• 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

SpotDraft's Valuation Surges Following Qualcomm Investment

chest

SpotDraft's valuation has surged from $190 million to $380 million following an $8 million investment from Qualcomm Ventures.

user avatarTenzin Dorje

SpotDraft Secures $8M Investment from Qualcomm Ventures

chest

SpotDraft, a legal AI startup, has secured an $8 million investment from Qualcomm Ventures, doubling its valuation to $380 million.

user avatarBayarjavkhlan Ganbaatar

Aave Continues to Anchor DeFi Despite Market Uncertainty

chest

Aave continues to be a significant DeFi protocol despite current price action reflecting uncertainty.

user avatarMohamed Farouk

WLFI Balances Growth and Regulatory Compliance

chest

WLFI is expanding its lending platform while seeking regulatory approval, balancing innovation with compliance.

user avatarKenji Takahashi

Cronos Shifts Focus to Institutional-Grade Infrastructure

chest

Cronos is shifting focus from retail trading to institutional-grade infrastructure, enhancing its long-term utility.

user avatarKenji Takahashi

Comprehending the Functionality of the Altcoin Season Index.

chest

The Altcoin Season Index quantifies market sentiment by analyzing the performance of top cryptocurrencies against Bitcoin.

user avatarElias Mukuru

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.