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Topic: Craig Wright ASSETS FROZEN WORLDWIDE - page 2. (Read 466 times)

hero member
Activity: 882
Merit: 1873
Crypto Swap Exchange
July 07, 2024, 10:02:27 AM
#24
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.
legendary
Activity: 3472
Merit: 10611
July 07, 2024, 09:58:22 AM
#23
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 Cheesy
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
July 07, 2024, 09:52:25 AM
#22
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!  Grin

sr. member
Activity: 616
Merit: 271
July 07, 2024, 09:23:07 AM
#21
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.
hero member
Activity: 1386
Merit: 513
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July 07, 2024, 08:46:10 AM
#20
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.
hero member
Activity: 784
Merit: 672
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July 07, 2024, 08:11:06 AM
#19
I would feel very bad for him but since he's a known liar and that's why I'm totally unemotional for that guy. Finally, the self-proclaimed Bitcoin creator has got some good treatment by a court.

Although, most of his assets that are known by government will be frozen but that guy isn't a naive person and he should've kept some assets hidden from government which he may use when needed.

But, at least it sounds good to hear that all his visible and legal assets are now frozen and I also believe he won't be able to create any fud now or in future.
hero member
Activity: 2156
Merit: 803
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July 07, 2024, 08:10:22 AM
#18
snip..
Craig Wright is facing some serious legal troubles! His assets have been frozen twice this year, amounting to millions! If, I am correct with the news I am following about him. The first time was in March after a court battle where he claimed to be Satoshi Nakamoto, the creator of Bitcoin.

However, the judge didn't believe him and ordered him to pay much. I am not certain about it, but it was a big! To ensure that he pays, the court froze some of his cash. Then, his assets were frozen again in July due to a separate lawsuit.

A podcaster he sued for defamation is concerned that Wright may be unable to cover legal fees if he loses, so the court put a hold on his assets again. Essentially, these freezes are like putting a lock on his wallet until these court cases are resolved.
hero member
Activity: 2520
Merit: 783
July 07, 2024, 08:06:31 AM
#17
This is the consequences of his past stunts made and he create a trouble for his self for exposing to much his identity also his activities on crypto scene.

Now with that being said I think Craig Wright is done and for sure he cannot spread anything lies then also for sure they lose again his credibility for that situation. His influence didn't save him and I guess many people are done with his scam claims also his circus over the internet.

If this is the karma of scamming people and claiming that he is Satoshi Nakamoto? Well I guess yes so I guess he learn a lesson for all he do in a hard way.
member
Activity: 66
Merit: 5
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July 07, 2024, 07:56:12 AM
#16
Craig is a fraud with political power, although time has caught up with him now.

One thing people like him do forget is that no matter the political backup you have once it's broken nobody can save you. that dude was a scammer was a scammer with authoritative power to even oppress people who knows the truth.

You can't keep fooling people, in my local proverbs that says everyday for the thief one day for the owner, his days are over.
jr. member
Activity: 28
Merit: 37
July 07, 2024, 06:32:13 AM
#15
...and to those who blindly followed him, they will have a chance to get their funds back with enough proof they have.

And lose their money to the next scammer in line, people like this never learn.
hero member
Activity: 2268
Merit: 588
You own the pen
July 07, 2024, 06:29:53 AM
#14
The problem with him is he was gathering funds from his fanatics fans who believes that he was really Satoshi and they gave him whatever he ask for and now they obviously regret their decision.

This is good news because someone will quickly move his assets somewhere safe after he got busted and to freeze everything means they cannot benefit in it anymore and to those who blindly followed him, they will have a chance to get their funds back with enough proof they have.
legendary
Activity: 3668
Merit: 6382
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July 07, 2024, 06:10:11 AM
#13
That's it guys, he's done.

It's about time. He did a fair share of damage until this point, sadly. Now it's just fair to pay for all that.

It's quite refreshing to see the truth and unity did prevail after all.
As many have already said: welcome to the law, mother fucker!

His frozen assets are a good advertisement for cryptocurrency and non-custodial wallets.

LOL, very good point! However, I'll make a small correction/addition: non custodial wallets on a decentralized proper cryptocurrency. (Let's not count BSV, USDT and such.)
legendary
Activity: 3248
Merit: 1402
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July 07, 2024, 06:03:42 AM
#12
That's wonderful news. Craig has been a nuisance for many years, and there's finally a serious country with a strong court system setting things right. Just recently, COPA won a case against Craig, with a UK court deciding that he isn't Satoshi.
This asset freezing case isn't a major one, as it is just to get the legal fees out of him for another court case, but it became possible thanks to the former UK court's decision against Wright. What's lovely is that the legal system in the UK is that of precedent law, so it will be harder for the next Faketoshi to conduct similar activities.
jr. member
Activity: 28
Merit: 37
July 07, 2024, 06:00:08 AM
#11
He wanted to scam the system, system scammed him.

His frozen assets are a good advertisement for cryptocurrency and non-custodial wallets.

He claims to be a billionaire..

Many people claim to have seen Jesus Christ himself.

Scammers often fake being rich to gain more credibility.

This tactic is being used by many fake gurus on YT like Robert Kiyosaki or Manny Khoshbin, they fake being rich to sell you useless books and lessons so they become truly rich and scam even more.

"Money attracts Money" is the name of the game.
member
Activity: 210
Merit: 31
July 07, 2024, 05:59:40 AM
#10
The article says that only $1.9 million USD worth of funds were frozen, which is a little misleading from your "worldwide" title. He claims to be a billionaire, referring to his Tulip trust which supposedly has 1.1 million BTC in it (worth $93 billion), so there's no doubt he will just skip, hop, jump and run away from this.

The truth is Craig Wright is a complete psychopath. There's no doubt he is wealthy, even if he is only a millionaire and not a billionaire as he alleges. Still think about, imagine deciding to sue others for defamation and try and destroy them in legal fees to claim that you are the creator of something you didn't make? Is it really still all just for money? The dude must have mental health issues to even do something like this.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
July 07, 2024, 05:45:29 AM
#9
A shameful end for Craig Wright (the fake Satoshi), he deserved this end after all this long time he occupied the judiciary and the Bitcoin community for years. Even though he knows he's lying.

I don't know what he really benefited from this empty claim. He lost his money and his reputation, as well as his BSV coin, which he claimed was the original Bitcoin according to Satoshi's vision. Did he really dream of winning one day?
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
July 07, 2024, 04:29:24 AM
#8
BSV is pure manipulative game and how many people actually have demand to use BSV blockchain for storage and transaction?
Did I posted that BSV is a good coin? No. I only posted that it is not yet in bad state which is true. Most altcoins are manipulative games.

It's risky. The BSV blockchain is less secured than Bitcoin blockchain and holding BSV can cause you loss too.
https://howmanyconfs.com/
I did not compare BSV with BTC. Even ethereum, BSC, solana and other blockchains are less secure than bitcoin blockchain.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
July 07, 2024, 04:18:04 AM
#7
- Can the court freeze his Bitcoin assets as well since it could be in a non-custodial wallet?

- When the court freezes rather than seizes an asset, under what conditions can it be unfrozen in this context?
Government can seize his bitcoin but can not freeze his bitcoin if there is no suit to arrest him and force him to give private key to the court or government.

Freeze is only possible with altcoins, with smart contracts and support from projects' developer team. Freeze is impossible with Bitcoin, with non custodial wallets as only the owner has access to private keys.

PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets

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.
BSV is pure manipulative game and how many people actually have demand to use BSV blockchain for storage and transaction?

It's risky. The BSV blockchain is less secured than Bitcoin blockchain and holding BSV can cause you loss too.
https://howmanyconfs.com/

An old article on a comparative analysis of Bitcoin forks.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
July 07, 2024, 04:11:25 AM
#6
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.

But Craig Wright has been finished already. His bad actions of lies led him to this. People can know the beginning of a war but they can know the ending of the war until after the end. This is what happened to Craig Wright.

Nobody will pity the man at all.
legendary
Activity: 3276
Merit: 2442
July 07, 2024, 04:08:12 AM
#5
Good but it did take too long. The damage is already done. He scammed thousands of people. Many people will lose their life savings because of him. Craig had enormous wealth and he delayed what's coming for him for a very long time. Some people though, probably deserved it for supporting BSV but I don't think all BSV supporters were lunatics like Craig. Some of them were probably just innocent fools. BSV has $721 million market cap at the moment. (bsv price: $36) Soon it will be much lower. It is as good as dead. BCH played this smarter than BSV. At least it is above LTC in terms of market cap at the moment.
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