Aussie Police arrest alleged Bitcoin founder

With a name like Satoshi Nakamoto, it was widely assumed the creator of digital currency bitcoin was some reclusive Japanese technology wizard.

But it appears he is actually an Australian academic – called Craig Steven Wright.

An investigation from tech site Wired claims the 44-year-old Sydney academic likely real identity of Satoshi Nakamoto, the pseudonymous figure that first released bitcoin’s code in 2009.

And in a bizarre coincidence, more than a dozen Australia Federal Police officers raided Dr Wright’s Gordon property on Sydney’s north shore at 1.30pm – but they denied any link to the report.

News outlets have endeavoured to unravel the mystery of who created Bitcoin for several years due to its link with criminal activities – such as the sale of drugs on the dark net – as well as the future of the multi-billion dollar digital asset.