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New ‘Satoshi Nakamoto’ Emerges, Says He Owns 250,000 BTC Worth $2.3 Billion

November 05, 2019

A new “Satoshi Nakamoto” is now publicly promoting the narrative that he created Bitcoin. And once again, experts aren’t buying it.

Jörg Molt, a German national, claims he co-founded Bitcoin and personally owns thousands of BTC. He delivered a speech at a business school in Pune, India on the leading cryptocurrency late last year. He’s also on video saying he owns 250,000 BTC worth about $2.3 billion.

Crypto Twitter is now pushing back against his claims after the university promoted the talk.

Andreas M. Antonopoulos, a blockchain expert and the author of “Mastering Bitcoin,” says Molt has been misusing his image to make fraudulent claims.

If you are a conference organizer, you need to be very skeptical of these claims and avoid putting people like this on stage.

— Andreas (aantonop Team) (@aantonop) November 3, 2019

If you are asked to invest or give Jorg Molt money, be very very careful. This person has lied before and will likely be lying to you again.

There are many SCAMMERS in this space – always be skeptical about claims made by strangers

— Andreas (aantonop Team) (@aantonop) November 3, 2019

Molt joins a long list of people who say they are the anonymous mastermind behind Bitcoin and blockchain technology.

Back in August, Pakistani national Bilal Khalid, who now goes by James Caan, wrote a manifesto claiming he invented Bitcoin, although he can’t prove it because he claims that the laptop containing his 980,000 BTC fortune has technical issues.

The real Satoshi can prove his, her or their identity by signing a message with the address from the very first Bitcoin block. Unless that happens, the identity of the Bitcoin creator is likely to remain a mystery.

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