Author: Law 360

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.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 against more than a dozen developers based in the U.S. Wright, who lives in England, is suing the developers to regain access to his Bitcoin account after he was locked out following a hack…

Read More