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How to steal 54 millions of dollar from the australian government

I have bumped into this reddit post that seems the most likely explanation of the behavior of Craig Wright.

I took the time to reformulate it, and point to links adding evidences to the case, so you can see for yourself if it is a conspiracy or the simpler explanation.

Craig Wright is the founder of DeMorgan Ltd. which received 54 millions dollar as R&D subsidy for expenditure on the C01N supercomputer (bought from SGI via a child company of DeMorgan Ltd. named Cloudcroft) and a software called Hotwire bought from another company Craig founded.

  1. SGI publicly denied the transaction, Craig used forged a document to rank 17th in the top500 computer list, and claimed to make experiences about Bitcoin Scalability,
  2. Hotwire is claimed to be paid in Bitcoin, the transaction id was never revealed,

Then the australian police raided his house for tax fraud.

Craig Wright claims his supercomputer Tulip is located in Iceland outside Australian jurisdiction, allegedly for electricity being cheaper.

Craig Wright is now trying to prove to the tax authority that his expenses were done through his holding that inherited satoshi’s bitcoin. As you can read in the document, Craig Wright is authorized to ask for loan backed by satoshi's coins from the holding for developing bitcoin’s value, and he is claiming that this money is what is being used for paying the expenses which would justify his 54 millions subsidy.

Now Craig Wright is using the 54 million of dollars he received to prove he, or his brother, is satoshi instead of just proving ownership of his bitcoin holding which served the fake expenses. He started by making sure some respected authority in the bitcoin industry will vouch for him. Then tried to reach media coverage as proof that he is satoshi.

Craig is currently using his 54 million subsidy to find way to make the tax authority to believe his story. Maybe he already reached his goal, with 54 million dollars, he can easily corrupt the tax officer, the tax officer who can now cover his ass by pointing out that some “bitcoin experts” testified him being satoshi. (plausible deniability)

Until now:

  1. There is no proof of him having a supercomputer, nor having worked for Bitcoin (as his claim of testing 340 GB blocks)
  2. No cryptographic proof that he holds the bitcoin supposedly in the trust,
  3. bitcoin experts agree pointed out various proof deceptions about his posts (forbes, economist, inverse)

Craig Wright has currently a wealth of 54 millions and using it to replace cryptographic proof by validation of bitcoin experts.

He tries to replace the proof of owning Bitcoin (which is hard to fake), with a simpler proof of convincing (and paying) a tax officer of being satoshi.

I would now ask to Australian tax authorities to be very careful about officers investigating his case as 54 millions is enough to bribe basically anybody to close their eyes. Especially if recent coverage provide plausible deniability to a corrupted officer.

I would also be highly suspicious about any manipulation on reddit trying to push the doubt over whether is brother is satoshi, which might be part of his plan.

Sources:

http://uk.businessinsider.com/craig-steven-wright-alleged-bitcoin-founders-theory-on-tulip-mania-bubble-2015-12

http://www.coindesk.com/police-raid-home-of-alleged-bitcoin-creator-craig-wright/

http://www.zdnet.com/article/sgi-denies-links-with-alleged-bitcoin-founder-craig-wright/

https://www.reddit.com/r/Bitcoin/comments/4hm5l1/telling_craig_wright_deflected_question_about/

http://www.grantcentral.com.au/big-numbers-involved-in-rd-tax-incentive/

https://en.wikipedia.org/wiki/Craig_Steven_Wright

submitted by /u/NicolasDorier
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Bitcoin

How to steal 54 millions of dollar from the australian government (reddit.com)

I have bumped into this reddit post that seems the most likely explanation of the behavior of Craig Wright. I took the time to reformulate it, and point to links adding evidences to the case, so you can see for yourself if it is a conspiracy or the simpler explanation. Craig Wright is the founder of DeMorgan Ltd. which…

Bitcoin

Even IF Craig Wright moves some coins from an early block, I still don't believe he's Satoshi. (reddit.com)

Even if coins are being moved, it most certainly does NOT prove Craig Wright is Satoshi Nakamoto. A much more credible explanation would be that Satoshi already created (and signed) a transaction in the early days, but never broadcasted it. Somehow Craig got hold of such a tx (maybe was in some way related to the real Satoshi) and he can push it now. If Craig Wright really were Satoshi, he could simply prove it just like

Bitcoin