A new fake Satoshi Nakamoto has come onto the scene, and it didn’t take a second for him to ridiculed on crypto-Twitter and beyond.

A New Fake Satoshi

Jorg Molt was recently at a convention where he was introduced as the “co-founder of Bitcoin.” It’s unclear how he even managed to get a speaking slot on stage, but apparently, he had the entire audience fooled.

Mr. Jorg Molt, Co-Founder, BITCOIN, delivering a talk to SIMS student managers on BITCOIN and its applications. # @PuneSIMS # SIMSARC # BITCOIN pic.twitter.com/BfONsKZjCl

— SIMS, Pune (@PuneSIMS) December 17, 2018

SIMS, the management institute, has seen its reputation plummet online as a result of hosting Molt. It seems they did no background check on who he was or any of his claims.

Molt even claimed to own 250,000 BTC—a strange admission which nobody should really care about. Yet, he found it to be a point of pride, as he told the audience his holdings as if it was a clear sign he was the “co-founder of Bitcoin.”

Joerg Molt claiming to own 250,000 BTC pic.twitter.com/N1cG1D0XsM

— Super Saiyan Simp (@KennethBosak) November 3, 2019

Bitcoin Community Speaks out Against Molt

Luckily, Molt was confronted by Kenneth Bosak (@KennethBosak), who told him to his face that he was a scammer. Molt first attempted to ignore him, but eventually, the venue’s security got involved. Still, Molt seemed to have no retort to Bosak and was made a fool in a clip now watched by over 161,000 people.

Confronting a scammer at @WorldCryptoCon

His name is @joergmolt and he is a scammer! pic.twitter.com/lMT4BP8FkK

— Super Saiyan Simp (@KennethBosak) November 1, 2019

Popular cryptocurrency commentator Andreas Antonopoulos also took to Twitter to expose Molt. Apparently, Molt was using a photo with Antonopoulos in it to say that they are “friends.” However, Antonopoulos took to Twitter to unequivocally deny this claim and said it is an outright lie. “If you try to use my reputation to boost yours fraudulently, I will use my reputation to reveal your fraud,” he writes.

Apparently, a German person called “Jorg Molt” has been showing a selfie taken with me and telling people that we are friends

This is a LIE. I don’t know him at all.

I have heard from others that he claims to be the founder of Bitcoin and has thousands of BTC. A LIE. pic.twitter.com/Bh97AZfvS5

— Andreas (@aantonop) November 3, 2019

Thankfully, because the Bitcoin community has been so quick to callout Molt, this might be the end of his antics. However, we still have the original Fake Satoshi to deal with (you know the name)—and that will likely continue to be a thorn in everyone’s side for much longer.

Did you know you can trade sign-up to trade Bitcoin and many leading altcoins with a multiplier of up to 100x on a safe and secure exchange with the lowest fees — with only an email address? Well, now you do! Click here to get started on StormGain!

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.