Home Of Reported Bitcoin Creator Raided By Authorities

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flashing lights of the police car into the checkpoint in the city
The Australian Federal police said in their statement that the raids were not in relation to the bitcoin claims.

Recently, after a long investigation, the Australian Police raided the home of an Australian academic and entrepreneur, a financial wiz so to speak who might be the missing link that could lead to discovery of identity of Satoshi Nakamoto, the elusive creator of the most famous cryptocurrency, Bitcoin!

And finally, according to Gizmodo and Wired, we may be a step closer to solving this mystery. Allegedly, it’s Craig Steven Wright behind the famous pseudonym.

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Both websites have pointed out some rather plausible clues that support the idea that Wright is one of the people, if not THE only one, behind the elusive Satoshi.

However, with Wright not being present to admit anything, for he’s disappeared with his family these days, this unbelievable claim is still based on unverified documents – transcripts, emails, tweets and comments here and there on the internet.

Merely a day after publishing the story, police entered the house in Gordon leased to Craig Wright, who had been identified in investigations by the two US Publications just a few hours earlier.

Both publications have indicated that they strongly believe in Wright’s involvement in the creation of Bitcoin.

A dozen police personnel arrived at the house in Gordon, a suburb in Sydney, after 1 pm.

Police staff was seen raiding the house and searching through the garage.

Several of Wright`s offices were raided as well.

The Australian Federal police said in their statement that the raids were not in relation to the bitcoin claims.

“The AFP can confirm it has conducted search warrants to assist the Australian Taxation Office at a residence in Gordon and a business premises in Ryde, Sydney.

This matter is unrelated to recent media reporting regarding the digital currency bitcoin.”

As it appears, the house has been empty for a while – the garbage was still there and the mail hasn’t been collected at the time of the raid.

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A peek inside the life of Craig Wright

police in riot gear with protective helmet
Recently, after a long investigation, the Australian Police raided the home of an Australian academic and entrepreneur

Wright is an IT and security consultant in Australia.

He considers himself as a “senior management executive information security specialist” according to his LinkedIn page, which had been deleted in the meantime.

Several company records clearly show that Wright is involved in numerous technology enterprises in Australia.

People who claim to know Wright said that Wright couldn’t possibly match Satoshi Nakamoto’s profile and that they seriously doubt his involvement in this bitcoin business.

So, many believe that the information provided to the two publications could be an elaborate hoax.

Dr. David Glance, a contributor on Conversation, expressed his skepticism about Wright-Nakamoto connection, explaining that “he never talked about bitcoin, he never wrote about it.”

Apparently he was, above anything else, a dedicated security person criticizing the hackers group Anonymous saying that “Anonymous were evil.”

According to Gary Hayres, the owner of the house, Wright and his wife Ramona Watts had been living there since November, 2012.

He described them as nice people, Watts especially. Craig was more of an introvert person.

Apparently, they had plans to move to London and the neighbors had seen a remover’s truck a few weeks earlier.

Wright and Watts have a teenager son and a daughter.

Clues of Wright’s Involvement in Bitcoin

In the transcript the hacker obtained and shared with the public, one of the people is Craig Wright and at one point he says: “I did my best to try and hide the fact that I’ve been running bitcoin since 2009 but I think it’s getting – most – most – by the end of this half the world is going to bloody know.”

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After futile attempts to contact Australian Tax Office to verify the authenticity of transcript, it is still questionable if the transcript of the interview is authentic and accurate.

So far, at least.

Also, it is unclear what the term “running” mentioned in the transcript refers to – whether it could mean “mining” of bitcoin or being heavily involved in creating of bitcoin.

Gizmodo also mentions certain emails as definite evidence of Wright being Satoshi Nakamoto’s counterpart.

Apparently Wright’s e-mails indicated his connection with bitcoin development.

Among these e-mails there was one sent to Wright`s lawyer, Clayton Lutz signed by Craig and sent from an address later connected to Nakamoto.

Guardian tried to get some additional information, so they called one of Wright’s companies, DeMorgan to ask about Wright and if he was the creator of bitcoin.

The person immediately hung up.

Meanwhile, the office number listed on the website is answered by an automated message that says the number is unavailable.

The New York Times’ Nathaniel Popper, who also received this tip earlier but decided not to pursue the story, said he hadn’t been convinced enough.

Without some solid evidence, he just couldn’t make the connection between Nakamoto’s and Wright’s personality.

Another interesting fact is that a professor from UCLA wanted to nominate Satoshi Nakamoto for a Nobel Prize in economics! However, due to his identity being unknown, it was determined that he’s ineligible.

This brought some annoyed, yet very interesting musings from Craig Wright on Twitter.

Bitcoin

Bitcoin, the “digital money” is also a currency on deep web and dark web sites.

Its code was released as open source software in January 2009.

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By now, the value of this decentralized bitcoin has risen to approximately $US5bn.

It is known that Satoshi Nakamoto owns around 1 million in bitcoin, which is over 250 GBP by today’s exchange rate!

What is less known however is the existence of a contract between Wright and his friend Kleiman who formed a bitcoin trust.

According to the contract, Kleiman received 1,100,111 bitcoin which should be returned to Wright on January 1st, 2020.

And since Satoshi is the only living person assumed to possess this amount of bitcoin – the contract is taken as very revealing.

A lot of people are worried about events that will ensue once the 7.5% of all bitcoins return to its rightful owner.

It is yet to be seen, but some expect catastrophic consequences.

A few scenarios are circulating across the internet, each more worrying than the other, but these are still in the realm of speculations and nobody really knows what bitcoin creator Satoshi Nakamoto will actually do.

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