Man who claims he invented bitcoin faces prison after filing $1.1 trillion suit

Quick Summary:

UK judge issues 1-year suspended prison sentence as Wright hides in Asia.

Wright "was sentenced for contempt of court on Thursday" for bringing a 911 billion pound ($1.1 trillion) lawsuit "against Twitter founder Jack Dorsey's payments company Block in Britain," Reuters wrote.

Wright defied an order to attend a court hearing in person this week and said he is in Asia.

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Article Details

Author / Journalist: Jon Brodkin

Category: Technology

Markets: United StatesAustralia

Topics: Craig Wright Satoshi nakamoto Policy Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 18:46:14 (5 days ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 115 words

Reading Time: 1 minutes read

Sentences: 62 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 24630559

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About Ars Technica

Main Topics: Technology

Official Website: arstechnica.com

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Year Established: 1998

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News Last Updated: 21 hours ago

Coverage Areas: United States

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Publisher ID: #32

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