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Did a faux Satoshi infiltrate conventional finance and even discover their approach into an SEC assembly? Twitter is reeling in hilarity this week in our newest retrospective exploration into an outdated 2017 SEC assembly that supposedly featured the ever-so-elusive Satoshi Nakamoto and Tim Draper. The solely downside? It appears that enterprise capitalist Draper was duped and drug alongside a ‘fake Satoshi’ to the SEC. What a time to be alive.

Let’s dive into among the newest absurdity in crypto.

B-Grade Bitcoiner: A Fake Satoshi!?

Of course, we’ve coated hypothesis on ‘who is Satoshi’ for years now right here at Bitcoinist, however it’s been some time since we’ve had new developments or concerns on the subject. However, this week’s insanity doesn’t flip over new stones, however fairly simply provides context to current (and hilarious) ones.

Fox Business reporter Eleanor Terrett pushed a tweet out on Tuesday that recommended that the SEC was conscious of who Satoshi Nakamota is, with the load carried behind a supposed screenshot of 2017 SEC assembly entries with enterprise capitalist Tim Draper and one “Satoshi N.”:

🚨SCOOP: It would seem @SECGov and @TimDraper know who Satoshi Nakamoto is. Check out this entry from Wednesday, August twenty third 2017 @ 11:00AM…

More on this @LizClaman @FoxBusiness at 3:45PM @CGasparino pic.twitter.com/eEUJqJe8zV

— Eleanor Terrett (@EleanorTerrett) September 27, 2022

The tweet adopted an announcement from Terrett that she had a duplicate of all of former SEC director (turned Andreessen Horowitz accomplice) Bill Hinman’s calendar from his length of time spent on the SEC.

Bitcoin's (BTC) founder has been the center of a heated crypto-community debate because it's genesis. | Source: BTC-USD on TradingView.com

But Then…

Within a couple of hours, the facility of crypto Twitter got here to life and uncovered the fact of Terrett’s findings: it was only a faux Satoshi the entire time. Just two days after the supposed SEC assembly with Satoshi and Draper again in 2017, Draper posted this tweet:

I simply obtained focused by a Satoshi faux. He was very convincing, and wasted numerous my time. Could have been a lot worse. Watch out!

— Tim Draper (@TimDraper) August 25, 2017

If Draper actually attended an SEC assembly with a faux Nakamoto, it was actually a second for the crypto historical past books. Even if the assembly didn’t occur, it gives a little bit further glimmer of context to the wild 2017 story of Draper’s quick journey with the imposter. At the time, Draper was engaged on an ICO (this was in fact pre-2017/2018 ICO carnage) with the faux Satoshi, earlier than ultimately catching on and reducing them off. He went on to tell The Verge fairly merely, “he is a fake.” Draper later added that “he had me going for a bit, but his ‘proof’ didn’t check out.”

If there’s one factor that’s for sure, there’s few boring moments on this house.

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