New Evidence Suggests Satoshi Nakamoto Is Paul Solotshi, The Creator of Encryption Software E4M and TrueCrypt

Paul Solotshi Calder Le Roux, a 46-year old criminal mastermind, is the creator of encryption software E4M and TrueCrypt (the cryptography encryption software Satoshi Nakamoto likely used to lock up his 1 million BTC), and author of an uncannily similar manifesto to the one in Bitcoin’s whitepaper in 1998.

But that’s not all: Paul Solotshi Calder Le Roux employs similar spelling and language in his writing style to that of Satoshi. He’s interested in gambling (Bitcoin’s initial code had a poker client included), and what’s more, he’s been in jail since 2012 – that’s probably the reason why his 1 million Bitcoin hasn’t moved.

On top of that, the documents included in this article show a connection of Craig Wright to Paul Solotshi. Sound like a 007 movie?


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Let’s start from the beginning:

The identity of Satoshi Nakamoto, the pseudonymous and enigmatic creator of Bitcoin (BTC) is perhaps the most enduring mysteries of modern times. It’s long been speculated as to who he, she, or they are, but to no avail — the long-standing mystery remains.

There have been a number of theories and candidates as to who Nakamoto really is, some of whom are even self-nominated like Craig Wright, the man known as Faketoshi for his bold claims.

Wright has courted controversy by claiming to be the creator of Bitcoin, which has led to multiple lawsuits and court hearings. One such court case, Kleiman v. Wright, has surfaced new evidence (in the form of a Wikipedia page which was not redacted), which, oddly enough, points to a new Satoshi candidate… and it’s not Wright.

Who’s the New Satoshi Nakamoto Candidate?

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The newfound Satoshi candidate is Paul Solotshi Calder Le Roux, a 46-year old former cartel boss, drug smuggler, arms dealer, informant to the US Drug Enforcement Administration (DEA), and genius programmer.

As seen from Le Roux’s Wikipedia page, the man lived an eventful life with a career that included gold smuggling, precious metals mining, logging, land deals, drug and arms trafficking, money laundering, assassinations, encryption software development, and more.

Also stated on Le Roux’s Wikipedia page:

“Le Roux is currently in US custody for ordering the assassinations of six people.”

Some readers may already be familiar with Le Roux’s life story, as it was presented in a series on Atavist along with a book titled “The Mastermind.”

An excerpt summarizing the publications states:

“He was a brilliant programmer and a vicious cartel boss, who became a prized U.S. government asset.”


Paul in his early 20’s Image Source:

Apart from Le Roux’s life as a cartel boss, he was also a brilliant programmer who created E4M, an open-source free Windows disk encryption software program, in 1999. As well, he is also suspected to be the creator of the open-source TrueCrypt disk cryptography package, which is based on E4M’s code.

How did a man of this nature, with an extensive criminal background and some impressive programming contributions under his belt, come to be tied to Craig Wright’s court case and suspected to be Satoshi Nakamoto?

Let’s delve into the evidence.

The Kleiman v. Wright Lawsuit and Ties Pointing to Paul Le Roux

Self-proclaimed Satoshi Craig Wright is being sued by the Kleiman family on accusations that Wright defrauded and stole over $11 billion worth of BTC and hard drives from the now deceased Dave Kleiman, a noted computer forensics expert who’s suspected by some to be Satoshi Nakamoto.

Wright and Kleiman were business partners until Kleiman died in 2013.

The lawsuit that’s unfolding in Florida courts has been filled with bizarre theories, misdirections, forgeries, and mistruths which were often presented by the defendant, Dr. Wright.

Among the bizarre things brought forth by Wright is Document 187, “Dr. Craig Wright’s Motion For Protective Order.”

According to Wright, some of the evidence that supports he is Satoshi and that the $11 billion worth of bitcoins is his own, includes sensitive information about his ties to criminals and his involvement in their apprehension and incarceration.

Therefore, Document 187 has been redacted so that the criminals included in the document would not learn of Wright’s involvement with their arrests and seek repercussions against him.

However, unfortunately for Wright, whoever was redacting the document failed to to blackout one of the corresponding footnotes that identifies the criminal kingpin in question, Paul Le Roux.

Source: The unredacted footnote from document 187

As seen in the footnote above, a partial URL is visible that leads to a Daily Mail article that calls Le Roux a:

“Real-life Bond villain behind a cocaine and gun empire spanning four continents who’s now turned super-snitch”

Also, the unredacted footnote clearly contains a link to Paul Le Roux’s Wikipedia page, indicating that Le Roux may very well be one of the criminals that Wright is afraid of repercussions from.

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The Ultimate Theory That Paul Le Roux Is Satoshi Nakamoto and Craig Wright’s Role in All of It

With the public release of Document 187, it’s now being suggested that Paul Le Roux may be Satoshi Nakamoto – and that Wright is in possession of encrypted hard drives containing Le Roux’s stash of the famously stationary 1 million bitcoins.

But how does Craig Wright, Dave Kleiman, and Paul Le Roux all fit into this perplexing conspiracy theory?

Per Document 187 and the unredacted information about Le Roux, there is a strong assumption that Le Roux is the unnamed individual that Wright talks about in the document.

Therefore, information outlaid in the document combined with some theorization suggests that Wright was an employee of Le Roux, and also an informant who helped bring him down in 2012.

Following this presumed tail of events, one anonymous Redditor suggests that Wright and his long-time friend and business partner, Dave Kleiman, managed to get their hands on Le Roux’s encrypted hard drives that hold 1 million bitcoins.

However, unfortunately for Wright, all of Le Roux’s coins are locked away in secure TrueCrypt volumes (the cryptography encryption software suspected to be developed by Le Roux). Wright has spent years trying to crack these hard drives but with no success, which is why he has yet to prove he is Satoshi.

Adding to the conspiracy theory, Wright’s close friend, Calvin Ayre, has set up warehouses of computers to try and crack the encrypted hard drives code, disguising them as a cryptocurrency mining farm. Meaning his mining activity is simply a front to make these massive data centers look legitimate.

Therefore, according to this bewildering yet entirely possible theory, the reason Wright is setting himself up as “the real Satoshi,” is so when he finally cracks the encrypted hard drives and gains access to the 1 million bitcoins, he can attempt to legitimately sell them off.

The image above is from a document in the Kleiman v Wright case and presents claims from Wright, where he states that he’s in possession of Kleiman’s TrueCrypt files that contain his stored Bitcoin. According to Wright, it may be possible to crack the code within 5-10 years. All in all, it has been speculated that the TrueCrypt files Wright is in possession of are not Kleiman’s, but in fact Le Roux’s.

We understand that this is a lot to take in, and you probably still have doubts and many questions, which is completely understandable — this is a perplexing theory. But upon closer inspection, there are a lot of parallels between Paul Le Roux and what’s known about Satoshi Nakamoto.

Strong Parallels Between Satoshi Nakamoto and Paul Le Roux

Apart from the allegations of Wright’s association with Le Roux, there are numerous curious coincidences that support the case that the criminal mastermind Le Roux is Satoshi.

1. Paul Le Roux’s Alias is “Solotshi” Calder Le Roux

In one of the many passports Le Roux owned, he goes by the name “Solotshi”, which sounds extremely similar to Satoshi.

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2. Le Roux is a brilliant programmer and familiar with C++, and so is Satoshi.

Before Le Roux was known to be involved in an array of criminal endeavors, he was a brilliant programmer with an obsession for cryptography and privacy, much like Satoshi Nakamoto.

As previously mentioned, in 1997 he began working on E4M (Encryption for the Masses), which is software capable of encrypting entire disks, with an option for plausible deniability (denying the existence of an encrypted volume).

Moreover, Le Roux published a kind of manifesto that expresses ideals strikingly similar to those of Satoshi Nakamoto. As explained in Wikipedia:

“In the ‘Politics’ section of the E4M website, Le Roux published a kind of manifesto stating that governments are increasingly relying on electronic data gathering. Citing projects such as Echelon, linked to the five nation states which would become known as the ‘Five Eyes’ more than a decade later, he stated that encryption is the only way to preserve civil liberties.”

At the end of Le Roux’s manifesto, he states:

“Strong Encryption is the mechanism with which to combat these intrusions, preserve your rights, and guarantee your freedoms into the information age and beyond.”

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3. Le Roux is suspected to have developed TrueCrypt – the encryption software protecting Satoshi Nakamoto’s 1 million bitcoins

Satoshi Nakamoto’s 1 million bitcoins are allegedly locked away in secure TrueCrypt volumes, encryption software that’s based on E4M’s code. Le Roux is highly suspected to have been a part of a team of anonymous developers called the “TrueCrypt Team.”

This suspicion is compelling because some of Le Roux’s former colleagues believed he had worked on it, but they couldn’t find any corroborating evidence, so it still remains a mystery.

All in all, if anyone could have hidden wallets containing 1 million BTC, it would have been the creator of disk encryption software TrueCrypt.

4. Satoshi’s disappearance lines up with Le Roux’s new endeavors

Satoshi disappeared in early 2011 to “move on to other things.” Around the same time, Le Roux transitioned from his field of software development to cartel boss. During this time, he experienced disruptions with his illegal global pharmaceutical business, RX Limited, when the US government and the DEA restricted distribution.

As stated from Le Roux’s Wikipedia page:

“Around 2011 Le Roux began to disappear for long periods of time, with none of his employees knowing his whereabouts. As US authorities were closing in on him, Le Roux took up temporary residence in Rio de Janeiro and planned his move there.”

Le Roux’s disappearance and need to lie low coincides with Satoshi’s disappearance, indicating yet another strong parallel between the two.

5. A curious post from 2002 (7 years before Bitcoin was created), may have been written by Le Roux.

In a forum post from 2002, 7 years before Bitcoin was released, somebody posted something that sounds an awful lot like an early idea of Bitcoin:

It’s long been speculated that Satoshi himself wrote this post before actually creating Bitcoin, 7 years later. Even more interesting, the IP address of the author has supposedly been traced to the Netherlands – a country where Le Roux is known to have once lived.

More Parallels Suggesting Le Roux is Satoshi:

  • Both were wary of authority – Le Roux expressed this in his E4M manifesto, and Satoshi expressed this in his Bitcoin whitepaper.
  • Both had an interest in online gambling – Le Roux is known to have participated in online gambling activities, and Bitcoin’s initial code had a poker client included.
  • Both understood that a new digital payments system was needed to improve upon the difficulties of traditional payment systems. Le Roux dealt with clunky online payments in his online prescription drug market, and Satoshi expressed understanding of payments in the Bitcoin whitepaper.
  • Both used similar spelling and language – “analyse, colour, defence, bloody, hard.”
  • Le Roux was a multi-millionaire if not billionaire, and as such wouldn’t have needed to cash out his BTC once the price began rising.

Is Paul Solotshi Calder Le Roux Satoshi Nakamoto?

Despite all of the surface evidence that suggests Le Roux could be Satoshi Nakamoto, there are still reasons to believe this is not the case.

For example, in 2009 when Satoshi was refining Bitcoin, Le Roux was already establishing himself as a cartel boss, and is known to have been drug smuggling and gun running. How would Satoshi be able to do all of this while also starting a forum and answering noobs’ questions about Bitcoin?

Therefore, one could argue that Wright’s claim to an association with Le Roux are completely fabricated in an effort to show he was connected with the origins of Bitcoin.

After all, Wright doesn’t have the best reputation in the crypto space, and few, aside from Calvin Ayre, believe a word he says, including claims that he created Bitcoin and is Satoshi Nakamoto.

Therefore, everything Wright says must be rigorously fact-checked and treated with caution.

However, if Wright’s dubious connection with Le Roux is true, and “Solotshi” is, in fact, Satoshi, it would be one of the most incredible stories ever told, and Quentin Tarantino would already be jumping on the film rights.

What do you think about the Paul Le Roux and Satoshi Nakamoto connection? Let us know in the comment section below.

Jeremy Wall

Jeremy is a financial writer and aspiring investor. He is also a cryptocurrency enthusiast that’s fascinated with blockchain technology and the financial markets. When he’s not researching and learning about cryptocurrency, he’s traveling the world with his dog and girlfriend.

View Comments

  • Great article! Definitely a story worthy of a movie. I’m curios if “Solotshi” has written or communicated anything on Bitcoin from jail.

    It May not bode well if it he is the true Satoshi, just gives centralized powers more ammo to blast Bitcoin with... a criminal mastermind as the originator would be rife with I told you so.

  • Very interesting article.. thanks for collecting so much information on creator

  • "Paul Solotshi Calder Le Roux, a 46-year old criminal mastermind"
    So he is born in 1982 and that makes him 46 years old??! Right... Very credible rest of the article.

  • justice for Paul, why dont you show the whole picture instead that cropped one, many thinkg would be clearer !!! Paul is not a criminal !

  • Solotshi could be the real developer of BTC but it is very likely that he did this as an assignment for the government which was his client and employer. Now they do not need Solotshi anymore and so they blackmail him and make him a criminal. Do not forget the cover of the 'Economist Magazine' of 1988 -owned by the Rothshilds- announcing that we have to get ready for a new world currency, while a digital 'Bitcoin' is hanging around the neck of an Eagle with burning dollar bills under his feet, which means that a fenix is rising out of the ashes and a new start will begin. This immediately tells you blatantly that the banksters want a new world order were everybody can be monitored in a digital A.I. smart grid system. Than 'social' crediting' is a fact, like they already are doing in China.

    • Yep very good! And the biggest criminals are the governments and the banksters because they trade in arms for war and kill people to reach their goal and Solotshi could be very likely part of this game. This article is just a decoy to distract the sheeple who still believe in news and media deception. Do not be fooled!

    • Er, you don't understand bitcoin. Given the inevitability of developments like mimblewimble and those tested out on Grin I'd say that is definitely not true. I've been in Bitcoin for 4 years and have known for 4 years that BTC will end up totally fungible/private & many ppl are working to make that happen with lots of different strategies. It wouldn't make a very good tracking system with Zsnarks or any number of other privacy software implemented, and the govt can't do anything to stop the blockchain upgrading.

      So no, this is not some govt conspiracy. It's the govt's worst nightmare! And yes, BTC WILL be totally private or at least ofer users options to make it robustly so by end 2021/22.

      You can take your tin foil hat off now.

      • Eh, and you don't understand the tax and regulatory system. Absence of records and obscured transactions benefits THEM not you. It allows them to make assumptions about that are not in your favour. Guilty until proven innocent is how tax systems work, so once all this gets properly regulated there will be a clamour for transparency not obfuscation.

        That was all by design.

        • Doesn't matter what "they" want. The genie is out of the bottle. Now that other brilliant minds around the world have opened up to the possibilities, it is not what "they" want now, it is what the brilliant minds of the world want. Decentralization has that great advantage where it cannot be controlled.

  • He owned many passports containing false information so the date of birth you see in the picture does not mean anything.

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