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UK Court Freezes Craig Wright’s £6M Assets 😱🔒

UK Court Freezes Craig Wright’s £6M Assets 😱🔒

UK Court Freezes Craig Wright’s Assets

Following a ruling that Craig Wright falsely claimed to be the creator of Bitcoin, a UK judge has taken action to prevent Wright from evading court orders. The judge issued a worldwide asset freezing order, blocking £6 million ($7.6 million) of Wright’s assets to prevent him from transferring them offshore. This move came after legal documents were filed on Thursday detailing the court’s decision.

Judge’s Decision on Wright’s Payment Orders

The ruling originated from a case brought by the Crypto Open Patent Alliance (COPA) challenging Wright’s claims of being Satoshi Nakamoto, the pseudonymous creator of Bitcoin. Judge James Mellor debunked Wright’s assertions and determined that he did not write the Bitcoin white paper or initial software versions. The court’s decision raised concerns about Wright transferring shares of his company to avoid paying costs totaling approximately £6.7 million. Recognizing Wright’s history of defaulting on payments, the judge issued the freezing order to prevent asset dissipation.

  • Judge grants a worldwide asset freezing order against Craig Wright
    • Blocks £6 million of Wright’s assets
    • Prohibits Wright from transferring assets offshore

Debunking Wright’s Satoshi Claim

In a landmark trial, COPA sought injunctive relief to halt Wright from continuing to assert he is Satoshi Nakamoto. The court’s ruling definitively stated that Wright is not the creator of Bitcoin. Extensive allegations of document forgery were made against Wright during the trial, revealing fabricated evidence to support his false claims about being the Bitcoin founder. COPA emphasized Wright’s elaborate deception in creating a false biographical history and forging documents to substantiate his claims.

  • COPA seeks injunctive relief against Wright
    • Case reveals extensive document forgery by Wright
    • Allegations of fabricated evidence to support false claims

Evidence of Nakamoto as a Collective Entity

Recent investigations suggest that Satoshi Nakamoto might be a collective entity rather than an individual. The usage of both “we” and “I” in the Bitcoin white paper hints at a team operating under a single pseudonym. This revelation adds another layer to the mystery surrounding the true identity of Bitcoin’s creator, casting further doubt on Wright’s claims.

  • Investigation hints at Nakamoto as a collective entity
    • Usage of “we” and “I” in the Bitcoin white paper
    • Suggests a team operating under a single pseudonym

Hot Take: Craig Wright Faces Asset Freeze

Despite Craig Wright’s claims and attempts to evade court orders, a UK judge has taken decisive action to freeze his assets globally. This ruling comes after a legal battle that debunked Wright’s false claims of being Bitcoin’s creator. The freezing order prevents Wright from transferring £6 million of his assets offshore, reinforcing the court’s stance against asset dissipation.

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UK Court Freezes Craig Wright’s £6M Assets 😱🔒