Australian entrepreneur Craig Wright openly acknowledged Satoshi Nakamoto, founder of the Internet virtual currency Pittcoin. This recognition he made concluded over the years speculation about who invented bitcoin.
Shortly after Wright released his identity, Gavin Andresen of the Bitcoin Foundation expressed his support for Wright in his blog. He wrote: "I believe Craig Wright is the inventor of bitcoin.”Jon Matonis, an economist at the Bitcoin Foundation, said he believes Wright is real. Wright hopes to end the media's public speculation about who is "Nakamoto" in the open. After the media broke the news, Australian authorities quickly searched Wright's home. However, the Australian tax authority said the search operation has nothing to do with bitcoin but rather a long-term investigation of tax issues.