• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Free SpinsTry
  • Play FinanceTry
No Result
View All Result
Breaking News: Bitcoin Price Retests $27K Following Fed Rate Decision
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Free SpinsTry
  • Play FinanceTry
No Result
View All Result
NewsBTC
No Result
View All Result
Breaking News: Bitcoin Price Retests $27K Following Fed Rate Decision
Police Raid Australian Home of Rumored Bitcoin Creator. newsbtc bitcoin news

Police Raid Australian Home of Rumored Bitcoin Creator

NewsBTC by NewsBTC
7 years ago
in Bitcoin
Reading Time: 2 mins read
Advertisement

As we reported yesterday here at NewsBTC, the hot new rumor in the Bitcoin space is that a relative unknown, Craig Steven Wright, may be Satoshi Nakamoto, the inventor of the digital currency Bitcoin. This idea was spread by WIRED Magazine and Gizmodo on Tuesday, but the rumor may have been started by Wright, himself, after his recent Skype call to Bitcoin Investor’s Conference in Las Vegas, Nevada. Regardless of the origin, this new shot of fame coincides with a fair amount of personal turmoil, as Wright’s home has just been been the subject of a police raid in Australia.

Reuters reports that this police investigation extends beyond his home, and they have also taken control of his two listed corporate locations, DeMorgan Ltd and Panopticrypt Pty Ltd. DeMorgan Ltd. is listed by Wright as “a pre-IPO Australian listed company focused on alternative currency.” All that a policeman at the scene would say about the action is “There’s an operation going on at the moment; I can’t answer any questions.”

It appears the timing of the police raids was not a coincidence, as the owner of the home Wright and his family were residing in, Garry Hayres, told Reuters. Wright lived in the home for a year and was due to move to Britain on December 22nd. According to Hayres, Wright had a “substantial computer system set-up” and had attached a “three-phase” power system to the house for more electrical power.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

The Australian Federal Police said in a prepared statement that the police’s “presence at Mr. Wright’s property is not associated with the media reporting overnight about bitcoins.” AFP (Australian Federal Police) are implying that this a tax-related matter, and are referring further inquiries to the Australian Tax Office.

Craig Steven Wright was a relative unknown before his Skype call to the conference in Las Vegas. He seems taken with the idea that he did invent Bitcoin, being quoted at the Bitcoin Investor’s Conference as saying “I have a Master’s in law…a Master’s in statistics, a couple of Doctorates. I’ve been involved with all (Bitcoin) for a long time. I…..try and stay….I keep my head down.”

Potentially central to this current police investigation, there is a matter of public record on the corporate advisory firm McGrathNicol’s website. A report there shows the amount of Bitcoin listed as being held by Wright. In 2013, Wright started a company called HotWire, which was funded by approximately $23 million in bitcoins owned by Wright that are now worth approximately $60 million.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Tags: bitcoinBitcoin NewsCraig Steven WrightNewsSatoshi Nakamoto
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
NewsBTC

NewsBTC

Related Posts

Bitcoin

Bitcoin Price Action Mirrors Q1 2021, Volatility Ahead?

23 hours ago
Bitcoin

Bitcoin Coinbase Premium Continues To Decline, Buying Pressure Ending?

1 day ago
Bitcoin

Quant Explains How Bitcoin ‘ESR’ Can Act As Leading Indicator For Price

1 day ago
Bitcoin US Government

Bitcoin Will Be Stronger Despite Attacks From the US, Says HRF’s Executive

1 day ago
Bitcoin bull case

3 Reasons To Remain Bullish On Bitcoin In Coming Months

1 day ago
Bitcoin

Bitcoin Liquidity Crisis Gets Worse, Here’s What It Means For Price

1 day ago

Premium Partners

Play Finance

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
CryptoSlots

CryptoSlots

Review · Visit
mBit

mBit

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

ShibaLauncher: First Community Driven Launchpad on Shibarium Opens Token Pre Sale To SHIB Holders

March 25, 2023

As the competition in the derivatives market heats up, BitMake is poised to stand out

March 25, 2023

BNB (BNB) Stagnates, Collateral Network (COLT) Presale Takes Off, And Avalanche (AVAX) Loses Ground

March 25, 2023

Don’t Be Slow! TMS Network’s (TMSN) Presale Is Selling Out Fast As Aptos (APT) And Avalanche (AVAX) Fall To A New Low

March 25, 2023

IBC Group Incubates Chirpley, Pioneering a New Era of Digital Marketing with Nano-Micro Influencer Marketplace

March 25, 2023

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Links

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2022 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Events
  • Play Games
  • Play Casino Games
  • Free Spins
  • Play Finance

© 2022 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.