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Satoshi’s Identity Might Have Been Revealed by Martin Shkreli

Wed, 12/14/2022 - 05:37
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Alex Dovbnya
Martin Shkreli alleges that former criminal cartel boss Paul Le Roux is Satoshi Nakamoto, but prominent Bitcoin developers are disputing his claims
Satoshi’s Identity Might Have Been Revealed by Martin Shkreli
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In a recent Substack post, Martin Shkreli, the disgraced biotech entrepreneur, alleges that Paul Le Roux, a former programmer, and former criminal cartel boss, is the real Satoshi Nakamoto. 

The “'pharma bro” appears to have decrypted the very first transfer sent to the late Bitcoin pioneer Hal Finney.

Le Roux was arrested back in 2012 after the Drug Enforcement Administration successfully lured him into a trap. During a sting operation organized by the DEA, a paid informant secretly recorded the gangster. 

The drug lord and weapons trafficker received a 25-year prison sentence in June 2020. Le Roux could have spent his whole remaining life behind bars, but his sentence was reduced due to providing extensive assistance to the DEA. 

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The coder-turned-kingpin has been one of the top Satoshi Nakamoto candidates for quite a while. A Wired article published back in 2019 suggests that there is overwhelming evidence that Bitcoin was created by the criminal mastermind.  

The Bitcoin community poured cold water on Shkreli’s most recent revelation. Prominent Bitcoin Core developer Peter Wuille argues that his blog post only proves that someone with access to Finney's private key signed the claimed message.  

Greg Maxwell, another prominent developer, also disputed Shkreli’s claims, arguing that the signature type used by the alleged Satoshi didn't exist until after Finney’s was out of commission. Hence, this only proves that someone controls the private key of the late software developer. 

If Shkreli is correct, it means that Le Roux likely created Bitcoin as a money laundering tool for supporting his criminal empire, validating the warnings of many cryptocurrency naysayers. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at

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