Valeria Blokhina
U.Today has rounded up the hottest bitcoin developer Satoshi Nakamoto news of 2022, check it out!
The true identity of the enigmatic Bitcoin creator Satoshi Nakamoto continues to stir speculation in the crypto community. Take a look at the most fascinating news U.Today brings you in 2022; perhaps they will shed some light on this mystery.
Did Satoshi Nakamoto meet with SEC five years ago?
Back in September, Fox Business journalist Eleanor Terrett received a copy of the public calendar from former SEC director Bill Hinman. Judging by the contents of the calendar, on August 23, 2017, Hinman had a meeting with venture capitalist Tim Draper, Bitcoin creator Satoshi Nakamoto, and SEC official Valerie Szczepanik. It appears that Draper and both SEC officials found out who Satoshi really is, but three days later Draper tweeted that he was being targeted by a “convincing” Satoshi scammer, complaining that the latter wasted a lot of time .
Ripple CTO says he could have been part of “Satoshi”.
While writing a thread about Craig Wright’s lawsuit, Ripple CTO David Schwartz commented that he could have been a part of “Satoshi” – a group of people who created Bitcoin. Back in 2020, he explained that given the difficulty and skill requirements involved in creating bitcoin, it might have required the participation of a group of people, not just an individual. Schwartz believes he could achieve almost anything Satoshi has done. Unfortunately, according to Ripple’s CTO, he only found out about the world’s largest cryptocurrency in 2011.
Legal Trials of the Self Proclaimed Satoshi Craig Wright: A Defeat and a Pyrrhic Victory
On March 25, 2022, Craig Wright’s controversial 2020 lawsuit finally ended, and not in his favor. The High Court of Justice dismissed the lawsuit in which Wright claimed that the private keys to his 80,000 BTC wallet were stolen by hackers and therefore Bitcoin developers must give him access to that wallet as they owe him fiduciary duties. However, Judge Falk ruled that the self-proclaimed Satoshi has no legal basis to sue core BTC developers.
However, the 2019 lawsuit against podcaster Peter McCormack ended in a “win”: Craig Wright was awarded £1 in damages. The legal battle began after McCormack called the self-proclaimed Satoshi a fraud, which Wright took as defamation. Interestingly, Wright sued for $122,000, but Judge Chamberlain awarded only nominal damages after important parts of Wright’s evidence were found to be false, such as McCormack’s refusal to attend academic conferences.
Satoshi’s identity may have been revealed by Martin Shkreli
Two weeks ago, on December 13th, biotech entrepreneur Martin Shkreli shared a Substack post stating that he may have discovered the true identity of Satoshi Nakamoto. Shkreli claims that Paul Le Roux, a former programmer and former criminal cartel boss, hid behind the mask of bitcoin creator the whole time. To prove his point, Shkreli provided a decryption of the transaction signature of the very first transfer sent to the late Bitcoin pioneer Hal Finney. The decryption reads: “This Transaction was made by Paul Leroux to Hal Finney on January 12, 2009 #bitcoin.” However, two Bitcoin Core developers, Peter Wuille and Greg Maxwell, expressed skepticism about Shkreli’s disclosure.
Elon Musk shares Satoshi Nakamoto’s mysterious tweet
Some news needs to be taken with a pinch of humor (particularly that surrounding Elon Musk’s tweets), and the following news is one of them. In a March 9 Twitter post, the Tesla CEO shared a meme related to the origin of Satoshi Nakamoto’s name. If we combine the names of the largest Asian companies and corporations (Samsung, Toshiba, Nakamichi and Motorola), the name “Satoshi Nakamoto” can be formed. Some users suggested that the meme was an indication that Satoshi’s background is Korean-American mix, while others assumed the post was ironic and lacked a hidden message.
Charles Hoskinson Responds to Question on His “Claiming to be Satoshi”
Back in June, while negotiating an interview with Cardano creator Charles Hoskinson, crypto YouTuber Alexander Lorenzo asked everyone to suggest questions to ask his future interviewee. An anonymous Twitter user known at chaddydill.eth asked why Hoskinson claimed to be Satoshi in the early 2010s while he was working on Ethereum at the time. Charles rushed to reply – perhaps wanting to close the topic once and for all – saying that he was only 20 years old when Bitcoin was released. He also denied ever claiming to be Satoshi and advised the user not to believe everything he/she reads online.
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