Bitcoin Creator Satoshi Nakamoto Receives $1.2M in BTC, Bewildering Crypto Enthusiasts

Jeremy Hogan, partner at law firm Hogan & Hogan, theorized that the transaction might be an attempt to reveal the identity of Bitcoin’s creator leveraging new U.S. tax rules. Taxpayers in the U.S need to report every crypto transaction over $10,000 to the Internal Revenue Service (IRS) starting this year.