Coinbase Exec Suggests Kraken May Hold Clues to Satoshi Nakamoto’s Identity

Coinbase's Conor Grogan has raised a fascinating theory about the possible identity and wealth of Bitcoin's elusive creator, Satoshi Nakamoto.

Grogan suggests that Nakamoto may control approximately 1.096 million BTC, valued at around $108 billion—an amount that would surpass the fortune of tech giant Bill Gates.

Grogan’s insights point to 24 distinct transactions tied to Nakamoto’s known addresses, with many funds flowing to CaVirtEx, a now-defunct Canadian exchange.

When Kraken took over CaVirtEx in 2016, Grogan speculated that the exchange might hold key information regarding Nakamoto’s true identity.

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Despite Nakamoto’s last recorded blockchain activity dating back to 2014, this potential link between Kraken and the Bitcoin creator offers an intriguing lead in the ongoing mystery surrounding the origins of the cryptocurrency.

If Grogan’s analysis holds weight, Kraken might be closer to unraveling one of crypto’s greatest secrets.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.