Recently, an anonymous user sent 26 Bitcoins to the pseudonymous creator of Bitcoin, Satoshi Nakamoto’s wallet, sparking predictions about the purpose behind transferring over a million dollars in digital assets.

With Bitcoin’s current price being $44,239, this is the equivalent of $1.15 million USD.

Satoshi Nakamoto Holds the Original Bitcoin Wallet

According to data from blockchain.com, the transaction occurred on January 6. It was sent to the first wallet ever created on the Bitcoin network.

However, United States lawyer Jeremy Hogan predicted on X (formerly Twitter), that the move was in an effort for Satoshi Nakamoto be forced to reveal his identity.

The recently implemented regulations by the Internal Revenue Services (IRS) in the United States mandate the reporting of any crypto transaction exceeding $10,000. This

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Author: Ciaran Lyons

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