After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC).
While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price manipulation in the Bitcoin market before its release.
In a recent post on X (formerly Twitter), market analyst OxNobler cautioned that while the focus may be on Nakamoto’s identity, the real issue lies in the potential “market manipulation” allegedly orchestrated by HBO’s parent company, Warner Bros.
HBO Prepares To Unveil Satoshi Nakamoto’s Identity
The identity of Satoshi Nakamoto has long puzzled the cryptocurrency community, with various theories emerging over the past decade.
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As recently reported by Bitcoinist, one prominent candidate is Len Sassaman, a developer known for his work on remailer technology, a precursor to Bitcoin.
Proponents of this theory point to several key facts, such as technical contributions, collaboration with Hal Finney, the first recipient of a BTC transaction, and a memorial to Sassaman encoded in the blockchain.
While many previously believed that Hal Finney was the man behind the Nakamoto pseudonym, new evidence has surfaced, prompting an ongoing re-examination of the mystery. However, OxNobler warns that the current media push to reveal Nakamoto’s identity may have another purpose.
Bitcoin Manipulation Linked To HBO’s Documentary?
The expert highlights the documentary’s release date, which coincides with key financial events, including the US Federal Reserve’s recent interest rate cut on September 18, the upcoming US elections and the confirmed $16 billion payout by FTX to creditors affected by its collapse in 2022.
These factors, combined with potential changes to China’s cryptocurrency regulations, suggest that the revelation of Nakamoto’s identity could have far-reaching implications beyond mere price fluctuations, according to OxNobler.
The expert emphasizes the involvement of large institutional investors such as asset managers BlackRock, Vanguard and Fidelity, major players in the Bitcoin exchange-traded fund (ETF) space and Warner Bros.
According to OxNobler’s analysis, these entities significantly impact the market, often initiating bull runs or selling off…
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