The cover of this week’s edition of Newsweek reported to have located mysterious Bitcoin creator Satoshi Nakamoto. Far from hiding, the 64-year-old Nakamoto, who goes by the name Dorian S. Nakamoto, was living with his elderly mother in Temple City, California. The story, while built from circumstantial evidence, made a compelling case that this was the Satoshi Nakamoto. A particularly telling moment came when the man reporter Leah McGrath Goodman claimed was the father of cryptocurrency said:
“I am no longer involved in that and I cannot discuss it. It’s been turned over to other people. They are in charge of it now. I no longer have any connection.”
Nakamoto said he is a native of Beppu, Japan who came to the U.S. when he was 10. He speaks both English and Japanese, but his English isn’t flawless. Asked if he said the quote, Nakamoto responded, “no.”
“I’m saying I’m no longer in engineering. That’s it,” he said of the exchange. “And even if I was, when we get hired, you have to sign this document, contract saying you will not reveal anything we divulge during and after employment. So that’s what I implied.”
“It sounded like I was involved before with Bitcoin and looked like I’m not involved now. That’s not what I meant. I want to clarify that,” he said.
In an exclusive two-hour interview with The Associated Press Dorian Satoshi Nakamoto, the man who might be Bitcoin’s creator., 64, said he had never heard of Bitcoin until his son told him he had been contacted by a reporter three weeks ago. … Reached at his home in Temple City, Calif., Nakamoto acknowledged that many of the details in Newsweek‘s report are correct, including that he once worked for a defense contractor. But he strongly disputes the magazine’s assertion that he is “the face behind Bitcoin.”
For her part, Goodman isn’t buying the denial. She responded to the AP story by saying:
“I stand completely by my exchange with Mr. Nakamoto. There was no confusion whatsoever about the context of our conversation — and his acknowledgment of his involvement in Bitcoin.”
Here’s a video of Dorian Nakamoto talking with AP reporters.
While it’s certainly possible that Newseek‘s Nakamoto is actually the man behind Bitcoin and actively misleading the press, many people in the Bitcoin community are not convinced. Dorian Satoshi’s denial is once again fueling rumors that Bitcoin’s Satoshi Nakamoto may not actually be a real person, but rather a pen name for a person or persons behind the creation of the virtual currency. More details as the situation develops.
TechCrunch reports today that Atlanta-based bitcoin payment processor BitPay is finally putting some of their $30 million venture capital cash to work. The company has hired three new heavy hitters to fill out its ranks, suggesting that a major expansion is in the works. The new hires are notable for their significant payments industry experience….
Chinese Bitcoin exchange Huobi announced today that it would begin trading in “cryptocurrency silver” Litecoin starting on March 19. Almost immediately after the announcement, Litecoin prices began to climb steeply, jumping from $16 to a peak of around $17.5. The Bitcoin and Litecoin market in China is substantial, and earlier this month BTC China announced…
Yesterday, a list of roughly 2,000 names and email addresses tied to Coinbase accounts was released by an unknown person to Pastebin. The post warned readers that “Coinbase provides your full transaction history to the FBI, FinCEN and IRS every day. They are under a gag order.” While the list does seem to contain valid…
Would-be bitcoin buyers in Poland now have a new option: The country’s first bitcoin ATM opened in Warsaw this week. According to a report on CoinDesk, the machine is housed at the recently opened Bitcoin Embassy Warsaw, and will be the first of a network of Lamassu-made machines across the country. Speaking with CoinDesk, Bitcoin…
In a blog post released on Tuesday, crowdfunding giant Indiegogo announced plans to create a “reliable, global platform for ICOs” through their site. The new platform appears to be modeled on Indiegogo’s existing Equity Crowdfunding model, providing a curated selection of token sales and pre-sales that meet current SEC guidelines for ICOs. The new initiative…
kkIn an article filed on Reuters today, reporter Sophie Knight paints a complex portrait of Mt.Gox CEO Mark Karpeles. Far from a criminal mastermind or con man, Karpeles is depicted as man who is “shy and fearful of confrontation” whose “escapism into virtual worlds was accompanied by what some former associates describe as a lack…