Police Raid After Bitcoin ‘Creator’ Revealed

Hours after Wired Gizmodo magazines claimed bitcoin was created by an “unknown Australian genius” called Craig Wright, his home is raided.


Police have raided the Sydney home of a man named as the likely creator of cryptocurrency bitcoin, according to the Reuters news agency.

Bitcoin’s code was released in 2009 under the pseudonym of Satoshi Nakamoto, and journalists and investors have been trying to track down the creator ever since.

On Wednesday afternoon around a dozen federal police officers raided the house after a locksmith broke open the door – just hours after Wired magazine named Craig Wright as the man responsible for bitcoin.

A Reuters reporter said officers told them that police were “clearing the house”.

Craig WrightCraig Wright

However the police force said in a statement that the move was not linked to “media reporting … about bitcoins”.

Instead it directed all inquiries to the Australian Tax Office, suggesting the raid could be linked to tax issues.

Wired magazine said their own investigations showed that

Read more ... source: TheBitcoinNews