Australian Police Raid Home of Man Said to Be Likely Creator of Bitcoin

By December 9, 2015Bitcoin Business

Photo The police in Australia searching the home of Craig Steven Wright, a computer expert identified in news reports as a probable creator of Bitcoin. The authorities said the raid was for a tax investigation. Credit Byron Kaye/Reuters SYDNEY, Australia — The Australian authorities on Wednesday raided the home of a computer expert and entrepreneur in suburban Sydney, just hours after two news outlets identified the man as a likely creator of the digital currency Bitcoin.

The Australian Federal Police said the raid on the residence of the man, Craig Steven Wright, was for a tax investigation, and a spokesman said it had no connection to the Bitcoin reports. The Australian Taxation Office, which asked the police to carry out the raid, declined to comment on “any individual’s or entity’s tax affairs.”

The raid, in the leafy suburb of Gordon on Sydney’s upper north shore, came hours after reports in Wired magazine and Gizmodo drew strong links between Mr. Wright and Satoshi Nakamoto, the pseudonymous creator of the virtual currency that has grown to billions of dollars in total value.

The identity of Mr. Nakamoto has been a mystery since the currency’s computer code was released in 2009, with several false leads having been aired and debunked. The growing value of Bitcoin, which is managed by computers that run its peer-to-peer software, has driven the search for its elusive creator or creators.

Wired, which was first to identify Mr. Wright as a possible inventor of the currency, cited old blog posts as well as leaked documents and emails. The magazine acknowledged that the trail of clues could be a hoax, but it added: “If Wright is seeking to fake his Nakamoto connection, his hoax would be practically as ambitious as Bitcoin itself.”

The Gizmodo report said that Mr. Wright and Dave Kleiman, an American […]

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