Enigmatic bitcoin creator Nakamoto found: Newsweek

March 07, 2014 02:41

Newsweek today said it had found the enigmatic creator of the online currency bitcoin, a reclusive Japanese-American physicist and model train fan whose name is actually Satoshi Nakamoto.

After years of speculation that the name was a pseudonym for another person or a collective, a Newsweek reporter said 64-year-old Dorian S Nakamoto, who lives in a modest two-storey home in suburban Los Angeles, is the creator of the crypto-currency that has rocked the banking world.

Nakamoto did not admit to being behind the online phenomenon that, since its launch five years ago, has sparked enthusiasm as a financial revolution and scandals over its use to trade drugs and launder money.

And he called the police when the magazine's reporter knocked on his door.

But the magazine said the man, whose quiet career often involved classified work as a systems engineer for the US government and private companies, tacitly acknowledged his role.

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