Man believed to be bitcoin creator gets home raided in Sydney

Australian police raided the Sydney home and office of a man named by Wired magazine as the probable creator of bitcoin and holder of hundreds of millions of dollars worth of the cryptocurrency.

More than a dozen police officers entered a house registered to Craig Steven Wright, whom Wired outed as the likely real identity of Satoshi Nakamoto, the pseudonymous figure that first released bitcoin’s code in 2009.

The searches were related to a tax investigation, not recent media reports on the virtual currency, according to a statement from the Australian Federal Police.