Lawyer files $50 million lawsuit to uncover Bitcoin creator

Crypto attorney James Murphy has filed a Freedom of Information Act (FOIA) lawsuit against the U.S. Department of Homeland Security (DHS), seeking documents that may reveal the identity of Bitcoin’s (CRYPTO:BTC) pseudonymous creator, Satoshi Nakamoto.

Murphy’s legal action is based on claims made by DHS Special Agent Rana Saoud during a 2019 conference, where she stated that DHS agents interviewed four individuals allegedly involved in Bitcoin’s creation.

“If the interview really happened as the DHS Agent claimed, there should be documentation of the substance of that meeting,” Murphy stated, who goes by MetaLawMan on social media, explaining the rationale behind his lawsuit.

He added that he would pursue the case to its conclusion if DHS resists disclosure.

The FOIA lawsuit demands access to notes, emails, and other records related to the alleged meeting.

Saoud had claimed that DHS agents traveled to California and discovered Bitcoin’s creation was a collaborative effort involving four individuals.

The agents reportedly sought to understand their motives and the long-term vision for Bitcoin.

Murphy acknowledged the possibility that Saoud and her colleagues may have been mistaken and did not meet the actual Satoshi Nakamoto.

However, he emphasised the importance of transparency, arguing that withholding such information from the public contradicts principles of accountability.

The identity of Satoshi Nakamoto has remained one of the crypto industry’s enduring mysteries since Bitcoin’s inception in 2009.

Despite numerous attempts to uncover Nakamoto’s identity, including claims involving figures like Craig Wright and Hal Finney, no definitive evidence has emerged.

Murphy’s case comes amid growing interest in Bitcoin adoption and regulation in the U.S., including President Trump’s recent executive order establishing a Strategic Bitcoin Reserve.

Murphy believes resolving this mystery could enhance trust in Bitcoin and further its adoption globally.

The DHS has not yet responded to Murphy’s lawsuit or provided any comment on Saoud’s claims.

At the time of reporting, the Bitcoin (BTC) price was $79,819.04.