The topic of revealing the identity of Satoshi Nakamoto regularly pops up in the industry. Still, the developer took good care to protect his data, as a result of which he still remains anonymous.

Recall that Nakamoto's last post on the cryptocurrency forum BitcoinTalk was published on 13 December 2010. After that, the developer did not participate in what was happening on the platform.

Last activity of Satoshi Nakamoto’s account on the BitcoinTalk forum

Attempts to name the real person behind this pseudonym have previously been repeatedly used by scammers for PR purposes. For example, on 14 May 2019, we were promised to be told who Satoshi Nakamoto really is.

However, in the end it turned out that the authors simply used his image to announce their own project, which received a well-deserved heath.

The announcement of the PAI project in 2019, which used the promise of revealing Satoshi Nakamoto’s identity for PR purposes

In August 2019, a certain James Caan appeared online, who called himself the real creator of Bitcoin. He claimed to have coined the word Bitcoin as an abbreviation of the phrase “Bank of CredIT and COmmerce INternational”.

After several announcements, Kaan began advertising his own fork of the BTC network, which revealed his real intentions.

Scammer James Caan, who impersonated Bitcoin creator Satoshi Nakamoto

Who Satoshi Nakamoto is

As experts suggest, if Satoshi is still alive, the Bitcoin creator could control up to 1.1 million BTC, which is currently worth around $68 billion.

This cryptocurrency was mined during the early years of this blockchain. Then Nakamoto disappeared, having thoroughly cleaned up his tracks before doing so. As a result, the real identity of the developer remains unknown since 3 January 2009, when Bitcoin was launched.

Hal Finney, the developer and recipient of the first Bitcoin transaction, with his wife.

To remedy the situation is a documentary called “Money Electric: The Bitcoin Mystery”, which will be released next Wednesday 9 October. It was created by Cullen Hoback, director of the film “Q: Into the Storm”. It’s about the documentary series that exposed those behind the QAnon conspiracy theory.

Here’s a quote from Hoback himself on what’s going on, published by The Block.

We make some pretty damn serious arguments in the film, and I think the person we choose will be unexpected and cause quite a bit of controversy. Although I think people are going to argue about it no matter how strong the arguments we make, and that’s fine. That is the nature of this field. We had a lot more evidence than we were able to include in the film.

Galaxy Digital’s head of research Alex Thorne tweeted on Thursday that he had heard about allegations in the HBO documentary that one Len Sassaman was hiding behind the alias Nakamoto. Thorne also provided a link to a publication on Medium from 2021. It discusses a theory about Sassaman’s possible affiliation with the Satoshi Nakamoto figure.

Renowned cryptographer Len Sassaman

Len Sassaman was a cryptographer and privacy enthusiast who played a key role in the development of technologies aimed at ensuring anonymity on the internet. He was involved in the creation and development of the Mixmaster anonymous email network and supported the work of numerous cryptographic projects.

Sassaman was also an advocate of cryptoanarchism, and actively promoted the ideas of privacy and freedom of information.

In 2011, Sassaman committed suicide amidst prolonged depression. In general, fans of digital assets support such a version, Coindesk reports.

Still, Sassaman’s candidacy for the role of Satoshi wins by a huge margin on Polymarket, a decentralised platform that allows you to bet on a certain event in the future using digital assets. Here’s a list of key “suspects” for the role.

Top candidates for the role of Satoshi according to Polymarket users

Note that the second place is occupied by developer Hal Finney. He is known as the author of the first Bitcoin post on Twitter and also the recipient of the first Bitcoin transaction between blockchain users. He received 10 BTC from Satoshi Nakamoto himself on 12 January 2009.

This is not the first attempt to publicly expose the anonymous creator of the world’s largest digital asset. In 2014, Newsweek journalists claimed to have found Satoshi after examining a database of naturalised US citizens.

They tracked down one Dorian Prentice Satoshi Nakamoto, who uses the preferred name Dorian S. Nakamoto.

Dorian Nakamoto, who is being considered to be the anonymous creator of Bitcoin

Nakamoto lives in California and is a naturalised US citizen of Japanese descent who meets most of the criteria for a potential Satoshi. He has a maths and engineering background, a reclusive nature and an initial refusal to discuss the topic.

However, Nakamoto himself has performed a massive amount of actions to protect his real identity. Therefore, it is highly doubtful that he decided to use his real last name as a pseudonym, as it threatens his anonymity.


The HBO film is unlikely to reveal Satoshi Nakamoto's real identity, as it will presumably be about a man who is already dead. However, the topic is still of interest to fans of digital assets. Earlier we learnt evidence that the recipient of the first Bitcoin transaction, Hal Finney, could not really be the creator of BTC.
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