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$7.4 Million of Craig Wright’s Assets Frozen – Decrypt

In January, Craig Wright offered to settle out of court, but COPA rejected. Court insists on full transparency of Wright's assets. Bloomberg.

by John Darbie
Sat, Mar 30, 2024 2:40am
in Business
• 2 mins read
14.8k
.4 Million of Craig Wright's Assets Frozen - Decrypt | FinOracle

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Worldwide Freeze on Craig Wright's Assets Amid Bitcoin Creator Dispute

In a significant twist to the ongoing legal saga, a UK court has escalated measures against computer scientist Craig Wright, after rejecting his claim of being the elusive Bitcoin creator, Satoshi Nakamoto. In a landmark ruling, Judge James Mellor issued a "worldwide freezing order" on Wright's assets, aimed at securing £6 million (approximately $7.4 million) to cover the legal fees of the Cryptocurrency Open Patent Alliance (COPA). This decision intensifies the legal battle between COPA, supported by Twitter co-founder Jack Dorsey, and Wright, which has been unfolding since February.

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