NChain's CEO 'Departs', Claims Evidence Craig Wright Manipulated Bitcoin Creation Documents (forbes.com) 46
Bitcoin creator Satoshi Nakamoto may or may not be businessman Craig Wright, who in 2015 founded the blockchain-tech company nChain.
But nChain's recently-departed CEO Christen Ager-Hanssen's thinks Wright is not Satoshi — and that's just the beginning. According to Forbes Ager-Hanssen went as far as "to leak emails suggesting former gambling billionaire Calvin Ayre, who has heavily backed the company doesn't believe Wright, nChain's chief scientist, is Satoshi Nakamoto.
The alleged email from Ayre begins by citing Wright's "litigation disaster"...' I have been operating under the assumption that you and Ramona have the keys and that you were simply pretending not to have them as part of some strategy that you have trapped yourself in. But now that we are looking at a situation where continuing to deny you have them ruins your life and damages your supporters, I am forced to make a tough decision... There is zero reason to continue to pretend you do not have the keys if you really have them... So either you are a moron for intentionally losing this case, or you are a moron for actually not having the keys... either way, I am not following you over the cliff...
But Ager-Hanssen also shared some thoughts of his own: I can confirm I have departed from nChain Global as its Group CEO with immediate effect after reporting several serious issues to the board of nChain Group including what I believe is a conspiracy to defraud nChain shareholders orchestrated by a significant shareholder. I also had concerns about the ultimate beneficiary shareholder and the real people behind DW Discovery fund registered in Cayman. The chairman also took instructions from shadow directors which I didn't accept.
I have also reported that I have found compelling evidence that Dr Craig Wright has manipulated documents with the aim to deceive the court he is Satoshi. I'm today myself convinced that Dr Craig Wright is NOT Satoshi and I'm persuaded he will lose all his legal battles. The board didn't take action and my job becomes clearly untenable. One of the things I recommended the Chairman of the board was to sack Dr Craig Wright.
I feel sorry for all the great people that work in the company but I don't want to be part of something I clearly don't believe in. #faketoshi
Forbes also notes an X (Twitter) account calling itself "Satoshi Nakamoto" with the handle @Satoshi has posted for the first time since 2018 — though X's community notes feature added: "This isn't the real Satoshi Nakamoto, creator of bitcoin. Its an account related to Craig Wright, who claims to be Satoshi with no material proof."
Thanks to long-time Slashdot reader UnknowingFool for sharing the news.
But nChain's recently-departed CEO Christen Ager-Hanssen's thinks Wright is not Satoshi — and that's just the beginning. According to Forbes Ager-Hanssen went as far as "to leak emails suggesting former gambling billionaire Calvin Ayre, who has heavily backed the company doesn't believe Wright, nChain's chief scientist, is Satoshi Nakamoto.
The alleged email from Ayre begins by citing Wright's "litigation disaster"...' I have been operating under the assumption that you and Ramona have the keys and that you were simply pretending not to have them as part of some strategy that you have trapped yourself in. But now that we are looking at a situation where continuing to deny you have them ruins your life and damages your supporters, I am forced to make a tough decision... There is zero reason to continue to pretend you do not have the keys if you really have them... So either you are a moron for intentionally losing this case, or you are a moron for actually not having the keys... either way, I am not following you over the cliff...
But Ager-Hanssen also shared some thoughts of his own: I can confirm I have departed from nChain Global as its Group CEO with immediate effect after reporting several serious issues to the board of nChain Group including what I believe is a conspiracy to defraud nChain shareholders orchestrated by a significant shareholder. I also had concerns about the ultimate beneficiary shareholder and the real people behind DW Discovery fund registered in Cayman. The chairman also took instructions from shadow directors which I didn't accept.
I have also reported that I have found compelling evidence that Dr Craig Wright has manipulated documents with the aim to deceive the court he is Satoshi. I'm today myself convinced that Dr Craig Wright is NOT Satoshi and I'm persuaded he will lose all his legal battles. The board didn't take action and my job becomes clearly untenable. One of the things I recommended the Chairman of the board was to sack Dr Craig Wright.
I feel sorry for all the great people that work in the company but I don't want to be part of something I clearly don't believe in. #faketoshi
Forbes also notes an X (Twitter) account calling itself "Satoshi Nakamoto" with the handle @Satoshi has posted for the first time since 2018 — though X's community notes feature added: "This isn't the real Satoshi Nakamoto, creator of bitcoin. Its an account related to Craig Wright, who claims to be Satoshi with no material proof."
Thanks to long-time Slashdot reader UnknowingFool for sharing the news.
The most amazing thing about the crypto story (Score:5, Informative)
The most amazing thing about the crypto story is that every aspect of it is fraud. Its like nowhere a long the line was any significant player honest about anything.
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The most amazing thing about the crypto story is that every aspect of it is fraud.
Without fraud, crypto has no reason to exist.
Crypto is a solution in search of a problem. But, I already have money. I can already perform any financial transaction I want: buy something, sell something, invest, etc... and I can do all of it without ever touching anything crypto.
The only thing left for crypto is fraud.
Re: The most amazing thing about the crypto story (Score:1, Interesting)
Re: The most amazing thing about the crypto story (Score:5, Insightful)
Considering the volatility of crypto, can one explain how it's any better than some third world currency?
But it's funny how crypto's utility, once proclaimed as universal, is now limited to Somalians.
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It's great for ransomware payments and laundering money.
Re: The most amazing thing about the crypto story (Score:1)
Re: The most amazing thing about the crypto stor (Score:1)
Re: The most amazing thing about the crypto story (Score:5, Insightful)
This all sounds nice but Bitcoin has it's test case in El Salvador which has every problem you are describing and it's still failing to catch on or solve any problem beter than fiat and in many ways its much worse.
This supposedly altruistic use case for crypto was never it's goal, it wasn't designed to do this job, it was just tacked on to provide cover for the people making money and scamming people.
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But Bitcoin in any of those countries is only useful as what it can be converted to in respective currencies, what you can pay for goods or pay taxes with, none of which are Bitcoin, that's what made the El Salvador situation. Take away the USD and the country matches your scenario perfectly.
And really moving from USD to BTC doesn't net El Salvador any real independence. They don't control the Bitcoin code, they don't control the working group that manages the network, they don't control any significant a
I am Spartacus (Score:2)
Im also satoshi.
I've never seen a great application for big coin other than 2:
1. If we had set up phone calls, emails, and text from the beginning so that a sender pays a dime for each message -- refundable by a whitelist of the receiver--- we'd have no spam and very few scams and a lot less phishing.
It seems like a bitcoin lightning or etherium with a low process cost would have made the protocol universal across providers and nations.
And once such a high volume protocol was established actually using it
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I'm not aware of any fraud done by actual Satoshi. Nor with respect to any use of bitcoin he promoted. But as always, we got a horde of fraudsters rush to it, as they do for every single thing financially related that ever pops up.
Heck, if you set up a town-wide gift giveaway that starts by circulating a token you can give to friends, there will be bastards who cheat.
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"I'm not aware of any fraud done by actual Satoshi" – except for creating an inherently fraudulent "money" system to profit from.
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Then again, he might just be dead [wikipedia.org].
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IMHO, the most compelling theory about how Satoshi is is international hacker and murderous criminal syndicate boss Paul Le Roux [wired.com]. Which also explains IMHO the biggest issue, why he never spent the initial mint: he was arrested in 2012 and his assets (including hard drives) were seized. He had the skills, resources, motivation, and had worked in exactly this space and expressed exactly this goal, and all of the timing fits for Satoshi, down to the timezones, the email style and inquiry style matches to a T,
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Did you even read the same article I did?
The author is tired of going down the same rabbit hole over and over and resists investigating, but finds an incredibly compelling case that it's Le Roux at every single angle, doubts themselves worried that they might be doing confirmationmation bias, finishes with quoting an expert colleague that Le Roux is the odds-on favourite, then finishes with there's no way to know unless Satoshi appears and spends the initial mint.
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in late 2018, I’d largely discarded it. “I wasted countless hours trying to determine if there was any connection” between Le Roux and Satoshi, I wrote in the final manuscript. “As far as I could tell, there wasn’t.”
Quote from the end of the article:
"What my narrative was lacking—just as it had been the first time, years ago—was any single fact that couldn’t be explained away by coincidence."
The author spent a tremendous amount of time investigating. He interviewed associates, he requested non-public court documents, he interviewed family members, etc. You can't say "he resisted investigating." You are being intellectually dishonest with yourself in pursuit of the hypothesis you want to believe.
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You are truly a master at cherry picking.
"But now the messages about Le Roux kept coming..."
"This is where things started to get weird...."
"Exhausting as the whole thing seemed, ultimately it was a fear of embarrassment that drove me back down the Satoshi hole
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1) Learn the meaning of the phrase "even if".
2) Learn the meaning of phrase "most likely".
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If you look at Le Roux's source code and compare it with Satoshi's, and still think they might be the same, then I'll listen to you.
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A fractal of fraud, if you will.
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Ooo, I like it. Hope you don't mind if I steal that.
Re:The most amazing thing about the crypto story (Score:5, Insightful)
Bitcoin creator Satoshi Nakamoto may or may not be businessman Craig Wright, who in 2015 founded the blockchain-tech company nChain.
and request that this sentence be replaced by the corrected:
Bitcoin creator Satoshi Nakamoto is not the charlatan Craig Wright, who in 2015 founded the blockchain-tech company nChain.
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To be fair, there was a reasonable need for anonymity for whomever created Bitcoin. Only one year before Bitcoin was released, there was a private currency called the Liberty Dollar that was gaining in popularity... until the FBI and Secret Service raided the company, shut it down, and charged the founder Bernard von NotHaus with counterfeiting and domestic terrorism.
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To be fair, there was a reasonable need for anonymity for whomever created Bitcoin. Only one year before Bitcoin was released, there was a private currency called the Liberty Dollar that was gaining in popularity... until the FBI and Secret Service raided the company, shut it down, and charged the founder Bernard von NotHaus with counterfeiting and domestic terrorism.
Bernard von NotHaus was only a pseudonym. After they caught him they discovered his real identity, Bernard von Haus.
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There is an unregulated form of currency.
Who could have foreseen that this would attract criminals?
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What's wrong with a state issued currency that can be exchanged for goods and services? Preferably, and that would actually make it superior to any blockchain based currency, without anyone being able to trace what anyone bought with it because it's accepted legal tender.
Wonder if we can pull that off despite Da Man being out constantly after us.
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State issued currencies that are backed by nothing but the power of the state are inherently corruptible and have always been used to empower the entrenched moneyed interests of the ruling class. The direct beneficiaries of systems built on such currencies are always the cronies of the party in power.
The global elites are actively developing central bank digital currencies with in-built capacity to control what they are used for. This has been plainly stated by leaders at the ECB and BIS, among others. It
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Given the track record of the Dollar and, well, any cryptocurrency, really, I'd put my money on the greenbacks.
The chance that it's still there tomorrow is just higher.
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Given the track record of the Dollar and, well, any cryptocurrency, really, I'd put my money on the greenbacks.
The chance that it's still there tomorrow is just higher.
As long as the Petro-dollar lasts, which is looking uncertain. Russia sold more petroleum last year than ever before, and none of it for dollars. Since then Saudi Arabia and China have started trading in their respective currencies and other countries have followed suit, and BRICS is discussing setting up currency exchange services. The next few years will be interesting.
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Combined all the non-US dollar global financial activity totals under 5%. The other 95% is USD.
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Again, given the choice between Dollar and Bitcoin, the choice is very, very easy.
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True enough. Hell, Russian Rubles or Peruvian Soles are more stable.
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Is there anything more volatile than crypto?
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Liquid helium, maybe?
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It has more of azidoazide azide and a few women I know. If you look at it the wrong way it blows up in your face.
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The dollar is the strongest of the fiat currencies today, so it will likely be the last one standing. But it is not immune to the whims of politicians' penchant for devaluation, as we are seeing at present. History has shown that dominant state-backed currencies lose their dominance and fade with time.
May or may not? (Score:5, Informative)
The Naked Emperor Now In His 15th Year Of Fashion (Score:2)
It blows my mind that the absolutely buck-naked Emperor that is bitcoin & blockchain is still being touted as being even remotely useful.
Any basic example of how blockchain technology works [youtube.com] pretty much indicates it is a fraud.
I guess the way modern media and journalism works is that if you take huge dump truck of bullshit and divide it into piles and make shit patties out of them and dress them up with lettuce and tomatoes and distribute them among a number of "de-centralized" restaurants, nobody will n
Does anyone remember running seti@home on dos/win3 (Score:1)
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