Judge freezes Craig Wright's assets to prevent court cost evasion

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The action was prompted by Wright transferring some of his assets out of the UK following a court ruling that he is not Satoshi Nakamoto.

A UK judge approved the freezing of £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.

"Understandably, that gave rise to serious concerns on COPA’s part that Dr Wright was implementing measures to seek to evade the costs consequences of his loss at trial," Judge James Mellor wrote the document. "Although I have not yet heard detailed argument on costs, it is undoubtedly the case that COPA are the winning party," Mellor said. "They are highly likely to obtain an order for their costs."

 

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