The High Court of the United Kingdom has issued a World Freezing Order against assets belonging to computer scientist and businessman Craig Wright, as revealed in legal documents filed on July 5. This action aims to assist podcast host and entrepreneur Peter McCormack, who was sued by Wright for libel in 2019, in recovering approximately 1.5 million British pounds ($1.9 million) in legal expenses. Despite attempts to reach out to McCormack for comment, no response was obtained at the time of publication.

Background: Craig Wright vs. Peter McCormack

The legal dispute between Wright and McCormack originated from critical comments made by McCormack on various platforms, including tweets and a YouTube video. McCormack accused Wright, a computer scientist and entrepreneur, of falsely claiming to be Satoshi Nakamoto, the mysterious figure behind Bitcoin. In response to these accusations, Wright initiated a lawsuit against McCormack, alleging defamation of his character.

Court Decides Wright is not Satoshi

Wright asserted his identity as Satoshi Nakamoto in 2016 and used this claim to file legal actions against 13 Bitcoin Core developers, arguing that they infringed on his copyrights related to the Bitcoin white paper and various features of the decentralized protocol. The Crypto Open Patent Alliance (COPA), a coalition of defendants named in Wright's lawsuit, presented over 50 pieces of evidence, accusing Wright of producing counterfeit documents to support his fabricated personal history. Following thorough examination of the evidence, the court ruled that Wright's claim of being Nakamoto was unfounded, thereby putting an end to the intellectual property dispute that could have had substantial ramifications for the Bitcoin community.

Judge James Mellor's pivotal decision exposing the falsehood of Wright's assertions regarding his role in Bitcoin's creation not only cleared McCormack of the accusations of defamation but also validated his right to seek legal redress. The ruling marked a significant milestone in the legal battle between the two parties.