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United Kingdom High Court freezes Craig Wright’s assets

United Kingdom High Court freezes Craig Wright’s assets

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Source: Coin Telegraph

The judgment was issued to help podcaster Peter McCormack recover nearly $2 million in legal expenses from a defamation lawsuit filed by Wright.

The High Court of the United Kingdom issued a World Freezing Order against computer scientist and businessman Craig Wright’s assets, legal documents filed on July 5 revealed.

Wright’s assets were frozen to help podcast host and entrepreneur Peter McCormack, sued by Wright for libel in 2019, recoup roughly 1.5 million British pounds ($1.9 million) in legal fees.

Cointelegraph reached out to McCormack for comment but was unable to obtain a response by the time of publication.

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Author: Vince Quill