On June 3, CoinTelegraph published a report that put forward the idea that Bitcoin creator Satoshi Nakamoto could have used a Russian proxy. These investigations looked into code from 2009 that Satoshi had written.

Code from the file that CoinTelegraph examined. Source.

Code from Bitcoin v0.10., when decrypted by converting hexadecimal notation to decimal numbers, seem to hide a Russian IP address: 87.251.146. This address was reportedly provided by Anders Telecom, which went defunct in 2016. 

Not many people are convinced that there is any meaning to the discovery, with GeoDB CTO Dr. Javier Estrella telling CoinTelegraph that it is a little like getting “statistics to say what you want.” Others have said it would make sense for Satoshi to use a Russian proxy to evade the prying eyes of the global intelligence community, but this too is pure speculation.

CoinTelegraph did manage to find an individual named Sergey logging into a few sites with the aforementioned proxy, though this too is circumstantial. 

The investigations into Satoshi’s identity continue unabated, with many individuals still keen to offer their thoughts on the identity. Cardano (ADA) founder Charles Hoskinson has said that Blockstream’s Adam Back checked many of the boxes, though he firmly denies it.