In a dramatic twist just hours before the highly anticipated HBO documentary Money Electric: The Bitcoin Mystery premiered, former Bitcoin developer Peter Todd has firmly denied claims that he is the mysterious creator of Bitcoin, Satoshi Nakamoto. As rumors swirled following leaked clips from the documentary, Todd quickly set the record straight, calling the allegations “ludicrous.”

HBO’s Big Reveal Falls Flat

The leaked footage circulating on social media hinted that Todd, a key figure in the early days of Bitcoin development, might be unveiled as Satoshi Nakamoto. But Todd wasted no time in dismissing these claims. Speaking to CoinDesk on Tuesday, he described the theory as nothing more than wild speculation. “Of course, I’m not Satoshi,” Todd said, adding that filmmaker Cullen Hoback, known for his work unmasking the person behind QAnon, was “grasping at straws” with this latest identification attempt.

A Conspiracy Theory in the Making?

Hoback, who gained fame for his deep dive into conspiracy theories with his QAnon documentary, seems to be following a similar playbook with this Bitcoin-focused film. Todd didn’t hold back in his critique, comparing the filmmaker’s approach to the same “coincidence-based conspiracy thinking” seen in QAnon. Despite acknowledging that the interview footage in question is real, Todd firmly rejected the idea that he could be the face behind the pseudonym that revolutionized finance.

Polymarket Bets Favor “Other/Multiple” as Satoshi

Interestingly, as the documentary premiere approached, Polymarket, a popular betting platform, had Todd listed under “Other/Multiple” on its odds for who would be revealed as Satoshi. Earlier contenders like cypherpunk Len Sassaman and computer programmer Nick Szabo had led the speculative race. But with Todd now caught up in the whirlwind of speculation, the odds have shifted once again. Even without the documentary having aired, most bettors still favored the idea that no single person would emerge as the true Satoshi.

The Mystery Continues

As Todd’s denial spread, it became clear that Money Electric: The Bitcoin Mystery would likely leave viewers with more questions than answers. The identity of Satoshi Nakamoto remains one of the greatest mysteries in modern finance, and while Todd is the latest figure to be caught in the crosshairs, the truth may continue to elude us.

For now, Peter Todd remains resolute in his denial, shrugging off the allegations as nothing more than a “ludicrous” theory. And as the world tunes into HBO’s documentary, one thing is certain: the hunt for Satoshi is far from over.

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