Australia police search home of man named as bitcoin founder

Australia police search home of man named as bitcoin founder

SYDNEY (AP) — Australian police raided the Sydney home & business premises of a man that technology news sites have claimed is the founder of virtual currency bitcoin.

A statement from the Australian Federal Police on Wednesday said the searches were related to a tax investigation not recent media reports on the virtual currency.

Federal officers & tax officials refused to answer questions as they left the house in a Sydney suburb hauling two black roller suitcases.

p>Technology publications Wired & Gizmodo published reports this week identifying an Australian businessman as bitcoin's likely inventor.

Since bitcoin's birth in 2009, the currency's creator has remained a mystery.

In March last year, American Dorian Prentice Satoshi Nakamoto denied he was the inventor after Newsweek published a 4,500-word cover story linking the currency to him.

Source: “Associated Press”