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Home»Regulation»Self-proclaimed Bitcoin Creator Craig Wright Hit With Asset Freeze Order Over Defamation Lawsuit
Self-proclaimed Bitcoin Creator Craig Wright Hit With Asset Freeze Order Over Defamation Lawsuit
Regulation

Self-proclaimed Bitcoin Creator Craig Wright Hit With Asset Freeze Order Over Defamation Lawsuit

2024-07-06No Comments2 Mins Read
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The United Kingdom’s Supreme Court is freezing the assets of computer scientist and businessman Craig Wright, according to new legal documents.

The court issued a worldwide freezing order (WFO) at the request of podcaster Peter McCormack with the aim of recovering the legal costs he incurred when Wright sued him for defamation.

McCormack tells his 543,000 followers on social media platform

Judge James Mellor says in his ruling:

“Wright used the law of defamation… to silence anyone who dared to claim that Dr. Wright was not Satoshi, or to cast doubt on his claim… I was fully satisfied that Mr McCormack has a well-argued case (indeed a very strong case) for cost recovery to the tune of £1.548 million.”

For years, Wright proclaimed himself Satoshi Nakamoto. However, a judge ruled in March that there was overwhelming evidence that Wright is not actually Satoshi, nor the author of the Bitcoin (BTC) white paper, the original thesis behind the digital asset.

Wright had sued McCormack, host of the What Bitcoin Did podcast, for defamation after calling Wright a “fraud” when he disputed the computer scientist’s claim that he was the pseudonymous Bitcoin creator Satoshi Nakamoto.

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