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Australia police raid home of man said to be bitcoin founder
According to a cache of documents provided to Gizmodo, which were corroborated in interviews, it adds, “Craig Steven Wright, an Australian businessman based in Sydney, and Dave Kleiman, an American computer forensics expert who died in 2013, were involved in the development of the digital currency”.
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It’s a mystery. Bitcoin was launched in 2009 by a person or group of people operating under the name Satoshi Nakamoto and then adopted by a small clutch of enthusiasts.
Federal officers and tax officials refused to answer questions as they left the house in a Sydney suburb hauling two black roller suitcases.
Police said that the raid on Craig Steven Wights properties in Sydney were related to tax as opposed to bitcoin.
According to Wired the first evidence pointing to Wright appeared in November when an anonymous source close to him began leaking documents to an independent security researcher and dark web analyst called Gwern Branwen.
The article will be updated later today.
Australian Craig Wright is suspected of being the founder of Bitcoin, who has long remained cloaked in mystery.
They also tried approaching Wright’s current wife at their home.
It identified 65 year-old California resident Dorian Nakamoto as the creator in an October 2014 cover story.
However, websites have suggested that Wright had 1.1 million bitcoins, worth about $400 million.
Since Wright was named as being the potential originator behind bitcoin police have raided his home and office, although the Guardian reports the raids surround tax issues and not the bitcoin revelations specifically. And in September, Australian banks announced that they would be closing the accounts of bitcoin-operating businesses, perhaps as worldwide concerns over cybersecurity continue to spread.
Despite efforts to reveal to identity of Satoshi Nakamoto, his (her, or their) identity has yet to be proven.
The mysterious founder of bitcoin, the popular online cryptocurrency, may have finally been identified. The documents contained notes from Wright’s blog, emails and transcripts.
A lot remains unknown and unconfirmed in this saga, warranting a dose of skepticism from the tech community and the reporters themselves, who admit that the whole trail of new Nakamoto evidence could be an elaborate hoax, possibly by Wright himself. When the publication confronted Mr Nakamoto, he said: “I am no longer involved in that and I can not discuss it”.
Bitcoins are back in the headlines after a raid Wednesday in Australia on the home of a creator of the virtual currency, but what are they?
The New York Times, Newsweek and other publications have guessed at Nakamoto’s real identity, but none has proved conclusive.
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As Wired reports, a post from Wright’s blog, dated August 2008 (just three months before the debut of the bitcoin whitepaper) acknowledged his plans to publish a “cryptocurrency paper” as well as his interest in “triple entry accounting”, the title of financial cryptographer Ian Grigg’s 2005 paper that set the basis for a number of bitcoin-esque concepts.