Key Points
- Conor Grogan, a director at Coinbase, suggests that Kraken might know the identity of Bitcoin’s creator, Satoshi Nakamoto.
- Grogan’s research indicates that Nakamoto could potentially own 1.096 million BTC, valued at around $108 billion.
Conor Grogan, a director at Coinbase, has put forth a notion that Kraken might have significant knowledge about the true identity of Bitcoin’s creator, Satoshi Nakamoto.
His comprehensive research on the subject suggests that Nakamoto’s wallet may have had dealings with CaVirtEx, a Canadian exchange that was later bought by Kraken in 2016.
Kraken’s Cryptic Response
Kraken responded to this claim with a mysterious statement, “We are all Satoshi”, which has sparked a lot of speculation.
According to Grogan’s investigation, Nakamoto might be in possession of 1.096 million Bitcoin, which would be valued at around $108 billion, potentially making him wealthier than Bill Gates.
He has discovered 24 recorded transfer transactions from addresses believed to be associated with Nakamoto, with the most frequent recipient being 1PYYj, an address linked to CaVirtEx.
Link Between CaVirtEx and Nakamoto
Grogan pointed out the possible connection between CaVirtEx and Nakamoto, stating that Kraken’s purchase of the Canadian exchange might mean that its co-founder, Jesse Powell, could have crucial information about Satoshi’s identity, assuming any Know Your Customer (KYC) data was retained.
Grogan’s research also suggests that Nakamoto’s last known on-chain activity took place in 2014, with 200 BTC sent to the Bitcoin faucet across two transactions.
Despite the ongoing speculation, the true identity of Bitcoin’s creator remains one of the greatest mysteries in the world of finance and technology.
