Who Is Satoshi Nakamoto? Man Claims To Be Bitcoin Co-Founder, Owns 250,000 BTC

Satoshi Nakamoto's real identity is shrouded in mystery, and anyone who dares to claim that they're the Bitcoin (BTC) inventor will surely attract attention from the crypto community -- or perhaps even backlash.

Jörg Molt is one of those that drew adverse reactions from Bitcoin observers. Last year, Molt was introduced as the co-founder of the popular digital currency when he spoke to an auditorium filled with students at the Symbiosis Institute of Management Studies, a university in Pune, India.

Apart from associating his name with Bitcoin, Molt also claimed to own 250,000 BTCs, a staggering amount of digital tokens that would boost him to billionaire status with the crypto's current market value.

However, these bold claims of the self-proclaimed "co-founder" are met with harsh criticism over social media, particularly Twitter. Block Tower Chief Information Officer Air Paul commented on the December 2018 tweet of SIMS, Pune with, "Ouch. You guys hosted a scammer."

Kenneth Bosak took it a step further by tweeting a video of him confronting Molt of being a scammer.

Bitcoin advocate and author of The Internet of Money Andreas Antonopoulos also used Twitter to deny any association that Molt claimed to have with him.

"Apparently, a German person called 'Jorg Molt' has been showing a selfie taken with me and telling people that we are friends. This is a LIE. I don't know him at all. I have heard from others that he claims to be the founder of Bitcoin and has thousands of BTC. A LIE."

Who is Jörg Molt?
According to some sources, Molt was born on December 7, 1972, and studied in the German Military (Bundeswehr) but got fired in 1995 and then worked as an office assistant until 2004.

He also studied private music and events management. The same source pointed out that he never studied coding or programming.

In an interview with Steven Melnik, Molt mentioned that he used to work as a DJ in Germany. Molt's music career led him to become part of the music trio called "Trio Gnadenlos."

But in 2016, he started advocating for crypto. He co-founded Satoshi School, a school that claims to be "the only school in the world that teaches exclusively about BitCoin and BitCoin blockchain technology," and Molt is listed as a trainer.