The UK High Court has granted a global freeze order against Craig Wright
2024-07-06 18:00:07
The UK High Court has granted a global freezing order (WFO) against Craig Wright for £1.548 million (US $1.98 million). The ruling stems from an application by Peter McCormack arguing that the need for a WFO lies in the fact that the defamation allegations made by Wright are fraudulent in nature. Wright claims to be Satoshi Nakamoto, the creator of Bitcoin, and has asked McCormack to pay damages for the alleged defamation. The court found that Wright's allegations were based on fraud and supported by forged documents, raising concerns about the loss of assets. Despite Wright's objections, including against the purpose of the WFO and the commitment to comply, Judge James Mellor ruled that the WFO and related enforcement measures were essential to ensuring that McCormack recovered his legal fees. Judgments included orders requiring disclosure and enforcement of assets in jurisdictions including Australia, Seychelles, Antigua and Singapore.
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