Newsweek ‘victim’ raising money to sue magazine

Written By Unknown on Rabu, 15 Oktober 2014 | 17.08

Dorian Nakamoto, the man who claims he was wrongly identified by Newsweek as the founder of bitcoin, has created a Web site to try to crowd-source funds to sue the magazine.

The web site, Newsweeklied.com, has started the Dorian Nakamoto Legal Defense Fund.

"I did not create, invent or otherwise work on Bitcoin," he said days after the article appeared in March. "I unconditionally deny the Newsweek report."

The story, which appeared in the issue that marked the weekly's return to print after an 18-month stretch as a digital-only publication, created a media frenzy as reporters flocked to Nakamoto's California home.

The writer, Leah McGrath Goodman, and Newsweek's Editor-in-Chief Jim Impoco, were front and center in defending the story — which strongly suggested that Nakamoto was the man.

The two, not surprisingly, declined to comment on Tuesday with the threat of a lawsuit looming.

The originator of the bitcoin protocol and software has always been identified as Sotashi Nakamoto — but it was never clear if it was a real person or a pseudonym for a group.

In her article, McGrath Goodman wrote that she learned that Dorian's name at birth was Prentice Sotashi Nakamoto. When she showed up unannounced to question him in his driveway in San Gabriel, Calif., she quotes him as saying, "I am no longer involved in that and I cannot discuss it. It's been turned over to other people. They are in charge of it now. I no longer have any connection."

He subsequently claimed to have been misquoted. The Defense Fund is accepting contributions via credit or debit card — or bitcoin.


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