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22 October 2021
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Craig Wright is willing to declare under oath that he is Satoshi Nakomoto

Craig Wright is best known as the man who claims that he is Satoshi Nakomoto, the original inventor of bitcoin (BTC). The Australian cryptographer says he is willing to explain this under oath to the US Commodity Futures Trading Commission (CFTC).

The CTFC has in recent weeks asked for comments from the cryptocurrency industry about the industry itself. Craig Wright submitted the following comment:

The amount of misunderstandings and misleading information spread over bitcoin and every derived system based on a blockchain (such as and including ethereum (ETH)) has led me to make the choice to become more public.

The system that I have made is partly designed to end fraud as well as possible with any technology. The lack of knowledge about the functioning of blockchains has resulted in widespread misinformation and the spread of old scams. Many of the former scams of USENET and internet initial public offerings (IPOs) have been propagated with re-labeling as an initial coin offering (ICO).

The rumors that Craig Wright Satoshi Nakomoto is already emerging in 2015 when tech websites Wired and Gizmondo wrote about these rumors. In 2016 Wright claimed that he is indeed Satoshi Nakomoto:

Some people will believe it; some people will not. And to tell you the truth, I do not really care.

Wright tried to prove it by sending a message from a private key that would be from Satoshi Nakomoto. However, many experts from the industry, including the founder of Ethereum, Vitalik Buterin, indicated that the evidence was not clear. Craig Wright was called a scammer and received the nickname “Faketoshi.”

In 2018 the rumors surfaced again when Ryan X Charles, founder of Yours.org, on Twitter claimed that he thinks Craig Wright is Satoshi Nakomoto.

Last year Wright led the project behind Bitcoin Cash Satoshi’s Vision, now known as Bitcoin SV. A hard fork in November 2018 ensured that Bitcoin Cash was split into BCH ABC and BCH SV. That caused a considerable drop in all prices, including that of bitcoin.

Whether Craig Wright will be heard by the CTFC is still the question, let alone if he can really prove that he is Nakomoto this time. The market is in any case skeptical about it.

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