UK Judge Freezes $7.6 Million of Craig Wright’s Assets After Ruling He Is Not Bitcoin’s Founder
A UK Judge has frozen assets worth $7.6 million belonging to computer scientist Craig Wright, ruling that he is not the creator of Bitcoin, Satoshi Nakamoto.
The Judgment
- Court documents reveal that the judge ordered a worldwide freeze of over £6 million of Wright’s assets to prevent him from avoiding court costs.
- The judge noted Wright’s attempt to transfer his shares to a company in Singapore to evade costs.
- Previous Incidents
- The judge highlighted instances where Wright failed to pay court-ordered debts in the US and Norway.
- COPA Lawsuit
- COPA, a crypto advocacy group, sued Wright for falsely claiming to be Satoshi Nakamoto, the creator of Bitcoin.
- The judge ruled in favor of COPA, stating there was “overwhelming evidence” that Wright was not Satoshi Nakamoto.
- After the court ruling, COPA celebrated the victory, stating that the truth about Wright’s identity had been revealed.
- The statement from COPA emphasized the impact of Wright’s lies on the open-source community.
The Impact
Hot Take: Truth Prevails in Crypto
Craig Wright’s attempt to claim the identity of Bitcoin’s creator has been debunked by a UK Judge, emphasizing the importance of honesty and integrity in the cryptocurrency space.
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