Categories: Bitcoin Business

Mystery ‘Satoshi Nakamoto’ Claims He’s Hodling $10 Billion in Bitcoin

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Move over, Craig Wright! The "real" Satoshi Nakamoto vows to reveal himself this week and claims he's hodling 980,000 bitcoin. | Source: Shutterstock

By CCN Markets: Move over, Craig Wright! The "real" Satoshi Nakamoto vows to reveal himself as the true inventor of bitcoin over the next few days.

What's more, the "real" Nakamoto claims he's currently in possession of 980,000 BTC. Using today's bitcoin price, that stash is worth more than $10 billion.

A blockchain company called Satoshi Nakamoto Renaissance Holdings promised that the "real" Satoshi would finally break his silence following a decade of anonymity. He promised to unveil his deepest secrets in three installments, starting on August 18 at 4 p.m. Eastern time.

Ivy McLemore, the spokesman for the "real" Nakamoto, exclusively told CCN that "the three parts will speak for themselves. And the truth will be known."

When asked if the grand reveal is a public relations stunt to market the blockchain company, Lemore told CCN, "Absolutely not!"

The "real" Satoshi Nakamoto promises he'll reveal himself as the true inventor of bitcoin. | Source: Shutterstock

Plans set for 'bitcoin's transformational rebirth'

The "real" Satoshi Nakamoto promised to unravel the mystery of his true identity on his website, including:

  • His real name.
  • Why he hasn't moved any of his 980,000 bitcoin.
  • Country of origin.
  • Educational and professional background.
  • His plans for a bitcoin renaissance (that means rebirth).

Nakamoto says he'll also explain the critical role that cyphers and encryption related to Chaldean numerology played in his creation of bitcoin. He claims there's a special reason why he chose August 18 to come forward. He also claims that he registered the domain Bitcoin.org on August 18, 2008.

Nakamoto says Part II of his big reveal is scheduled for August 19 at 4 p.m. EDT. The third and final installment takes place on August 20 at 4 p.m. Eastern time. At the grand finale, the "real" Satoshi claims he'll unveil a project called Tabula Rasa, "his clean-slate vision for Bitcoin’s transformational rebirth."

Craig Wright's $10 billion lawsuit continues

The "other Satoshi," Craig Wright, is sitting on the wrong end of a $10 billion lawsuit. | Source: Oxford Union/YouTube

Meanwhile, the other self-proclaimed Satoshi — Australian crypto entrepreneur Craig Wright — suffered a setback this week when a federal judge denied his motion to dismiss the $10 billion lawsuit filed against him by deceased computer whiz Dave Kleiman.

Judge in $10B Bitcoin Lawsuit Rips Craig Wright for No 'Credible Evidence'https://t.co/FcE6bN5w9s

As CCN reported, Florida federal judge Beth Bloom said Wright failed to show that her court lacked subject matter jurisdiction over the case.

In his 2018 lawsuit, Dave's brother, Ira Kleiman, claimed that Dave and Wright had mined 1.1 million bitcoin together during their years of collaboration. Ira further claims that Wright never shared any of that $10 billion bitcoin fortune with the Kleiman estate after Dave died in 2013.

Samantha Chang is a New York City-based financial editor who writes about crypto and business at CCN. She is a law school grad and an alum of the University of Pennsylvania. Email her at schang121@juno.com or follow her on Twitter at Samantha_Chang.

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Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

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