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The week began with the dramatic, much-publicized claim by Craig Wright who proclaimed that he was Satoshi Nakamoto, bitcoin’s mysterious and pseudonymous inventor. Four days later, Craig Wright’s final act under the spotlight sees a muted exit.

In a twist to proceedings, Australian entrepreneur Craig Wright has reneged on his recent promise to ‘move’ bitcoin in order to prove that he is Satoshi Nakamoto by simply stating that he is “sorry” and that he “broke” while preparing to publish the proof of access to the earliest private keys.

The entire post on his website is, curiously, a picture, taking up the homepage with all previous posts including the one penned by Wright that he was Satoshi, now missing. One theory is that his website — which isn’t HTTPS-secured — may have been hacked.

The statement is as follows:

Craig Wright homepage


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His words still lend to his theory he is Satoshi Nakamoto despite backtracking on the promised evidence. The reason he cites as to why he reneged reads:

When the rumors began, my qualifications and character were attacked. When those allegations were proven false, new allegations have already begun. I know now that I am not strong enough for this.

The most notable proponents supporting Wright’s claim of being Satoshi Nakamoto were the Bitcoin Foundation’s chief scientist Gavin Andresen and founding director at Bitcoin Foundation Jon Matonis, to whom Andresen also had words for.

I can only hope that their honour and credibility is not irreparably tainted by my actions.

“They were not deceived, but I know that the world will never believe that now,” he added, further implying that he is still Satoshi Nakamoto.

Jon Matonis published a message via social media, subtly insisting that Wright is Satoshi.

While this may or may not be the last time the world sees Craig Wright in the public spotlight, it is unlikely that the search for Satoshi is going to cease anytime soon.

Image from BBC News and Craig Wright’s homepage.

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Posted by Samburaj Das