Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
Summary
A UK judge has frozen £6 million ($7.6 million) of Craig Wright's assets to prevent him from moving them offshore following a court case that determined he was not the inventor of Bitcoin, Satoshi Nakamoto. The case was brought by the Crypto Open Patent Alliance (COPA), which also found that Wright did not author the Bitcoin white paper or the initial versions of the Bitcoin software. After the decision, Wright transferred shares in his RCJBR Holding company to DeMorgan, a Singapore-based company. COPA's costs from the case amount to about £6.7 million. The judge noted Wright's history of defaulting on payment orders and expressed concern that he was attempting to evade the costs of the trial.
