Skip to content

Fran Finney and others deny being behind ‘Satoshi’ bitcoins

May 20, 2020

The latest Bitcoin (BTC) transactions sent from a wallet created 11 years ago were not those of the famous computer scientist Hal Finney, as Finney’s wife Fran confirmed.

“Very strange,” Fran Finney told Cointelegraph when asked about the recent transactions sent from a Bitcoin wallet that has been intact for more than a decade to date. “Those weren’t coins my husband would have mined and we had nothing to do with them,” she added.

Hal Finney died in 2014 of amyotrophic lateral sclerosis (ALS). Finney’s wife Fran works with the ALS Association, an organization dedicated to finding a cure for this terrible disease.

Who was Hal Finney?

Fran Finney and others deny being behind ‘Satoshi’ bitcoins
Fran Finney and others deny being behind ‘Satoshi’ bitcoins

Hal Finney helped develop Bitcoin in the early days of the project. Finney helped encrypt Bitcoin at launch and was one of the first miners on the network.

Before joining Bitcoin, Finney worked on a number of other innovative initiatives, including the PGP encryption framework. Bitcoin founder Satoshi Nakamoto also sent Finney the first Bitcoin transaction shortly after the network started in 2009.

Many of the participants in the crypto space think that Finney himself is Nakamoto, an assertion that Hal has consistently denied on several occasions.

Was it Martti Malmi?

Martti Malmi, also one of the earliest Bitcoin developers, also denied the move from BTC. “I found Bitcoin around April [2009]”Malmi said in one Tweet May 20 addressed to Cointelegraph. The wallet in question is two months before Malmi’s participation.

Was it Marshall Hayner?

Marshall Hayner, CEO of Metal Pay, another early miner, indicated that he didn’t move the coins either. The pioneer said he only entered the Bitcoin scene in November 2009. However, he also pointed out to Cointelegraph that “If I were, I would not say it.”

He added:

“The real miner will probably never admit it. They have an abundance of coins and don’t want to be the target. I can confirm that I was in the mine in 2009, but I will never reveal my possessions publicly.”

Hayner claimed that the person who carried out the transaction would never allow the activity, saying, “They don’t want negative attention and potential criminals to target them.” They would rather be known for their contributions to blockchain or not known at all. “”

Cointelegraph’s recent interview with programmer John McAfee found that he is 99% sure of Nakamoto’s identity, although he is unwilling to say anything.

Jeffrey Albus contributed to this article.

Do not stop reading: