Monday, March 17, 2014

Dorian S. Nakamoto hires lawyer to 'clear his name' of bitcoin claim

Dorian Satoshi Nakamoto 

Dorian Satoshi Nakamoto insists he is not the creator of bitcoin.

Dorian Satoshi Nakamoto of Temple City, the man recently named by Newsweek as the mysterious creator of bitcoin, has hired a law firm and issued a statement late Sunday night in what he says was an attempt to "clear my name."

The statement came in an email from Ethan D. Kirschner, a Los Angeles lawyer.

"This firm has been retained by Dorian S. Nakamoto, the subject of the recent Newsweek cover story on Bitcoin," Kirschner said in an email. "He has issued the attached prepared statement. No further comment will be made by Mr. Nakamoto or the firm."

In the statement, Nakamoto says:

"I did not create, invent or otherwise work on Bitcoin. I unconditionally deny the Newsweek report."

According to Nakamoto, he heard the term bitcoin from his son only in February after he had been contacted by the reporter working on the Newsweek story.

When that story was published in early March, Nakamoto, 64, found himself at the center of a media circus as well as a raging online debate about whether he could in fact be the programmer who had created the virtual currency that has become a billion-dollar global phenomenon.

Part of the story pointed to the fact that Nakamoto of Temple City had programming skills. In the statement, Nakamoto says:

"My background is in engineering. I also have the ability to program. My most recent job was as an electrical engineer troubleshooting air traffic control equipment for the FAA. I have no knowledge of nor have I ever worked on cryptography, peer to peer systems, or alternative currencies."

The Newsweek story also notes what appears to be a strange gap in his resume over the last decade, the time during which the bitcoin code was written and released. Nakamoto explains:

For the rest of the story: http://www.latimes.com/business/technology/la-fi-tn-dorian-s-nakamoto-hires-lawyer-to-clear-his-name-of-bitcoin-claim-20140316,0,41210.story#ixzz2wDibdv8w

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