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Bitcoin founder revealed as Australian Craig Wright

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Sydney-man Craig Wright has outed himself as the founder of the controversial virtual currency bitcoin.

The scientist, inventor and academic went public on Monday as the man who developed and launched bitcoin, the electronic payment network which allows people to pay each other directly over the internet without the need for a bank, and the blockchain, a decentralised database of every bitcoin transaction. Bitcoin was trading at $593 per coin on Monday.

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Misa Han writes on news and business from our Sydney newsroom. Connect with Misa on Twitter. Email Misa at misa.han@afr.com.au
Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-gokama