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CryptoIntelligence 2024-04-02 10:41:00

UK Court Freezes £6 Million of Craig Wright’s Assets Amid Legal Battle Over Claims of Being Bitcoin’s Creator

UK Court Freezes £6 Million of Craig Wright’s Assets Amid Legal Battle Over Claims of Being Bitcoin’s Creator

In a landmark decision by a UK court, £6 million ($7.6 million) of Craig Wright‘s assets have been frozen to ensure he can’t avoid paying legal costs from a lawsuit where he claimed to be Satoshi Nakamoto, Bitcoin’s founder. This ruling followed revelations that Wright had transferred assets outside of the UK after a court had previously dismissed his claim to be Nakamoto. Specifically, Wright shifted shares from his London-based company, RCJBR Holding, to a Singaporean firm on March 18, leading to heightened concerns over his intentions. Judge James Mellor, addressing these actions, stated, “Understandably, that gave rise to serious

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