Summary
TLDR: A U.K. judge froze $7.6 million of Craig Wright’s assets worldwide after he falsely claimed to be Satoshi Nakamoto. The freeze comes after Wright lost a lawsuit against COPA and the judge found he lied extensively. Wright must now disclose assets and is prohibited from reducing his holdings. The freeze prevents him from evading costs related to the case and pursuing more litigation.
Key Points
1. A U.K. judge has ordered a freeze on $7.6 million worth of Craig Wright’s assets worldwide after finding that he falsely claimed to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.
2. The freeze reflects ongoing doubts about Wright’s trustworthiness, given his history of defaulting on court judgments and boasts about being “judgment proof.”
3. The British judge’s actions to freeze Wright’s assets appear justified in light of his dishonest behavior, highlighting the need for courts to prevent litigants like Wright from abusing the legal system and evading accountability.