Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»BITCOIN NEWS»Judge orders global asset freeze for fake Satoshi Craig Wright
BITCOIN NEWS

Judge orders global asset freeze for fake Satoshi Craig Wright

By Crypto FlexsMarch 31, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Judge orders global asset freeze for fake Satoshi Craig Wright
Share
Facebook Twitter LinkedIn Pinterest Email

A British judge has ordered Craig Wright’s global assets worth $7.6 million (£6 million) after it was revealed he falsely claimed to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. ) issued an order to freeze the equivalent amount.

The order follows Wright’s decisive defeat in a landmark lawsuit against the Crypto Open Patent Alliance (COPA). In early March, Judge James Mellor debunked Wright’s long-standing claims, ruling that he did not write the Bitcoin white paper, create Bitcoin, or develop the initial software.

Now, Mellor has granted COPA’s application for a worldwide freeze injunction to prevent Wright from squandering assets and avoiding costs related to the case. A British judge ruled that Wright’s recent transfer of shares to an overseas company “raised serious concerns” about his intention to avoid an impending costs order.

Judge Mellor cites the freezing order ruling.

“That inevitably means that Dr. Wright falsified documents on a large scale and lied extensively and repeatedly during cross-examination.”

“Dr. Wright showed himself… pic.twitter.com/BBILIuZNG6

— hodlonaut 80 IQ 13%er 🌮⚡🔑 🐝 (@hodlonaut) March 28, 2024

Wright will now be required to disclose all assets worth more than $30,000 and will be prohibited from reducing his holdings below $7.6 million. The freeze reflects ongoing doubts about Wright’s credibility given his history of defaulting on court rulings and boasting of being “judgment evidence.”

The new freeze injunction further hinders Wright’s ability to pursue further Satoshi Nakamoto-related lawsuits. It also ensures COPA can continue to use its assets to cover the multi-million dollar bill it expects to recover after exposing Wright’s outlandish claims.

The British judge’s action to freeze Wright’s assets appears justified in light of his dishonest behavior. This story highlights that courts must use tools to prevent litigants like Wright from abusing the legal system and avoiding accountability.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Sequans starts $ 384M Bitcoin Treasury Initiative with Swan Bitcoin Partnership.

June 23, 2025

ECB Chairman Lagarde aims to seize the global order to strengthen the Euro’s global position.

June 17, 2025

Bitcoin aims for $ 115K after US CPI data prefers investors.

June 11, 2025
Add A Comment

Comments are closed.

Recent Posts

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Weed® Announces Partnership With Khalifa Kush; Launches Global Commercialization

June 26, 2025

GBM Launches Auction Festival With The Sandbox, Aavegotchi, Unstoppable Domains, And More

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025
Most Popular

Cross chain re -creation attack -Ackee Blockchain

March 19, 2025

Worldcoin suspends Spanish operations amid data protection investigation

June 7, 2024

Bitcoin

May 19, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.