Saturday, December 3, 2022
HomeCrypto NewsMarketSEC and Tim Draper Know Who Bitcoin Creator Satoshi Nakamoto Is?

SEC and Tim Draper Know Who Bitcoin Creator Satoshi Nakamoto Is?

- Advertisement -

Was A Meeting Held Between Bitcoin Satoshi Nakamoto and the SEC in 2017?


Fox Business journalist says the SEC held a meeting with Satoshi Nakamoto and Tim Draper.

The cryptocurrency industry has blossomed into a multi-trillion-dollar industry over the years. Interestingly, the industry was born following the creation of Bitcoin in 2009 by its pseudonymous founder, Satoshi Nakamoto. 

For years, people have pondered the real identity of the person or group behind the creation of Bitcoin, and it has so far ended in futility. Some people have come out claiming to be the face behind the pseudonymous Satoshi Nakamoto. 

Terrett’s Assumption

In a recent tweet, Fox Business journalist Eleanor Terrett suggested that both prominent venture capitalist Tim Draper and the Securities and Exchange Commission know the real identity of the Bitcoin creator.

According to Terrett, Valerie Szczepanik, an official of the SEC, organized a meeting with Draper and Satoshi. The meeting was held on August 23, 2017, at the SEC’s office.

“It would appear SECGov and TimDraper know who Satoshi Nakamoto is. Check out this entry from Wednesday, August 23rd, 2017 @ 11:00 AM…,” Terrett said.

It is worth noting that Terrett made this assumption after she obtained a copy of Hinman’s public calendar during his time at the SEC.

A Satoshi Fake

Interestingly, the meeting was never a secret, as Draper revealed the development three days after the meeting.

The venture capitalist said he was targeted by a “fake Satoshi” who was very convincing and wasted his time. Draper advised everyone to tread carefully to avoid getting scammed by a Satoshi fake.

Terrett later confirmed that Draper and the SEC met with a Satoshi fake.

Meanwhile, the Verge, a news outlet, shared details about the meeting. According to the report, the Satoshi fake had an extensive discussion with Draper about an Initial Coin Offering (ICO) that has attracted interest from some influential figures in the cryptocurrency space.

However, Draper dropped out of the deal after it became obvious that he was in discussion with a Satoshi fake.

“Throughout August, the supposed Satoshi and prominent Bitcoin investor Tim Draper were in discussions for an initial coin offering based on the new coin blockchain — talks that seem to have abruptly dropped off when Draper lost faith in the scheme late last week,” the report noted.

- Advertisement -
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

- Advertisment -

Recent News & Articles

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.