Dear Reader, have you ever wondered who might be the wealthiest individual in the realm of cryptocurrency? Look no further than the enigmatic Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
According to recent onchain research, it appears that Mr. Nakamoto’s Bitcoin holdings have skyrocketed in value, potentially surpassing the net worth of none other than the esteemed Bill Gates himself!
Conor Grogan, a director at Coinbase, has identified additional addresses potentially belonging to Nakamoto, which could bring his total Bitcoin holdings to a staggering 1.096 million Bitcoin (BTC), worth over $108 billion!
At the time of writing, the former Microsoft CEO, Bill Gates, boasts a net worth of approximately $106 billion, making him the world’s 16th richest person, according to Forbes rankings.
If the transaction patterns are accurate, this would catapult Nakamoto to the world’s 16th richest person, overtaking Gates in the process. Quite the coup, wouldn’t you agree? 😉
Can Kraken uncover Satoshi’s true identity?
Centralized exchange (CEX) Kraken may possess data related to Nakamoto’s identity, as Nakamoto’s last known transactions with a CEX occurred through Cavirtex, a Canada-based exchange acquired by Kraken in 2016. Grogan noted:
“CaVirtEx was purchased by Kraken in 2016. As such. there is a chance that @jespow has information on the true identity behind Satoshi if they maintained any KYC information on this wallet.”
“My advice to him would be to delete the data,” Grogan added with a touch of sarcasm. 😉
Nakamoto’s last documented onchain transactions with a CEX reportedly occurred in 2014, according to Grogan’s findings.
Cavirtex may have lacked KYC verification
However, at the time, Know Your Customer (KYC) verification was not widely enforced in the cryptocurrency industry.
Kraken was among the first documented exchanges to implement KYC verification as early as 2014, but requirements for all users were only implemented in 2017 and 2018.
Kraken acquired Cavirtex in January 2016, but there are no documents suggesting that the exchange had KYC requirements for users.
CryptoMoon has approached Kraken for details about the Nakamoto-linked wallet’s potential identity.
CryptoMoon also reached out to Arkham for more details surrounding the “Patoshi pattern” and Nakamoto’s holdings.
Read More
- PSP PREDICTION. PSP cryptocurrency
- NYM PREDICTION. NYM cryptocurrency
- IP PREDICTION. IP cryptocurrency
- EUR IDR PREDICTION
- RLC PREDICTION. RLC cryptocurrency
- INJ PREDICTION. INJ cryptocurrency
- XRD PREDICTION. XRD cryptocurrency
- CTK PREDICTION. CTK cryptocurrency
- EUR INR PREDICTION
- COW PREDICTION. COW cryptocurrency
2025-02-06 15:50