Newsweek's first big cover story in its new print era, "The Face Behind Bitcoin," has a few problems. For starters, Dorian Satoshi Nakamoto, the man identified as the "face," denies having anything to do with the cryptocurrency. He told the Associated Press yesterday that Newsweek's reporter Leah McGrath Goodman misunderstood his less-than-perfect English, leading her to write that he was no longer involved in Bitcoin, when he only meant that he was no longer an engineer. ("I got nothing to do with it," he told the AP multiple times.) Newsweek editor Jim Impoco told Gawker yesterday that the mag stands by Goodman's story, but today, he's singing a slightly different tune.
In a post on the website, Newsweek editors write, "The facts as reported point toward Nakamoto’s role in the founding of Bitcoin." That sounds a little different than "We stand by the story." Facts may point toward a conclusion but not confirm one. The editors then "[encourage] fellow members of the press and the public at large to focus on analysis of the facts at hand rather than rush to assumptions or resort to emotion." Unfortunately, it's typically the job of the reporter and the outlet to fully analyze the facts at hand before going to print.