Bitcoin Site Prohibited in UK, Owner penalized

Bitcoin Site Prohibited in UK, Owner penalized, the website, has been prohibited from providing Bitcoin white papers and the Bitcoin Core software to individuals in the United Kingdom, as per the report.

As per a decision by a judge in London, Cobra, the pseudonymous domain owner of the Bitcoin website, has to pay £500,000 ($640,000), which is Craig Wright’s legal fees. The judge declared that participating in the proceedings without disclosing their identity would violate the rules of justice, and as a result, Cobra was declared the loser of the case.

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