Companies associated with the Australian IT entrepreneur outed as a possible creator of digital currency Bitcoin are valued at $300 million, pointing to potentially huge personal fortune that is now the target of the Australian Taxation Office.
Craig Wright, an eccentric IT entrepreneur and security expert, was named by IT magazines Wired and Gizmodo this week as the possible creator of the Bitcoin electronic currency — previously only known by the pseudonym Satoshi Nakamoto.
There has been a worldwide hunt for the elusive Nakamoto since the launch of Bitcoin electronic currency in January 2009. The currency has grown in value to be worth $US5 billion.
This week ATO officials accompanied by the Australian Federal Police executed a warrant at Mr Wright’s Sydney home as part of an ongoing tax dispute associated with Mr Wright’s companies........
http://www.theaustralian.com.au/business/companies/ato-in-the-hunt-for-possible-bitcoin-founders-stash/news-story/f7efe50bb9ecb0c608d58a902c5a4efe?nk=48d8356d17b1b4684abc5ed98fa56bbc-1449822037