The Time 'Pharma Bro' Shkreli Said A Former Criminal Cartel Leader Is Bitcoin Creator Satoshi Nakamoto
Benzinga
Published Apr 03, 2023 01:23
Updated Apr 03, 2023 02:40
The Time 'Pharma Bro' Shkreli Said A Former Criminal Cartel Leader Is Bitcoin Creator Satoshi Nakamoto
Benzinga - In a Substack post, penned in December 2022, “pharma bro” Martin Shkreli made an extraordinary claim that Paul Le Roux, a former programmer and criminal cartel leader, was Satoshi Nakamoto, the pseudonymous creator of Bitcoin (CRYPTO: BTC).
What Happened: Shkreli said he managed to decrypt the first transfer ever sent to the late Bitcoin pioneer, Hal Finney. He wrote in the post that “the transaction was made by Paul Leroux to Hal Finney on January 12, 2009.”
See More: Best Crypto Day Trading Strategies
Shkreli is a controversial pharmaceutical entrepreneur and former hedge fund manager. He gained notoriety in 2015 after dramatically increasing the price of the life-saving drug Daraprim. In 2017, he was convicted of federal securities fraud. He was released in May 2022, after serving a seven-year prison sentence.
Paul Le Roux is a former computer programmer and alleged crime kingpin. He has been charged in the U.S. with drug trafficking, money laundering, and murder-for-hire-related crimes. In 2012, the Drug Enforcement Administration (DEA) successfully arrested Roux.
Greg Maxwell, a prominent developer, has challenged Shkreli’s claims by pointing out that the type of digital signature attributed to Satoshi did not emerge until after Finney had died. This suggests that someone else may now have control of the late software developer's private key.
This story was originally published on Dec. 14, 2022
Read Next: Dogecoin Co-Creator Lashes Out At Elizabeth Warren For 'Anti-Crypto Army' Plans
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Get The App
Written By: Benzinga
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.