Judge Freezes $7.6 Million of Craig Wright's Assets Over Concerns He Was Transferring Funds to Avoid Paying Court Costs
• Judge freezes $7.6 million of Craig Wright's assets to prevent him from moving them offshore and evading court costs • Ruling comes after court found Wright was not actually Bitcoin's inventor Satoshi Nakamoto as he had claimed • Freeze ordered due to concerns Wright was transferring assets to avoid paying estimated $6.7 million in court costs • Judge cites Wright's history of defaulting on money payment orders as evidence of "real risk of dissipation" • Ruling made in case brought by Crypto Open Patent Alliance (COPA) which Wright lost and now owes substantial costs