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Police Raid Home of Alleged Bitcoin Creator Craig Wright

Police in Australia have raided the home of Craig Wright, the tech entrepreneur who reports suggest may be behind creation of the bitcoin protocol.

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Police in Australia have raided the home of Craig Wright, the tech entrepreneur who reports suggest may be one of two individuals behind the creation of bitcoin's protocol.

The Guardian reported that police entered Wright’s home on Wednesday afternoon, hours after the release of two articles, one by Wired and another by Gizmodo, that published information linking the 44-year-old to the digital currency’s anonymous creator Satoshi Nakamoto.

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The news outlet indicated 10 police officers visited the house at 1:30pm local time, and that these agents were seen searching cupboards and areas of the garage.

The raid is not related to Wright’s now-suspected role in the digital currency’s creation, according to the media source, which said police have stated it is in connection to an investigation by the Australian Tax Office.

The Australian Federal Police said in a statement obtained by Reuters that the officers' presence at the property is "not associated with the media reporting overnight about bitcoins".

Crime image via Shutterstock

Pete Rizzo

Pete Rizzo was CoinDesk's editor-in-chief until September 2019. Prior to joining CoinDesk in 2013, he was an editor at payments news source PYMNTS.com.

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