Renowned financial and crypto speaker Fred Krueger published a detailed breakdown that, at least for him, puts an end to the long-running search for the Bitcoin creator known as Satoshi Nakamoto. According to Krueger, the pseudonym did not belong to one person, but to a duo of legendary cypherpunks – Hal Finney and Len Sassaman.
Krueger highlights three key factors that make this hypothesis the most logical, and surprisingly the first is Hal Finney’s ironclad alibi as a marathon runner. An analysis of correspondence logs from 2009 showed that Satoshi was sending emails to Mike Hearn at the exact time Hal Finney was running a 10-mile race.
One person cannot be in two places at once, but a team can, Krueger argues.
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In addition, if Finney was the “hands” and the C++ genius behind the operation, then Sassaman was a world-class cryptography expert. This explains why the Bitcoin whitepaper was written in an academic style with a “British accent” many attribute to Satoshi, considering that Sassaman lived in Belgium for a long time, while the Bitcoin code itself was a purely engineering product.
The final argument for Krueger is the synchronicity of the disappearance, a “chilling coincidence”: Satoshi stopped communicating on April 26, 2011. Just 68 days later, Len Sassaman died by suicide. During the same period, Hal Finney was already losing the ability to type because of the progression of ALS.
1.1 million BTC verdict
Krueger’s main conclusion is disappointing for those still waiting for the creator’s wallets to awaken – Satoshi’s bitcoins will never move. At the time of Len’s death and Hal’s paralysis, their holdings were worth “only” $800,000.
According to the analyst’s theory, the keys went to the grave with the authors, turning the 1.1 million BTC stash into the largest “burned” supply of Bitcoin in history, considering that the stack is now worth $87.8 billion. In this context, what matters is not who Satoshi was, but that the risk of a sudden Bitcoin price collapse caused by the creator may have dropped to zero.
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