Home » Satoshi Nakamoto Revealed? Fraud Allegations and Technical Glitches Sink Claims

Satoshi Nakamoto Revealed? Fraud Allegations and Technical Glitches Sink Claims

01.11.2024 11:30 2 min. read Kostadin Dimitrov
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Satoshi Nakamoto Revealed? Fraud Allegations and Technical Glitches Sink Claims

At a press conference in London on October 31, Stephen Mollah, a British businessman claiming to be Satoshi Nakamoto, faced skepticism over his assertions regarding the identity of Bitcoin's creator.

Despite his description as an economic and monetary scientist, Mollah’s presentation faltered due to technical issues with his laptop, preventing a planned live demonstration.

During the event, Mollah showcased what were described as easily fabricated screenshots as evidence of his claims. When journalists pressed him for more substantial proof—like transferring Bitcoin from the Genesis block or providing cryptographic signatures—he stated he would fulfill these requests in the months to come. His inability to provide credible evidence led many attendees to leave, with one observer noting Mollah’s nervous demeanor.

The BitMEX Research team, present at the conference, derisively labeled Mollah as “Faketoshi.” Throughout his speech, Mollah made additional claims, including inventing the euro bond and the Twitter logo. The press conference had been promoted as a significant reveal of Satoshi’s identity, with a statement suggesting that “growing legal pressures” compelled Mollah to come forward.

Reports indicate that both Mollah and event organizer Charles Anderson are facing allegations of fraud for falsely claiming ownership of 165,000 Bitcoin purportedly held in Singapore, with intentions to deceive an individual named Dalmit Dohil. Both have pleaded not guilty to the charges, with their trial set for November 3, 2025.

Ultimately, Mollah’s failure to provide conclusive evidence left lingering doubts about his claims and further obscured the true identity of Bitcoin’s creator.

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