Craig Wright's Assets Frozen Worldwide After Losing Bitcoin Creator Lawsuit
A UK judge has issued a worldwide freezing order on Craig Wright's assets to ensure he covers the court costs after being ruled not the creator of Bitcoin.
- Craig Wright's assets worth approximately $7.6 million have been frozen by a UK judge following a lawsuit that determined he is not the creator of Bitcoin.
- The freezing order aims to secure funds for covering the legal expenses of the Crypto Open Patent Alliance (COPA), who successfully challenged Wright's claims.
- Wright attempted to transfer ownership of shares in his company to avoid paying court costs, prompting the judge's decision.
- COPA has described Wright's claims of being Satoshi Nakamoto as a 'brazen lie,' supported by 'forgery on an industrial scale.'
- The legal battle between COPA and Wright began in 2021, with the court recently reaffirming COPA as the winning party.