24 February 2018
Visit www.avoka.com

Man denies being bitcoin creator as he leads car chase

07 March 2014  |  7675 views  |  1 bitcoin

Dorian Prentice Satoshi Nakamoto, the man named as bitcoin's creator by a magazine on Thursday, has denied the claim before leading reporters on a car chase around Los Angeles.

The 64 year old Nakamoto told Associated Press that he had never even heard of bitcoin until being contacted by Newsweek, insisting "I got nothing to do with it".

Newsweek claimed to have unmasked the "father of bitcoin" in a lengthy cover story used to relaunch its print edition. The story presented a wealth of circumstantial evidence identifying the elusive Satoshi Nakamoto.

The magazine says that Dorian Prentice Satoshi Nakamoto "tacitly acknowledged" his role but added "I am no longer involved in that and I cannot discuss it".

Within hours of publication, hoards of reporters descended on the man's home in Temple City, near Los Angeles. Eventually Nakamoto emerged and picked out an AP reporter at random, declaring: "I'm not involved in bitcoin. Wait a minute, I want my free lunch first. I'm going with this guy."

The pair then drove to a sushi restaurant as reporters followed in a farcical car chase. However, they were quickly forced back into their car and the chase resumed.

During his interview with AP, Nakamoto repeatedly called the crypto-currency "bitcom" and claimed to have never heard of Gavin Andresen, the lead developer on the Bitcoin Project who is extensively quoted in the Newsweek story.

He also claims that Newsweek reporter misunderstood the crucial "I am no longer involved in that" quote and that he meant that has is no longer involved in engineering.

Further doubts were cast on the Newsweek report when a post from the "real" Satoshi Nakamoto appeared on the P2P Foundation's Ning page insisting ""I am not Dorian Nakamoto."

The P2P Foundation told TechCrunch that the post came from the same e-mail address used for a 2009 post which was the first known description of bitcoin.

Newsweek says that it stands by its story.

Comments: (1)

Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 11 March, 2014, 14:47

We know what happened the last time there was a famous car chase in LA. 

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Bitcoin inventor 'found'; Singapore virtual currency exchange boss dead

Bitcoin inventor 'found'; Singapore virtual currency exchange boss dead

06 March 2014  |  9270 views  |  0 comments | 4 tweets | 2 linkedin
Winklevoss twins pay bitcoins for Virgin Galactic space trip

Winklevoss twins pay bitcoins for Virgin Galactic space trip

05 March 2014  |  4262 views  |  0 comments | 4 tweets | 3 linkedin
Mt. Gox files for bankruptcy protection; Yellen says Fed has no authority to regulate bitcoin

Mt. Gox files for bankruptcy protection; Yellen says Fed has no authority to regulate bitcoin

28 February 2014  |  6899 views  |  1 comments | 7 tweets | 10 linkedin
MT Gox goes up in smoke. Is this the end for bitcoin?

MT Gox goes up in smoke. Is this the end for bitcoin?

25 February 2014  |  7716 views  |  5 comments | 15 tweets | 10 linkedin
US state regulators investigate virtual currencies; Mt. Gox chief quits Bitcoin Foundation

US state regulators investigate virtual currencies; Mt. Gox chief quits Bitcoin Foundation

24 February 2014  |  7349 views  |  1 comments | 7 tweets | 6 linkedin
Bitcoin plunges again after dark market Web hack

Bitcoin plunges again after dark market Web hack

14 February 2014  |  7969 views  |  7 comments | 10 tweets | 7 linkedin

Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsvisit www.nextgenbanking.co.ukvisit www.ebaday.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11731 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10309 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8503 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8038 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7730 views comments | 10 tweets | 14 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job