Craig Wright Officially Hit with Perjury Charges By United Kingdom Prosecutors

IconCryptoNewsTerminal Staff16 Jul, 2024

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Craig Wright Officially Hit with Perjury Charges By United Kingdom Prosecutors

Craig Wright, the self-proclaimed creator of Bitcoin, recently found himself in hot water with the law following charges of perjury brought forth by United Kingdom prosecutors. This marks a significant development in the ongoing legal battle between Wright and prominent Bitcoin podcaster Peter McCormack. In connection to a libel case that Wright lost in 2019, proceedings took a dramatic turn when the UK High Court froze a substantial amount of Wright's assets, valued at £1.548 million. This move was intended to prevent Wright from dissipating his assets in an attempt to evade paying the legal costs associated with the case. The recent perjury charges against Wright are just the latest in a series of legal challenges he has faced and serve as a reminder of the ongoing scrutiny surrounding his claims and activities within the cryptocurrency community.

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