The saga of Craig Wright’s false claims to be Satoshi Nakamoto, the creator of Bitcoin, has taken a new turn as a U.K. judge orders a worldwide freeze on $7.6 million of his assets. This decision comes after Wright lost a landmark lawsuit against the Crypto Open Patent Alliance, where the judge ruled that Wright did not author the Bitcoin whitepaper or create the cryptocurrency.
The freezing injunction aims to prevent Wright from dissipating assets and evading costs related to the case, especially after he transferred shares to an overseas company, raising suspicions about his intentions. Judge Mellor’s ruling highlights Wright’s extensive lies and forgery, leading to doubts about his trustworthiness.
This freeze not only hampers Wright’s ability to pursue further litigation related to Satoshi Nakamoto but also ensures that assets are available to cover the costs bill expected by COPA. The judge’s actions underscore the importance of preventing individuals like Wright from abusing the legal system and evading accountability.
