Wright, who is bringing the case through his Seychelles-based Tulip Trading firm, concedes he is a controversial figure since alleging in 2016 that he wrote the bitcoin white paper – which first outlined the technology behind the digital assets – under the pseudonym Satoshi Nakamoto in 2008.
“As this very case shows, if we allow people to get coins seized and reassigned by court order, that puts your coins at risk of being stolen by abuses of those fallible processes,” he said by email.