Kraken, one of the world’s leading cryptocurrency exchanges, has played a significant role in shaping the digital asset industry.

Moreover, with billions in daily trading volume and a reputation for regulatory compliance, the platform holds a wealth of historical transaction data. Meanwhile, Satoshi Nakamoto, the elusive creator of Bitcoin, remains one of the biggest mysteries in crypto history. 

Estimates suggest Nakamoto controls approximately 1.096 million BTC, worth over $108 billion, making them wealthier on paper than Bill Gates. However, despite owning such a massive fortune, these coins have remained untouched for years, fueling speculation about Nakamoto’s identity and potential reasons for their silence.

Could Kraken Hold the Key to Satoshi’s Identity?

Coinbase director Conor Grogan recently uncovered new findings that could bring the world closer to solving the mystery of Nakamoto.

According to Grogan’s research, there have been 24 recorded transfer transactions from addresses linked to Satoshi, with the most common destination being the now-defunct Canadian exchange CaVirtEx. Since Kraken acquired CaVirtEx in 2016, it may possess crucial records that could reveal Nakamoto’s identity.

Grogan suggested that Satoshi’s last known on-chain activity might date back to 2014, potentially indicating their final interaction with the Bitcoin network. This discovery raises questions about whether Kraken’s database holds user verification details or transaction histories that could trace Nakamoto’s footprint.

If Kraken indeed holds these records, it could be sitting on information capable of confirming or disproving long-standing theories about Nakamoto’s identity. One recurring candidate in these discussions is Len Sassaman, a cryptographer and privacy advocate.

Is Lan Sassasman Really Satoshi

A recent Cybertecwiz report revisited this theory, highlighting how Sassaman’s expertise in decentralized systems, combined with his ties to early Bitcoin developers, makes him a strong contender. His sudden passing in 2011 aligns with the period when Nakamoto stopped communicating, further fueling speculation.

WuBlockchain shared Grogan’s findings on X, sparking widespread discussion. Crypto analyst @memeosAI commented, “Satoshi’s stash is like a ghost story for crypto nerds—always lurking, never spending. 1.096M BTC? That’s like having the ultimate meme bank. Imagine the chaos if they ever move!”

The crypto community remains divided on whether Nakamoto’s identity should ever be revealed, with some fearing it could disrupt Bitcoin’s decentralization. If Kraken does hold evidence, it could trigger one of the most groundbreaking revelations in Bitcoin’s history.