Has the True Identity of the Bitcoin Founder Finally Been Revealed? The latest name to float to the surface in the hunt for Satoshi Nakamoto is Craig Steven Wright, an Australian entrepreneur and academic.

By Nina Zipkin

Who created Bitcoin?

The question of who exactly is behind the curtain -- known only as Satoshi Nakamoto -- has been of interest to fans, critics and law enforcement alike since Bitcoin first emerged in 2009.

Now, there appears to be another lead on the anonymous founder. This week, Wired and Gizmodo published pieces detailing their investigations into an Australian entrepreneur and academic named Craig Steven Wright, to see if he was indeed Nakamoto.

Related: What Needs to Happen for Bitcoin to Go Mainstream

Laying out an array of documents that included leaked emails, legal transcripts and deleted blog and social-media posts from Wright, Wired's ultimate conclusion was that "despite a massive trove of evidence, we still can't say with absolute certainty that the mystery is solved. But two possibilities outweigh all others: Either Wright invented Bitcoin, or he's a brilliant hoaxer who very badly wants us to believe he did."

On Gizmodo, reporters Sam Biddle and Andy Cush write of their inquiry into Wright and Dave Kleiman, a computer forensics expert who died in 2013, that they "obtained confirmation from on-the-record sources that Wright claimed on at least two occasions that he and Kleiman were both involved in the creation of Bitcoin."

The same day that Wired and Gizmodo published their findings, Wright's home in Sydney was raided by the Australian Federal Police. The AFP told The Guardian that the raid was not related to the reports about Wright and Bitcoin and that the search warrants were issued by the Australian Taxation Office.

Related: What Is the Future of Bitcoin?

This is not the first time the search for the real Satoshi Nakamoto has been in the news, with investigations from the New York Times, Fast Company, and the New Yorker. But the biggest fuss came in March of last year, when Newsweek published a cover story titled "The Face Behind Bitcoin." In it they identified 64-year-old Dorian Satoshi Nakamoto, a Japanese-American programmer and engineer from California, as the possible inventor of the cryptocurrency

Nakamoto vehemently denied any involvement with Bitcoin in a letter provided by Nakamoto's lawyer Ethan Kirschner to Felix Salmon, then a financial blogger at Reuters. In the statement, which Salmon posted on Twitter, Nakamoto wrote, "I did not create, invent or otherwise work on Bitcoin. I unconditionally deny the Newsweek report."

With analysts predicting that Bitcoin users worldwide will grow to nearly 5 million by 2019, it's likely the fascination with Nakamoto's identity won't subside anytime soon.

Related: 'I Did Not Create Bitcoin': 4 Major Takeaways From Dorian Satoshi Nakamoto's Letter of Denial

Nina Zipkin

Entrepreneur Staff

Staff Writer. Covers leadership, media, technology and culture.

Nina Zipkin is a staff writer at Entrepreneur.com. She frequently covers leadership, media, tech, startups, culture and workplace trends.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Leadership

Lead From the Top: 5 Core Responsibilities of a CEO

Knowing exactly what the chief executive's role entails is critical for steering a company to success.

Side Hustle

This Couple Started a Side Hustle to Improve a 'Terribly Made' Bathroom Essential. Now the Business Earns More Than $3 Million a Year.

Michael Fine and Lisa Schulner-Fine launched lifestyle brand Quiet Town in 2016 and have been growing it ever since.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

What's Open on Easter Sunday? Costco and Target Will Close, But One Major Retailer Will Be Open. Here's What To Know.

The stock market was closed for Good Friday on April 18. Here's what's closed for Easter Sunday, April 20.

Science & Technology

Your Clients Are Using AI to Replace You — Do These 3 Things Before They Do

Harness these three steps to audit, evolve and future-proof your offer before AI replaces you.

Leadership

Here's What It Takes to Evolve From Hands-On Founder to Strategic CEO

Making the leap from founder to CEO requires more than just growth — it demands a shift in mindset.