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I'm seriously curious about Craig Wright as a character and his mentality.

At one point I did some digging and found his early pre-2015 blog. As you can see here, he described himself as a "GSE-Compliance and GSE-Malware" [0]. You can also see he was working on his PhD research project in a university, and also doing some system administration at the university's HPC center [1][2]. Scrolling through the blog, the published articles included Windows commandline, Process Explorer, how shellcode works, etc. There are all basic things, not some extraordinarily creative or original works.

Thus, he was basically a regular IT security DevOps with a business, and also studies in an university for some regular research projects. I can easily imagine that the things he did was what an average user of Hacker News does.

So, what really happened in the meanwhile? What made him to metamorphose from a regular security geek into a persistent scammer who claims he's Satoshi Nakamoto? I think this is the real question to ask. There must have been some external forces come into play that made him do that.

A rumor I've heard is that Wright's business was running into debt, so somehow he made a deal with Calvin Ayre. Calvin Ayre became his financial backer, and as the condition of this transaction, Craig Wright must claim he is Satoshi Nakamoto and acts as if it's real. This is probably what happened.

[0] https://web.archive.org/web/20111123102230/http://gse-compli...

[1] https://web.archive.org/web/20151123012430/http://gse-compli...

[2] https://web.archive.org/web/20150121024725/http://gse-compli...



> So, what really happened in the meanwhile? What made him to metamorphose from a regular security geek into a persistent scammer who claims he's Satoshi Nakamoto? I think this is the real question to ask. There must have been some external forces come into play that made him do that.

Wright's been a low grade crook for a long time. He was sentenced to 30 days in prison in 2004 for contempt after he forged documents to try to escape some non-compete he violated.

The proximal cause of his Satoshi related cosplay is a massive tax fraud. AU has a refundable tax credit for qualifying R&D where they'll pay out around 30% of the money you spent on research.

Wright spun up a bunch of companies that did nothing but claim these credits-- with an intention of claiming around 65 million dollars worth. AU paid out the first round but the next year audited him. Their first question to cut through his obfuscation was "Where did the millions you claim to have spent on research come from?". Bitcoin had just become a big thing in the news and Wright started claiming to be an early miner, pointed to coins from a bitcoin rich list and said they were his, and claimed to have received loans secured by those coins to pay for the research. [There is also a whole separate branch of fraudulent sales tax rebates that he applied for when the R&D credits started souring on him-- but most of the docs on that haven't been made public yet]

Wright created a huge number of forgeries to support his claims and kept expanding the scope until he was claiming to be Satoshi, but the AU tax office wasn't fooled, ruled against him, and demanded he return the money he took.

He'd already spent much of the money, so he basically just took the faked documents that the tax office was too smart to fall for and sought out other suckers to fall for them. Effectively the classic Nigerian prince scam, offering people a share of his fortune if they could just help him overcome his short term cashflow problems.

There is some indication that he'd been engaging in this R&D credit fraud for up to a decade before the enormous applications that got him caught-- he's recently published R&D credit applications for fake projects (basically just applying for R&D funding for concepts he saw posted on tech mailing lists) going back to 2002-ish. So either these applications are recent forgeries or he's been funding himself through fraud for at least the last 20 years.

The relatively uncertainty about the earlier possible fraud there is that for the big 2013+ tax fraud much of the tax office documentation has been made public as a result of a civil lawsuit against Wright, so for that we can be pretty sure what happened... but for things other than that we just have Wright's statements to go on, and Wright is a fantasist and pathological liar that constantly makes stuff up even when its not to any advantage to him.




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