Friday, March 7, 2014

Satoshi Nakamoto Denies Being Creator of Bitcoin Amid Media Frenzy

The man Newsweek named as bitcoin inventor Satoshi Nakamoto has denied any involvement with cryptocurrency.

Dorian Satoshi Nakamoto, a Japanese-American resident of Los Angeles, found himself thrust into the the limelight just a day ago whenNewsweek reporter Leah McGrath Goodman claimed the anonymous, or pseudonymous, man who released bitcoin on the world had been found at last.

Newsweek ran the story on the front cover of its newly-relaunched print edition, but after being pursued through the streets of LA by reporters for a day, Nakamoto said: “I got nothing to do with it”. Yesterday, Newsweek quoted Dorian Nakamoto as saying: “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.”

This matches closely what the ‘real’ Satoshi Nakamoto posted on the Bitcoin Talk forum in April 2011, when he claimed not to be involved in the bitcoin project any more and had “moved on to other things”. However, when Dorian went to lunch yesterday with a reporter from the Associated Press, he claimed his comments had been taken out of context:

“I’m saying I’m no longer in engineering. That’s it. 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 added.

- Source, CoinDesk, read the full article here: