Why Satoshi's BTC Will Never Move: Fred Krueger Explains Most Logical Theory About Bitcoin's Creator

Why Satoshi's BTC Will Never Move: Fred Krueger Explains Most Logical Theory About Bitcoin's Creator

Source: UToday

Published:2026-05-08 11:57

BTC Price:$80244.8

#BTC #SatoshiNakamoto #BitcoinNews

Analysis

Price Impact

Low

The article discusses a theory about the identity of satoshi nakamoto and the immutability of his btc holdings. while interesting from a historical and theoretical perspective, it does not introduce new fundamental changes to bitcoin's technology or market dynamics, hence the low impact.

Trustworthiness

Med

Price Direction

Neutral

The theory suggests satoshi's bitcoin will never move, which could be seen as reducing the 'fear' of a massive sell-off from the creator. however, this is already largely priced into market expectations, and the theory does not provide any new catalysts for immediate price appreciation or depreciation.

Time Effect

Long

The implications of satoshi's coins never moving are a long-term factor for bitcoin's scarcity and supply dynamics. the theory's relevance extends as long as the mystery of satoshi and his holdings remains unsolved.

Original Article:

Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Renowned financial and crypto speaker Fred Krueger published a detailed breakdown that, at least for him, puts an end to the long-running search for the Bitcoin creator known as Satoshi Nakamoto. According to Krueger, the pseudonym did not belong to one person, but to a duo of legendary cypherpunks - Hal Finney and Len Sassaman. Advertisement Krueger highlights three key factors that make this hypothesis the most logical, and surprisingly the first is Hal Finney's ironclad alibi as a marathon runner. An analysis of correspondence logs from 2009 showed that Satoshi was sending emails to Mike Hearn at the exact time Hal Finney was running a 10-mile race. One person cannot be in two places at once, but a team can, Krueger argues. HOT Stories Major Outage Halts Trading on Coinbase Toncoin (TON) Price Rally Might End at $3, Ethereum (ETH) Becomes Falling Star, Bitcoin (BTC) First $82,000 Attempt in 380 Days: Crypto Market Review You Might Also Like Fri, 05/08/2026 - 00:01 Toncoin (TON) Price Rally Might End at $3, Ethereum (ETH) Becomes Falling Star, Bitcoin (BTC) First $82,000 Attempt in 380 Days: Crypto Market Review By Arman Shirinyan Advertisement In addition, if Finney was the "hands" and the C++ genius behind the operation, then Sassaman was a world-class cryptography expert. This explains why the Bitcoin whitepaper was written in an academic style with a "British accent" many attribute to Satoshi, considering that Sassaman lived in Belgium for a long time, while the Bitcoin code itself was a purely engineering product. The final argument for Krueger is the synchronicity of the disappearance, a "chilling coincidence": Satoshi stopped communicating on April 26, 2011. Just 68 days later, Len Sassaman died by suicide. During the same period, Hal Finney was already losing the ability to type because of the progression of ALS. 1.1 million BTC verdict Krueger's main conclusion is disappointing for those still waiting for the creator's wallets to awaken - Satoshi's bitcoins will never move. At the time of Len's death and Hal's paralysis, their holdings were worth "only" $800,000. Advertisement Satoshi's Bitcoin holdings estimations based on Patoshi patter, Source: Arkham According to the analyst's theory, the keys went to the grave with the authors, turning the 1.1 million BTC stash into the largest "burned" supply of Bitcoin in history, considering that the stack is now worth $87.8 billion. In this context, what matters is not who Satoshi was, but that the risk of a sudden Bitcoin price collapse caused by the creator may have dropped to zero. #Bitcoin #Fred Krueger #Bitcoin News