UK court freezes $7.6 million worth of Craig Wright’s assets to prevent court cost evasion | Headlines | News | CoinMarketCap
03/29/2024 22:05
A UK judge approved the freezing of £6 million ($7.6 million) worth of Craig Wright's assets to prevent him from avoiding court costs related to his …
A UK judge approved the freezing of £6 million ($7.6 million) worth of Craig Wright's assets to prevent him from avoiding court costs related to his claim that he is Satoshi Nakamoto, creator of the Bitcoin network.
The action was taken after Wright relocated some of his assets from the UK. This followed a court ruling concluding Wright was not Nakamoto, leading him to transfer shares of his London-based firm, RCJBR Holding, to a Singaporean company on March 18, according to a UK court document.
"Understandably, that gave rise to serious concerns on COPA’s part that Dr Wright was …