New Lead in Satoshi Mystery: Bitcoin Creator May Have Left Digital Footprints at Canadian Exchange

Coinbase Executive Uncovers Potential Satoshi Nakamoto Link to Canadian Exchange Through Blockchain Analysis

  • Coinbase executive discovers potential link between Satoshi Nakamoto and Canadian exchange Cavirtex through blockchain transactions.
  • The connection could be groundbreaking as Satoshi was never previously known to interact with centralized exchanges requiring KYC.
  • Cavirtex maintained strict know-your-customer policies before being acquired by Kraken in 2016.
  • If verified, Kraken may possess crucial identifying information about Bitcoin‘s creator from inherited Cavirtex data.
  • The discovery represents the first documented on-chain interaction between a Satoshi-linked wallet and a centralized exchange.

A new blockchain analysis by Coinbase executive Conor Grogan has potentially uncovered a critical lead in the decade-long mystery of Bitcoin creator Satoshi Nakamoto’s identity, revealing previously unknown transactions between a Satoshi-controlled wallet and the defunct Canadian exchange Cavirtex.

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According to Grogan’s analysis, the transaction history shows 24 outbound sends from addresses linked to Satoshi, with a notable connection to Cavirtex, which maintained stringent know-your-customer (KYC) requirements even before such practices became standard in the industry.

The timing of these transactions, occurring around December 2013, coincides with a period when Cavirtex was already implementing what Bitcoin forum users described as “stricter KYC policies.” This predated Canada‘s official cryptocurrency regulations by roughly six months.

Kraken, which acquired Cavirtex in 2016, has responded cryptically to these findings, stating only that “We are all Satoshi.” The exchange’s possession of any relevant KYC data from Cavirtex’s operations remains unconfirmed.

The significance of this discovery lies in its unprecedented nature – while Satoshi’s early Bitcoin transactions have been extensively studied, no previous evidence had emerged of interactions with centralized exchanges that required identity verification.

The trail could prove particularly valuable given that Cavirtex’s KYC practices were notably robust for the era, matching the compliance standards of major exchanges like Coinbase and Kraken. The exchange publicly affirmed its proactive stance on identity verification even before it became legally mandatory in Canada.

If authenticated, these transactions could represent the most substantial lead yet in identifying Bitcoin’s creator, whose invention has grown into a $2 trillion market phenomenon while their identity remains one of technology’s greatest mysteries.

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