Monday, October 20th13.6°C
23836
22934

AP Exclusive: Man named by Newsweek as Bitcoin's founder strongly denies it

LOS ANGELES, Calif. - The man Newsweek claims is the founder of Bitcoin denies he had anything to do with the digital currency.

In an exclusive two-hour interview with The Associated Press Dorian S. Nakamoto, 64, said he had never heard of Bitcoin until his son told him he had been contacted by a reporter three weeks ago.

Reached at his home in Temple City, Calif., Nakamoto acknowledged that many of the details in Newsweek's report are correct, including that he once worked for a defence contractor. But he strongly disputes the magazine's assertion that he is "the face behind Bitcoin."

Since Bitcoin's birth in 2009, the currency's creator has remained a mystery. The person —or people— behind its founding have been known only as "Satoshi Nakamoto," which many observers believed to be a pseudonym.

The Canadian Press


Read more Business News

22364


Recent Trending




Today's Market
S&P TSX14337.77+110.09
S&P CDNX811.351.22
DJIA16399.6719.26
Nasdaq4316.075+57.637
S&P 5001904.01+17.25
CDN Dollar0.88580.00
Gold1247.20+2.50
Oil81.27-0.35
Lumber330.70-0.20
Natural Gas3.665-0.101

 
Okanagan Companies
Pacific Safety0.10-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.12+0.01
Cantex0.055-0.025
Anavex Life Sciences0.191+0.001
Metalex Ventures0.050.00
Russel Metals32.28-0.07
Copper Mountain Mining1.99+0.05
Colorado Resources0.15+0.005
ReliaBrand Inc0.0111-0.0019
Sunrise Resources Ltd0.060.00
Mission Ready Services0.450.00

 



20759

FEATURED Property
20586872093 Horizon Drive
4 bedrooms 3 baths
$599,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_



23803

23803


Member of BC Press Council


22771