• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Craig Wright: Skipping Court Hearing Could Lead to Arrest

user avatar

by Giorgi Kostiuk

a year ago


Craig Wright, claiming to be Satoshi Nakamoto, skipped the London court hearing citing financial difficulties, which may lead to his arrest.

Refusal to Attend the Hearing

The hearing at the Royal Courts of Justice is part of a legal battle with the Crypto Open Patent Alliance (COPA), asserting Wright breached a prior court order. The breach is related to his involvement in a £900 billion lawsuit against over 100 companies.

COPA's Proposal and Wright's Response

Wright's absence raised concerns that he might be dodging accountability for his actions. COPA offered to cover his travel expenses, but Wright declined the offer, claiming that he lost contracts due to COPA's actions.

Legal Proceeding Consequences

COPA's counsel, Jonathan Hough, argues Wright's absence from court is a voluntary act to avoid legal consequences of contempt. The judge has scheduled a hearing for tomorrow for sentencing, which Wright can attend remotely. COPA insists on an 18-month jail sentence.

The legal hearing will continue, with Wright expected to participate remotely to avoid harsher repercussions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum's Exchange Netflow Behavior Suggests Supply Tightening

chest

Ethereum's recent Exchange Netflow behavior indicates that price pullbacks are met with accumulation rather than distribution, suggesting a tightening supply.

user avatarKaterina Papadopoulou

International Scrutiny Intensifies on xAI's Grok Following California Order

chest

International scrutiny on xAI's Grok intensifies as multiple countries launch investigations following California's cease-and-desist order.

user avatarMaya Lundqvist

Anchorage Digital Aims for $400 Million Pre-IPO Fundraising

chest

Anchorage Digital is reportedly aiming to raise up to $400 million as part of its preparations for a potential IPO.

user avatarLeo van der Veen

Bittensor Price Remains Stable Amid Market Fluctuations

chest

Bittensor (TAO) maintains a stable price around 285, showing resilience in a fluctuating market.

user avatarLi Weicheng

Bitcoin OG Selling Pressure Falls Sharply After Recent Peak

chest

Recent data indicates a sharp decline in Bitcoin selling by long-term holders, known as OG investors.

user avatarAisha Farooq

US Treasury Secretary Scott Bessent Attributes Inflation to Service Sector

chest

US Treasury Secretary Scott Bessent attributes rising inflation to the service sector rather than tariffs.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.