The New York Times (NYT) has printed an investigation claiming that Blockstream co-founder Adam Back is Satoshi Nakamoto. This has drawn reactions from stakeholders within the crypto neighborhood, together with Back himself, who has denied being the Bitcoin founder.
NYT Claims Adam Back Is Satoshi Nakamoto
An NYT report, which entails an 18-month investigation, has claimed that the Blockstream co-founder is the Bitcoin founder. The investigation, led by John Carreyrou, highlighted Adam Back’s demeanor within the documentary ‘Money Electric: The Bitcoin Mystery,’ which first prompted the investigation into Back as Satoshi Nakamoto.
Carreyrou discovered the Blockstream co-founder’s demeanor “fishy,” which is why he initially suspected Adam Back is perhaps the Bitcoin founder. Interestingly, the Money Electric documentary was one other investigation into who Satoshi was. The documentary recognized Bitcoin Core developer Peter Todd because the possible creator of Bitcoin.
Meanwhile, the NYT investigation decided that Back was possible Satoshi Nakamoto due to elements resembling the same writing patterns and their early curiosity in cryptography. The investigation had concerned stylometric evaluation, interviews, and historic analysis, which led the investigators to attract this conclusion.
The report notably highlighted how Adam Back had embraced “crypto anarchy,” drawing consideration to Satoshi’s e mail, through which he defined why he created the Bitcoin community within the first place. Satoshi famous that the community is engaging to the “libertarian viewpoint,” which is mainly an ideology that Back believes in.
“I Am Not Satoshi”
In an X submit, Adam Back categorically said that he’s not Satoshi. However, he admitted that he was early in “laser focus on the positive societal implications of cryptography, online privacy, and electronic cash.” This was what prompted his lively curiosity in utilized analysis on escash, privateness tech on the cypherpunks checklist, which led to hashcash and different concepts.
i’m not satoshi, however I used to be early in laser give attention to the constructive societal implications of cryptography, on-line privateness and digital money, therefore my ~1992 onwards lively curiosity in utilized analysis on ecash, privateness tech on cypherpunks checklist which led to hashcash and different concepts.
— Adam Back (@adam3us) April 8, 2026
The NYT piece additionally drew reactions from others within the crypto neighborhood, together with Ripple’s former CTO David Schwartz. Schwartz, who lately sparked debate over XRP and stablecoins, wittingly mentioned, “Finally, we have the definitive answer that will certainly end the debate forever.”
It is price noting that members of the XRP neighborhood have at completely different occasions speculated that Schwartz could certainly be Satoshi Nakamoto. Meanwhile, Strategy co-founder Michael Saylor additionally commented on the NYT investigation that decided Adam Back is Satoshi.
Saylor famous that the stylometry is fascinating however not proof that the Bitcoin creator and Blockstream co-founder are the identical particular person. “The contemporaneous emails between Satoshi and Adam Back suggest they were distinct individuals,” he mentioned. The Strategy co-founder added that each concept is simply “narrative” till somebody indicators with Satoshi’s keys.
