Thursday, December 10, 2015

The hunt of the inventor of Bitcoin bounces in Australia – Le Figaro

The identity of the creator of Bitcoin, the virtual currency used worldwide, is one of the most opaque mysteries of the Web.

The Australian Federal Police searched the home Wednesday Craig Steven Wright, a man as articles of Wired and Gizmodo, published yesterday, have designated as one of the creators of bitcoin. This virtual currency appeared in 2009 was quickly adopted around the world by people wishing to operate in the shadows. Craig Wright is the CEO of DeMorgan Ltd, an Australian company “focused on alternative currencies”.

According to legend, the Bitcoin was created by Satoshi Nakamoto, a name that would serve to mask the identity of one or more persons. The Wired and Gizmodo websites explain in November having received information from an anonymous source saying about the true identity of Nakamoto and conducted the survey to back up Craig Steven Wright. The Australian entrepreneur was associated with an American computer scientist who died in 2013.

A few years old mystery

Unlike physical currencies such as the euro or the dollar, the bitcoin is not governed by any central bank or government, but by a vast community of users. The bitcoin has earned a bad reputation because of its lack of transparency, after the bankruptcy in 2014 of the platform MtGox exchanges, and its use in criminal cases. The website Silk Road, nicknamed “the drug eBay”, since closed by US authorities, used it as a bargaining chip, due to the anonymity of payments.

There a register which identifies transactions with cryptocurrency. For several years, experts from the cryptocurrency observe that register a large amount of bitcoins that does not move. This is attributed to Satoshi Nakamoto as it is one that could accumulate as many currencies in such a short time. A contract, which may consult, mentions that Craig Wright must regain control of an offering of 1.1 million bitcoins in January 2020, worth $ 400 million today. Such an amount of bitcoins, says Wired, is very unusual and, according to journalists, a reconciliation can be made between the two treasures.

In March 2014, the US magazine Newsweek already thought he had found Nakamoto California . He then was a retired physicist named Dorian Satoshi Nakamoto. He then told Leah McGrath Goodman, the journalist behind the survey, no longer be involved in the development of virtual currency, adding that he could not comment. Faced with the sudden media interest on this subject after the publication of the investigation, Dorian Nakamoto had visited the offices of the Associated Press to make a statement. “If I am here, it is mainly to say that I have nothing to do with bitcoin” he then said, “I was just an engineer who was doing something else. In 2001, when the bitcoin began to be developed, I worked for the government. “

In one of the mails available to Wired, Craig Wright seems to be angered by the Newsweek survey. “I’m not fucking USA and I do not call me Dorian [sic],” the Australian entrepreneur gets carried away March 6, 2014, the day of publication of the article. Craig Wright would also have been in possession of satoshi@visitomail.com, email address used by Satoshi Nakamoto to the beginnings of bitcoin to communicate with the first users of cryptocurrency, according to Gizmodo. Wired magazine’s website concludes that Craig Wright is “the inventor of Bitcoin and then a brilliant prankster who absolutely wants us to believe he is.”



House searches in offices and home Craig Steven Wright

Just hours after the revelations of Gizmodo and Wired, more than a dozen officers from the Australian Federal Police entered the home of Craig Wright. An agent of the security forces told Reuters that they were to “clear the house.” Holiday home owner said the entrepreneur and his family had to move to the UK at the end of December. He said Craig Wright had a significant hardware. Another search was conducted in the offices of a company owned by Craig Wright. Police officers on site refused to comment on the current operation.

One of the files sent to Gizmodo refers to a meeting between the contractor, his lawyer and the Australian tax officials in February 2014. The interview was the bitcoins Craig Wright’s possession and taxation system. If one believes the report published by Gizmodo, the contractor wanted while his bitcoins are reflected as currency and not as assets, which would have been much more interesting for him. Craig Wright had suggested during the interview that he was Satoshi Nakamoto at least once: “I did my best to hide the fact that I managed bitcoin since 2009 [...]”

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Since December 2014, the Australian government agency recommends that cryptocurrency be considered a financial asset, and not a currency. The country’s federal police said that the presence of agents Craig Wright home had nothing to do with the articles published earlier in the day. She, moreover, deferred all questions about the matter to the Australian Taxation Office.

(with AFP)

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