Craig Wright’s Assets Frozen After Court Ruling

A UK judge has frozen over $7.6 million of computer scientist Craig Wright’s assets after ruling that he is not the founder of Bitcoin.

Court Documents Reveal Concerns

Court documents show that the judge ordered the worldwide freeze to prevent Wright from avoiding court costs. The judge noted that Wright may have transferred his assets to Singapore to evade payments.

Previous Payment Failures

The judge also cited Wright’s history of failing to make court-ordered payments, including a $140 million judgment debt in the US and $400,000 in Norway.

COPA’s Lawsuit

Wright was sued by the Cryptocurrency Open Patent Alliance (COPA) for claiming to be the creator of Bitcoin. The judge ruled that there was “overwhelming evidence” that Wright was not Satoshi Nakamoto, the pseudonymous founder of Bitcoin.

COPA’s Statement

COPA released a statement after the ruling, saying that it was a victory for developers and the open source community. They stated that Wright had lied about his identity and used it to intimidate others.