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Dorian Nakamoto officially denies he created Bitcoin

March 17
2:34 PM 2014

In a previous report by Newsweek, Dorian Satoshi Nakamoto was identified as the creator of Bitcoin. But Nakamoto has recently released an official statement denying all his alleged ties with Bitcoin, according to VentureBeat.

Nakamoto said the first time he heard about Bitcoin was when Leah MgGrath Goodman, a Newsweek reporter, contacted him to inquire about the issue, the report added.

In Newsweek's report, Nakamoto was quoted saying: "I am no longer involved in that and I cannot discuss it. It's been turned over to other people. They are in charge of it now. I no longer have any connection."

However, Mashable cited Nakamoto saying in the statement he gave to finance writer Felix Salmon: "My name is Dorian Satoshi Nakamoto. I am the subject of the Newsweek story on Bitcoin. I am writing this statement to clear my name. I did not create, invent or otherwise work on Bitcoin. I unconditionally deny the Newsweek report... My background is in engineering. I also have the ability to program. My most recent job was as an electrical engineer troubleshooting air traffic control equipment for the FAA. I have no knowledge of nor have I ever worked on cryptography, peer to peer systems, or alternative currencies."

According to Mashable, Ed Felten, a cryptography expert from the Princeton University, had expressed his doubt regarding the Newsweek report. Other cryptography experts as well have been quick to point out that the article does not mention Dorian Nakamoto's background or experience in cryptography, the report explained.

Because of all the nuisance that this sudden publicity has caused Nakamoto, he is now asking the public to give him some peace, Mashable reported.

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