Cryptocurrencies

Crypto Faithful Flip Out on Speculation Satoshi Sold Bitcoin

  • Bitcoin tumbles on rumors creator moved coins mined in 2009
  • ‘It could really have been anyone,’ says Coin Metrics’s Carter

    

Photographer: Philippe Lopez/AFP via Getty Images

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Crypto Twitter was ablaze Wednesday after the sale of some Bitcoin was reportedly linked to the account of the token’s mystery founder.

The price of the largest digital token plummeted on speculation its anonymous creator, who goes by the pseudonym Satoshi Nakamoto, was moving coins mined in early 2009, an act perceived by some as a near-sacrilegious offense.