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...

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