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Alleged Bitcoin founder Craig Wright erases himself

By NexChange
FinTech

bitcoin-believer-thumb

Australian Craig Wright, who on Wednesday became that latest man to be credited with the invention of Bitcoin, now seems to have erased of all digital trace of himself, taking down his Amazon profile, his blog, and his twitter account, as well as profiles on YouTube, Google, and Quora.

According to Gizmodo — which, alongside Wired Magazine, first named Wright as the digital cryptocurrency’s inventor  —  the academic and serial entrepreneur has started to cover his tracks online since apparently going on the lam with his wife Ramona Watts, director of his umbrella company DeMorgan.

Not long after Wright’s name was brought to light, his home — and his offices at DeMorgan — were raided by Australian federal law enforcement, as reported by The Guardian and tweeted here by the Australian Financial Review’s John McDulling:

Why were the police raiding his home? It’s not clear, but Australian Federal Police did release this statement:

The AFP can confirm it has conducted search warrants to assist the Australian Taxation Office at a residence in Gordon and a business premises in Ryde, Sydney. This matter is unrelated to recent media reporting regarding the digital currency bitcoin.

Interestingly, Finextra points out that Wright has come up against Australian tax authorities before. Wright — who is currently CEO of DeMorgan, a group of companies that focus on alternative currencies — had worked with Sydney-based tech startup Hotwire Pre-Emptive Intelligence Group to launch a bitcoin-based bank called Denariuz, but after a year of talks with regulators in the UK, US and Singapore, the idea failed to pass muster with Australian regulators. What happened next, or whether this is connected to recent events, is not yet known.

Photo: Scottks

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