Bitcoin 'Inventor' Must Post Security In £4B Hacking Suit

By Christopher Crosby (January 5, 2022, 10:59 AM GMT) -- The self-described creator of Bitcoin must post security for a lawsuit seeking to force developers to rewrite the code to his account after hackers allegedly stole the keys to £4 billion ($5.3 billion) in cryptocurrency, a judge in London ruled on Wednesday.

Craig Wright is suing software developers to regain access to his Bitcoin account after he was locked out following a hack that he says deleted the private keys on his computer. (AP Photo/Kin Cheung) High Court Master Julia Clark ordered a Seychelles-based holding company owned by Craig Wright to provide security for future legal costs in his legal push...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!