A press conference took place on October 31, at London’s Frontline Club, where Stephen Mollah, a businessman involved in a legal battle, claimed to be the true identity of Satoshi Nakamoto, Bitcoin’s creator.
Is Stephen Mollah The Creator of Bitcoin?
On October 30, a widely circulated press release announced a scheduled live press conference for 11:30 AM (London time) at the Frontline Club in Paddington. It stated:
“After years of speculation, the public will finally discover the identity of Satoshi Nakamoto, the mysterious creator of Bitcoin and blockchain technology. This event marks a historic revelation in the cryptocurrency world.”
The alleged Satoshi Nakamoto declared: “It is time for me to officially unveil my identity. I am confronting serious legal issues, and I believe the public deserves to know the truth.”
Joe Tidy, a BBC News correspondent, attended the conference, sharing live updates that described a chaotic event: “I’m at an event claiming to unveil the identity of Bitcoin’s inventor. It’s odd, as the organizer asked for £500 to be in attendance and pose questions to this mysterious billionaire.”
Event organizer Charles Anderson opened by sharing that he had only two hours of sleep over the past two days due to the overwhelming response surrounding the announcement. He made bold claims about his past, asserting he innovated both “energy recovery systems” in vehicles and the TV show “Britain’s Got Talent.”
Things took a strange turn when a representative from the Frontline Club interrupted to clarify that the event was not officially connected to the club, prompting at least one journalist to leave in protest.
After facing technical issues with their laptop, Mollah finally took the stage, claiming his identity as Satoshi Nakamoto and pledging to provide proof of his assertion. Tidy reported:
“The event is currently offline due to laptop troubles. Mr. Mollah is sharing his credentials, calling himself an economic and monetary scientist. He attempted to reveal himself as Satoshi in 2016 but claims he was hindered.”
Mollah’s claim has a controversial backdrop. An October 10 report from the London Evening Standard states that Mollah, 58, and Anderson, 67, are facing a private prosecution for alleged fraud. They stand accused of falsely representing Mollah as Satoshi Nakamoto and asserting he owned 165,000 Bitcoins in Singapore, a sum valued at billions.
The indictment charges them with knowingly misrepresenting Mollah’s identity and Bitcoin holdings, allegedly to cause financial harm to the supposed victim, Dalmit Dohil. Both denied the charge at the Inner London Crown Court and are awaiting trial, scheduled for November 3, 2025.
Reactions from the Community
The Bitcoin community quickly expressed doubts regarding the event. Many labeled Mollah as another “Faketoshi,” a term for individuals falsely claiming to be Satoshi Nakamoto. Online discussions were rife with skepticism and ridicule.
One commenter said: “Spoiler alert: Charles Anderson is the ‘journalist’ ‘exposing’ Stephen Mollah as the ‘true’ Satoshi. Anderson is deceitful, and Mollah is fraudulent. Such behavior should not be tolerated in society.” Another added: “This is yet another bizarre claim to be Satoshi lol.”
As of the latest updates, Bitcoin was trading at $71,880.