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Adam Back denies being Satoshi Nakamoto, refutes NYT report

April 08, 2026, 10:52 AM
Adam Back, CEO of the Bitcoin-focused financial infrastructure developer Blockstream, has denied that he is Satoshi Nakamoto, refuting a report by The New York Times. The denial follows an article by investigative journalist John Carreyrou that identified Back as the probable anonymous creator of Bitcoin. Through a post on X, Back acknowledged his involvement in the cypherpunk movement since 1992 and his research into ideas similar to Bitcoin, but dismissed the evidence presented by Carreyrou as coincidental. He specifically addressed the linguistic analysis in the article, arguing that it was a case of confirmation bias. Back pointed out that he had written approximately 20 times more than others in relevant discussions, meaning his writing was statistically more likely to be exposed, and claimed that any analysis failing to account for this was flawed. Back concluded by emphasizing that Satoshi's continued anonymity is a positive for the Bitcoin ecosystem, as it helps the asset be perceived as a scarce digital resource rather than the creation of a single individual.

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