Jeff Chiu / AP

Earlier this week, Craig Wright, an Australian technology entrepreneur, told the BBC and other media that he was Satoshi Nakamoto, the mysterious creator of bitcoin, the virtual currency. On Thursday, Wright reneged on a pledge to move bitcoins from an early address block, something that only its creator is believed to be capable of.

Here’s his admission on his website:

Last December, Australian Federal Police raided Wright’s home after Wired and Gizmodo both named him as one of the people behind Nakamoto. But there was almost immediate skepticism this week when Wright claimed that he was indeed the creator of bitcoin. For now at least, one of the last mysteries of the Internet will endure.

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