Craig Wright ASSETS FROZEN WORLDWIDE

[Zoomic]

With all this that is happening to Craig Wright right now, you all will agree that Satoshi made the right decision when he disappeared and made himself (or themselves) unknown to all. Satoshi would have gotten himself in many troubles just like Craig Wright with the government and even his close competitors if he didn't leave when he did.

I just hope Craig Wright rests now from all the lies he is instigating against himself, drop the pride and save himself from further legal troubles as all his acts of deceit over the years has not really been in his favour. We just hope the court's ruling marks the end of Craig Wright's entanglement with Bitcoin.

[stompix]

I wonder how Bitcoiners will react if he will hide his assets in some counties that don't give a rat's ass about a UK decision!
The same people that cheered when the US couldn't seize anything probably will curse all day long seeing how CSW might get away too!

Let's see it's 1.5 mil now and 6.5 with COPA!
He still hasn't paid a dime of the $100 million to W&K in the Kleimna case, and I think he still has a lawsuit in the UK ongoing!
Since he's on a losing steak and obviously has no coins, I wonder if he's going to pay a thing or declare bankruptcy!

I don't think asset freezing lawsuit is going to stop him because this is not enough BSV will still exist as long as the BSV community is supporting it.

He needs 3 million BSV to pay all at current rates! 

[pooya87]

That's it guys, he's done. BSV is also finished.

BSV fall in price but it was when bitcoin and other coins were falling recently. As bitcoin and altcoins has been rising, it is following them. I will say BSV is in good state as for now.

I wouldn't call it "good state" but it is not going to go away that easily either. I've seen so many useless shitcoins that scammed their users and stuck around for a long time that I've lost count. BSV was centralized already and hadn't attracted that many traders specially since some big exchanges delisted it. So it will remain alive like a parasite on small and weird exchanges

[PrivacyG]

Imagine how much Craig could have done and won if he was an honest and respectable person.  Lying to the whole World and pretending to be who you are not in Court, falsifying records and doing all of that B S just to end up like the soggiest loser in the World right now.  All those Millions and no brain cell really.  Craig Wright is the living example that not every body who is a Millionaire is smart.

I am usually not happy to hear of an unfortunate event somebody else is living, but at this point Craig truly deserves what comes after him.

[Die_empty]

And about 3 months ago, UK court did same thing on case COPA against him[1]. I agree that he's (especially on cryptocurrency world), although i bet he manage to hide small amount of asset/money which unreachable by UK court.

Yes, I remember reading about this at that time, which raised some questions.

He was practically disgraced by the UK court and he lost the right to claim he was Satoshi. I thought the court would have ruled that he should pay all the legal fees incurred by the Crypto Open Patent Alliance. This would have devastated his finances.

- Can the court freeze his Bitcoin assets as well since it could be in a non-custodial wallet?

This is one of the benefits of decentralization. He can hide his funds from law enforcement agencies and it might never be discovered. They can only freeze the assets he has declared or those they can trace.

- When the court freezes rather than seizes an asset, under what conditions can it be unfrozen in this context?

The verdict can from a High Court so he still has the privilege of appealing the judgement in the Court of Appeal. He can secure a favorable government that can secure the unfreezing of his assets.

[DooMAD]

Imagine how much Craig could have done and won if he was an honest and respectable person. 

What actual skills does he have, though?  I figure without the deceit and the fraud, at best, he'd be a mid-tier IT worker.  Sociopathy disorder aside, there's nothing remarkable about him once you take away all the lies and misrepresentations.

[Knight Hider]

[mindrust]

Imagine how much Craig could have done and won if he was an honest and respectable person.  

What actual skills does he have, though?  I figure without the deceit and the fraud, at best, he'd be a mid-tier IT worker.  Sociopathy disorder aside, there's nothing remarkable about him once you take away all the lies and misrepresentations.

He definitely has some social skills but like you said it is probably a side effect of being a sociopath. You know, him being butt buddies with a billionaire like Calvin Ayre isn't something a random mid-tier IT worker could achieve. I don't know the current status of their relationship but they were acting together back in the day.

In June 2016, Andrew O'Hagan published a writer's account of the background behind Craig Wright publicly asserting himself to be Satoshi Nakamoto, the inventor of Bitcoin cryptocurrency, which made the news in May 2016. He revealed Ayre to be part of the business operation behind this affair, possibly even its ultimate organizer and the financial backer of the $30 million acquisition and development of Craig Wright's assets.[45] In August 2017, Ayre acquired cryptocurrency news site Coingeek.com.[46]

In 2020, Ayre sold his Bitcoin mining operations to Canadian firm TAAL Distributed Information Technologies Inc.[47]

Ayre briefly supported the Bitcoin Cash (BCH) blockchain[48] but withdrew his support in 2018 because the chain was preparing to make changes to the protocol that Ayre opposed. Ayre maintains that although Bitcoin SV (Satoshi Vision) trades under the ticker BSV, it is the original Bitcoin protocol because it hasn’t undergone the significant deviations from the Bitcoin white paper that have been imposed on the BCH and BTC blockchains.[49] Ayre predicted that the BTC token, which he refers to as “the Segwit coin that’s erroneously still called ‘bitcoin,’” would "go to zero value as it has no utility, it does not do anything and [its supporters] are intentionally anti-scaling.”[50]

He fought the court for years and I even once thought; "he might win" even though he was full of shit. I thought so because there are many evil people who have billions of dollars and they made that money by fucking people over. Why not one more? Somehow he failed. Good for us.

[DaveF]

Imagine how much Craig could have done and won if he was an honest and respectable person. 

What actual skills does he have, though?  I figure without the deceit and the fraud, at best, he'd be a mid-tier IT worker.  Sociopathy disorder aside, there's nothing remarkable about him once you take away all the lies and misrepresentations.

He scammed a lot of people for a lot of things over a long time. So he does have some real skill at being a slick snake oil salesmen.
Which is a skill set in and of itself. I know plenty of people who could not sell free money if their lives depended on it.
It's a shame really, since had he put his skill to good use, he probably could have been fairly wealthy as someone selling high end products.

Beyond that he has no redeeming qualities whatsoever.

-Dave

[Upgrade00]

He is a businessman and a computer expert which also means he don't have to worry about the funds being frozen.

He is a scammer and a sociopath. I cannot imagine any legitimate business wanting to be associated with him after this recent rulings. BSV does not count as a legitimate business.

After years of most people ignoring his BS, it's good he was finally taking seriously as he wanted to be and with this we shouldn't be getting any fake satoshis popping up anytime soon.

[MinoRaiola]

I don't think asset freezing lawsuit is going to stop him because this is not enough BSV will still exist as long as the BSV community is supporting it. And he has already been proven not to be a real satoshi by the UK government which means he lost his trust at that time but people are still supported him. I think he must be making some money from these cringe cases. I am happy that he got what he deserved not because he is faking himself as Satoshi but because he sued the podcaster and cost him money.

He is a businessman and a computer expert which also means he don't have to worry about the funds being frozen.

I also believe that he is not completely defeated by this. Not only will BSV have brought him more money, there may be more coins that he hasnt talked about, or perhaps still does. There are certainly other people who support him and see Satoshi in him, but most of them will have understood that bitcoin must remain without a first person so that we can all continue to believe in bitcoin. If it had turned out differently, then the purpose of bitcoin would not have been the right one in the long term. so everything is okay with this news. Thank you.

[Stalker22]

I dont usually wish people harm, but this guy deserves everything that comes his way. That Ayre guy too. He was the one who funded Wright in his illegal attempt to hijack Bitcoin from the people. They both deserve a beggar's stick, and BSV deserves to go to zero because of them.  I feel sorry for all the fools who fell for their lies and invested in that shitcoin, but ultimately, they have themselves to blame.

[darkangel11]

Imagine how much Craig could have done and won if he was an honest and respectable person. 

What actual skills does he have, though?  I figure without the deceit and the fraud, at best, he'd be a mid-tier IT worker.  Sociopathy disorder aside, there's nothing remarkable about him once you take away all the lies and misrepresentations.

Skills? A professional liar, has a friend who's a millionaire, BA in political science, MA in labor and industrial relations, and of course PhD in theology...
If we combine all that he can tell you that God wanted him to lose the battle in court because he has more important things in mind for his subject Craig.
If Craig played his cards right and exchanged some of that BSV for BTC years ago, he could be set for the afterlife

[Silberman]

I dont usually wish people harm, but this guy deserves everything that comes his way. That Ayre guy too. He was the one who funded Wright in his illegal attempt to hijack Bitcoin from the people. They both deserve a beggar's stick, and BSV deserves to go to zero because of them.  I feel sorry for all the fools who fell for their lies and invested in that shitcoin, but ultimately, they have themselves to blame.

We are not really wishing him harm, we just want justice, CW has being lying for too long and making the life of anyone that disagrees with his claims a living hell, so it is completely natural that anyone that cares about bitcoin and that has taken the time to look at the evidence to not be happy about this, since we have known that his claims are not really true for a long time, so this is just a confirmation we have been right all along and now CW has to pay for what he did.

[cabron]

So why are they doing this now to Craig Wright. Why now?

It's been known to the community he isn't the real author of Bitcoin whitepaper and he isn't Satoshi. This man has become controversial for a long time, and once upon a time, he was used to spreading fud and bringing prices down, and then all of a sudden this guy is just shut down like there is martial law.

Someone has to connect the dots to figure out what went wrong with Craig and his friends this time. Because I'm certain this guy is a big shot to them but now seem useless anymore.

[Z-tight]

I feel sorry for all the fools who fell for their lies and invested in that shitcoin, but ultimately, they have themselves to blame.

Yeah, they do have themselves to blame for believing a liar and a conman, Craig Wright deserves all the shit he is getting, how do you try for so long to deceive people into believing what you are not, dragging BTC developers to court and presenting false documents in court. People like Craig is proof that some humans can really be deceitful and go to any length to scam and i wish him all the worst.

[PrivacyG]

What actual skills does he have, though?  I figure without the deceit and the fraud, at best, he'd be a mid-tier IT worker.  Sociopathy disorder aside, there's nothing remarkable about him once you take away all the lies and misrepresentations.

Given every thing he tried to do to cover up his butt cheeks and lie and how well he managed to convince the more naive to Trust him and believe in him, I presume there are a few Skill sets he owns.  Agreed with DaveF, these are things not everybody can do.

Even with no Skills, with that much value sitting in your Assets you can still live a great life with zero trouble if you have the proper brain cells.  He used all these brain cells against himself and the false image he thought would earn him a lot of Respect actually ended up humiliating him.  It is baffling to see somebody going down like that to say the least.  In fact, I really believe a lot of Sociopaths and Psychopaths are particularly smart and intelligent.  Unfortunately, they just use the intelligence they possess the wrong way.

[BoB_Bass]

I have been following the CSW/BSV scam for quite a number of years now as I find it a fascinating study in human behaviour that goes far beyond the cryptocurrency scene.  I am new to this forum so I am not too clever at quoting several comments but I will try to reply to the main points brought up here.

Several comments mention that he is an intelligent guy who could have been successful if he wasn't so dishonest.  If one was to look into his history one would find that almost all of his businesses have failed, leaving unpaid bills and employees.  He was a mid-tier IT guy at best who was always  retrospectively trying to make himself into something bigger than he really was, by changing old blog posts, claiming titles and qualifications that he hadn't earned, and he seemed to have no qualms in using dead people to add to his tall tales in a way that he hoped wouldn't be questioned.

One of the reasons I find CSW so interesting is that he used a similar M.O. to Trump in how he tried to find supporters. Like Trump he tried to portray himself as a conservative Christian, somehow morally superior to others despite a long history of dishonesty and corruption.  One of the most fanatical CSW supporters on social media is a fundamentalist Christian of the worst type.  Also, like Trump, CSW liked to portray himself as fighting a powerful, insidious enemy, the "elite", in CSW's case his supporters claimed that Greg Maxwell, Adam Back and others were part of some fantastic Epstien, Mastercard, Illuminati type conspiracy with wealthy bankers and judges supporting them.  While in reality CSW had a very wealthy guy backing him using the legal system to try and destroy the lives of regular people who spoke out honestly about him and who couldn't match his spending in the law courts.  Similar to how Trump supporters claim that he is fighting these "Elites" when he is in fact a guy that was born into great wealth and has never had to work in his life.

Another way that CSW attracted support was the old favourite of crypto scammers who try to convince people who didn't get into bitcoin early that their shitcoin is going to be the "next bitcoin", except in BSVs case Craig had the added claim that his coin was the "real bitcoin" and that one day the rest of the world would realise that and they were all going to be very rich.  And if that didn't work he was just going to sue everybody until they saw the light and bought BSV.  Who knows how many people fell for this and sold all their bitcoin to buy BSV instead, thinking it was the smartest financial decision ever.  An additional irony is that if CSW and his benefactor Calvin Ayre had just bought and held Bitcoin instead of launching a competing currency and embarking on a massive round of global litigation ( estimated at $100M) they would be amongst the wealthiest Bitcoiners in the world right now.

One more thing I would like to add is that the Faketoshi scam was not a great masterplan from the beginning.  It started with a bit of tax rebate fraud in Australia, Craig tried to tie Bitcoin into his explanation when he got caught out there, and as time went on he had to keep coming up with bigger lies to stay out of prison.  Claiming to be Satoshi and starting a rival cryptocurrency were never the original plan but as time went on and the lies multiplied the stories became more and more bizarre.  It looks like he has finally painted himself into a corner that he can't get out of now.

If anybody is interested in learning more about the Faketoshi scam Arthur Van Pelt on Twitter and Medium has probably the best, most thorough writing on the subject.  The Satoshi Affair by Andrew O' Hagan is also a great introduction to the early days of the scam.

Edit.  Many thanks to Foxpup for my first merits.

[Liliana1304]

At last! His aim to silence the Bitcoin community and those who were against his claim of being Satoshi has come to naught and he's left with frozen assets? What a surprising turn of events. Remembered when he had that lawsuit filed against crypto podcaster, Peter McCormack for defamation simply because the latter was really calling him out to be the fake that he is.
 
It's a wonderful news indeed and Peter McCormack will be getting his settlement of $1.9m else Craig's assets will remain frozen but what about the many that have been blinded by this man? Do they get recompense?
This guy really got another thing coming if he thinks he can lay claim to all or part of the Bitcoin attributed to Satoshi by claiming he is the Satoshi? What a dreamer!
This lawsuit is another win for the crypto space at large because this guy has been a thorn in the side of as many who as much as have a different opinion about him not being the founder of Bitcoin.

[Casdinyard]

https://dailyhodl.com/2024/07/06/self-proclaimed-bitcoin-creator-craig-wright-slapped-with-an-assets-freezing-order-over-libel-lawsuit/

Self-Proclaimed Bitcoin Creator Craig Wright Slapped With an Assets Freezing Order Over Libel Lawsuit
Daily Hodl Staff July 6, 2024 BITCOIN, REGULATORS

The High Court of the United Kingdom is freezing the assets of computer scientist and businessman Craig Wright, according to new legal documents.

The court issued a worldwide freezing order (WFO) upon the request of podcaster Peter McCormack with the aim of recouping his legal fees incurred when Wright sued him for defamation.

McCormack tells his 543,000 followers on the social media platform X that the order froze roughly 1.54 million British pounds ($1.9 million) worth of Wright’s assets, which could help him recoup his legal fees.

Says Justice James Mellor in his ruling,

“Wright was using the law of defamation … to silence anyone who dared to contend that Dr. Wright was not Satoshi or to question his claim… I was entirely satisfied that Mr. McCormack has a good arguable case (indeed a very strong case) for recovery of costs in the sum of £1.548 million.”

Wright proclaimed himself to be Satoshi Nakamoto for years. However, a judge ruled in March that there was overwhelming evidence that Wright is not actually Satoshi nor is he the author of the Bitcoin (BTC) white paper, the original thesis behind the digital asset.

Wright had sued McCormack, host of the What Bitcoin Did podcast, for libel after he called Wright a “fraud” when challenging the computer scientist’s claim that he was the pseudonymous Bitcoin creator Satoshi Nakamoto.

That's it guys, he's done. BSV is also finished.

This is amazing news if I do say so myself. For years we've been trying to debunk and clown on this stupid fuck's face without fail and it's actually at the very least great that we have the government protecting the general welfare of the public.

The fact of the matter is that this clown's trying to claim he's Satoshi so he could launch shit under the fame of the pseudonym and make bank off of all gullible fucks out there just like when Elon tried to make bank by going all ham on bitcoin and crypto on all his social media.

Only question that I have in mind at this point is whether this is admissible to the highest degree. His assets are frozen, but how could it be if in any case his shit is in a non-custodial wallet? In which case wouldn't it be better to just seize his assets altogether?

Anyone who could explain it better to me?