
A New York Times investigation has identified British cryptographer Adam Back as most likely the figure behind Satoshi Nakamoto, the pseudonymous creator of Bitcoin, a claim the 55-year-old has flatly denied.
Back is the chief executive of Blockstream, a major Bitcoin infrastructure company he co-founded in 2014. The dormant wallets attributed to Satoshi are estimated to contain 1.1 million Bitcoin, worth around $79 billion (£62 billion) after the cryptocurrency surged above $72,000 (£57,000) per coin on Wednesday.