Coinbase Exec Suggests Kraken May Hold Clues to Satoshi Nakamoto’s Identity
06.02.2025 19:30 1 min. read Alexander Stefanov
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.
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.
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