avoiding costs related to a court case that found he was not the inventor of Bitcoin, Satoshi Nakamoto. The case was brought by the Crypto Open Patent Alliance (COPA) and Judge James Mellor ruled that Wright did not author the Bitcoin white paper or initial versions of the software. Wright has a history of defaulting on orders for payment, and the judge found there was a risk of dissipation of assets. COPA's costs amount to around £6.7 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
