Satoshi Nakamoto’s Assets Worth £6 Million Frozen by Court! UK Judge Fears Potential Asset Stripping by Fake Satoshi Nakamoto

British judge James Mellor has ordered the freezing of Craig Wright’s assets worth 6 million pounds worldwide to prevent him from transferring his assets overseas and evading payment of legal costs related to ongoing lawsuits. The order came after Judge Mellor ruled that Craig Wright is not Satoshi Nakamoto, the anonymous creator of Bitcoin, nor the author of the Bitcoin whitepaper.
Craig Wright, an Australian computer scientist, who has long claimed to be Satoshi Nakamoto and is known as “Faketoshi” in the crypto community, was sued by the Cryptocurrency Open Patent Alliance (COPA) last month. In the recent ruling on COPA’s lawsuit against Craig Wright, Judge James Mellor concluded that Craig Wright is not Satoshi Nakamoto and not the author of the Bitcoin whitepaper. As a result, Judge Mellor ordered the freezing of Craig Wright’s assets worth 6 million pounds globally to prevent him from avoiding payment of legal costs in this case.
Craig Wright has faced several legal setbacks in recent years, including being unable to provide the private keys as proof and being caught fabricating evidence. These defeats have led him to publicly express his resignation in convincing others that he is the creator of Bitcoin. For example, in February last year, Craig Wright lost a case in the High Court of England, where the judge ruled that the format of Bitcoin (including the header sequence and transaction list containing metadata) cannot be considered a literary work. This was because Wright failed to demonstrate how the Bitcoin format was initially recorded in writing or in any other way, which is known as the “fixation” test under copyright law in Europe and America.
During that case, Craig Wright claimed that he wrote the Bitcoin whitepaper in 2008 under the pseudonym Satoshi Nakamoto and that he had the right to prevent the operation of blockchains that forked from the original Bitcoin, including the BTC and BCH blockchains, as these forks infringed his intellectual property rights. He also filed claims against many defendants related to Bitcoin, including Coinbase exchange and 26 other entities.