Mystery ‘Satoshi Nakamoto’ Claims He’s Hodling $10 Billion in Bitcoin

bitcoin inventor satoshi nakamoto

Move over, Craig Wright! The "real" Satoshi Nakamoto vows to reveal himself this week and claims he's hodling 980,000 bitcoin. | Source: Shutterstock

By Move over, Craig Wright! The “real” Satoshi Nakamoto vows to reveal himself as the true inventor of bitcoin over the next few days.

What’s more, the “real” Nakamoto claims he’s currently in possession of 980,000 BTC. Using today’s bitcoin price, that stash is worth more than $10 billion.

A blockchain company called Satoshi Nakamoto Renaissance Holdings promised that the “real” Satoshi would finally break his silence following a decade of anonymity. He promised to unveil his deepest secrets in three installments, starting on August 18 at 4 p.m. Eastern time.

Rep: This is ‘absolutely not’ a PR stunt

Ivy McLemore, the spokesman for the “real” Nakamoto, exclusively told that “the three parts will speak for themselves. And the truth will be known.”

When asked if the grand reveal is a public relations stunt to market the blockchain company, Lemore told, “Absolutely not!”

bitcoin creator satoshi nakamoto identity
The “real” Satoshi Nakamoto promises he’ll reveal himself as the true inventor of bitcoin. | Source: Shutterstock

Plans set for ‘bitcoin’s transformational rebirth’

The “real” Satoshi Nakamoto promised to unravel the mystery of his true identity on this blog, including:

  • His real name.
  • Why he hasn’t moved any of his 980,000 bitcoin.
  • Country of origin.
  • Educational and professional background.
  • His plans for a bitcoin renaissance (that means rebirth).

Nakamoto says he’ll also explain the critical role that cyphers and encryption related to Chaldean numerology played in his creation of bitcoin. He claims there’s a special reason why he chose August 18 to come forward. He also claims that he registered the domain on August 18, 2008.

Nakamoto says Part II of his big reveal is scheduled for August 19 at 4 p.m. EDT. The third and final installment takes place on August 20 at 4 p.m. Eastern time.

At the grand finale, the “real” Satoshi claims he’ll unveil a project called Tabula Rasa, “his clean-slate vision for Bitcoin’s transformational rebirth.”

Craig Wright’s $10 billion lawsuit continues

craig wright bitcoin lawsuit
The “other Satoshi,” Craig Wright, is sitting on the wrong end of a $10 billion lawsuit. | Source: Oxford Union/YouTube

Meanwhile, the other self-proclaimed Satoshi — Australian crypto entrepreneur Craig Wright — suffered a setback this week when a federal judge denied his motion to dismiss the $10 billion lawsuit filed against him by deceased computer whiz Dave Kleiman.

As reported, Florida federal judge Beth Bloom said Wright failed to show that her court lacked subject matter jurisdiction over the case.

In his 2018 lawsuit, Dave’s brother, Ira Kleiman, claimed that Dave and Wright had mined 1.1 million bitcoin together during their years of collaboration. Ira further claims that Wright never shared any of that $10 billion bitcoin fortune with the Kleiman estate after Dave died in 2013.

Update: Self-Proclaimed Satoshi Nakamoto’s Bitcoin ‘Reveal’ Is an Epic Fail

Last modified: March 4, 2021 2:39 PM
Samantha Chang is a New York City-based financial editor who writes about crypto and business at CCN. She is a law school grad and an alum of the University of Pennsylvania. You can reach her on Twitter at Samantha Chang or email her at [email protected]
Previous Cringeworthy DOOM Movie Trailer Looks Like a Student Film Project Next 'Typical Tesla': Rental Company Shreds Order Over 'Defective' Model 3s