United Kingdom High Court freezes Craig Wright's assets

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United Kingdom High Court freezes Craig Wright's assets
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The High Court of the United Kingdom issued a Worldwide Freezing Order against Craig Wright following a ruling in a separate case that he is not Satoshi.

The judgment was issued to help podcaster Peter McCormack recover nearly $2 million in legal expenses from a defamation lawsuit filed by Wright.

The High Court of the United Kingdom issued a World Freezing Order against computer scientist and businessman Craig Wright's assets, legal documents filed on July 5 revealed. Wright's assets were frozen to help podcast host and entrepreneur Peter McCormack, sued by Wright for libel in 2019, recoup roughly 1.5 million British pounds in legal fees.

Cointelegraph reached out to McCormack for comment but was unable to obtain a response by the time of publication. The legal battle between Wright and McCormack began with comments McCormack made against Wright in several tweets and a YouTube video, accusing the computer scientist and entrepreneur of fraudulently asserting he was Satoshi Nakamoto, the pseudonymous inventor of Bitcoin , an industry group comprised of several defendants listed in Wright's lawsuit, provided at least 50 pieces of evidence,.

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