Self-Proclaimed Australian Bitcoin Founder Backtracks in Blog Post

The man who claimed to be the mysterious founder of bitcoin appears to be stepping back into the shadows, leaving numerous questions in his wake.

Three days after Australian entrepreneur Craig Wright came forward as “Satoshi Nakamoto,” the unknown creator of the digital currency bitcoin, he has backtracked in a dramatic fashion. He wrote in a blog post that he does not “have the courage” to publish additional proof, as he promised Wednesday, that he is the elusive creator of the Internet currency.

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Wright’s initial claims drew widespread skepticism. He said on Wednesday that he would provide verifiable documentation and take additional steps to prove his identity. Instead, he scrubbed his blog clean of past entries and posted a short statement titled “I’m Sorry.”