Rumored 'Satoshi Nakamoto' Account Reactivates After 5 Years With Cryptic Message For Bitcoin, Crypto

An X (Twitter) account with the name Satoshi Nakamoto resurfaced on Monday, after a five-year break on the social media platform, talking about exploring Bitcoin's BTC/USD attributes in detail.

There's no verification that this X account originally belonged to Nakamoto, so investors should approach any token drop from the account with caution.

The tweet came from the account @satoshi which is also marked as "verified" with the blue tick.

The white paper mentioned in the tweet is the one that Nakamoto had originally written in October 2008, “Bitcoin: A Peer-to-Peer Electronic Cash System.” Its abstract read like this:

“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”

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In April 2011, his last email to a fellow Bitcoin developer said “I’ve moved on to other things assuring that the future of Bitcoin was in good hands.”

Coincidentally, just last month, a previously inactive Bitcoin wallet sprang to life holding $30 million in BTC, with rumors suggesting it might belong to Nakamoto.

Price Action: At the time of writing, Bitcoin was up 2.88% in the past 24 hours at $27,886.

Now Read: EXCLUSIVE: Mark Yusko On Bitcoin's Future, Crypto Protocol Investing, 2024 Price Target

Disclaimer: There's no evidence that links this account to Satoshi Nakamoto. It is highly probable it's just an impersonator. Proceed with caution.

Photo: Shutterstock