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Cryptocurrency News Articles
Polymarket Bettors Eye Len Sassaman as Bitcoin BTC/USD Creator Satoshi Nakamoto in HBO Documentary
Oct 07, 2024 at 02:23 pm
Gambles favoring Sassaman were at 39% as of this writing on the cryptocurrency-based prediction market, the highest in the list that included names
The HBO documentary Money Electric: The Bitcoin Mystery is set to premiere on Tuesday, promising to reveal the true identity of Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto.
Bettors at Polymarket are keeping a close eye on the event, with a strong possibility of Len Sassaman being revealed as Nakamoto.
At the time of writing, gambles favoring Sassaman were at 39%, making him the clear favorite among a list of famous people who were believed to be the pseudonymous creator at different times in the past.
A cypherpunk and developer of the PGP encryption and privacy technology, Sassaman's name has been frequently mentioned in the mystery saga.
His death in July 2011 was preceded by Nakamoto's final communication to Bitcoin developers, a coincidence that strengthened the theory.
Next on the list was Blockstream CEO Adam Back, with more than 11% odds in his favor.
Back was supposedly one of the first two people to receive an email from Satoshi before Bitcoin's whitepaper was formally published.
Late American software developer Hal Finney, who was the recipient of the first Bitcoin transaction from Satoshi, had 3% of the total bets in his favor.
About $4.5 million have been wagered on the outcome of the event as of this writing.
The documentary, directed by Chris Smith, is described as an "electrifying detective story" that will finally "unmask the enigmatic creator of Bitcoin."
A 2:30-minute trailer dropped last week piqued the interest, not just of cryptocurrency enthusiasts but also of other followers who wanted to discover the true identity of the cult figure.
According to on-chain analytics platform Arkham Intelligence, Nakamoto purportedly holds around 1.1 million Bitcoin, making him one of the richest people in the world.
However, the true identity of the Bitcoin creator has remained one of the internet's biggest mysteries for over a decade now.
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