Bettors on Polymarket favor Nick Szabo in HBO crypto documentary investigation into Satoshi’s identity.
- HBO’s crypto documentary “Money Electric” claims to reveal Bitcoin creator Satoshi Nakamoto’s identity. Memecoins inspired by Len Sassaman have surged on various cryptocurrency networks.
A new HBO documentary, “Money Electric: The Bitcoin Mystery,” is all set to solve the long-standing mystery of who Satoshi Nakamoto, the creator of Bitcoin [BTC], really is.
Directed by the filmmaker known for revealing the identities behind QAnon, this documentary is expected to shed light on one of the biggest secrets of modern technology.
Many cryptocurrency fans and bettors on sites like Polymarket are now suggesting that Leonard “Len” Sassaman could be Nakamoto.
Premiering on the 8th of October, the documentary aims to reignite discussions about the theories surrounding Bitcoin’s creator circulating since its inception in 2009.
Polymarket odds shift
Nick Szabo has also emerged as the top candidate for Satoshi Nakamoto on Polymarket in HBO’s upcoming documentary.
Just a day ago, bettors assigned Szabo a 27.9% likelihood of being Satoshi, surpassing cryptographer Len Sassaman, who then stood at 14%, and Blockstream CEO Adam Back at 4.3%.
Source: Polymarket
For those unaware, Sassaman, was initially the frontrunner with odds as high as 68% shortly after the market opened on 4th October.
However, he saw a decline in support following producer Cullen Hoback’s remarks on CNN.
Sassaman is not Satoshi?
Hoback revealed he confronted someone he believes is the real Satoshi, effectively excluding Sassaman, who passed away in 2011.
“We make a strong case […] and I think their reaction is in some ways more telling than even the evidence itself.”
Adding to the uncertainty, Sassaman’s widow, Meredith L. Patterson, has publicly stated that her late husband is not Satoshi and noted that HBO did not reach out to her during the documentary’s production.
Patterson said,
“I kind of wonder whether I’m s******g with the prediction markets by answering honestly when people ask me questions, but long story short, f**k em.”
However, according to the latest updates from Polymarket, Nick Szabo was at 10.3% at press time, and Adam Back followed closely behind at 9.6%.
Surprisingly, despite the emerging reality, Len Sassaman still maintained the lead with 12% of the bet.
Source: Polymarket
Memecoin sector gains from the hype
Despite the ongoing drama surrounding the identity of Bitcoin’s creator, some traders have found opportunities to profit from themed tokens.
In recent days, memecoins inspired by cryptographer Len Sassaman—who many believe could be revealed as Satoshi Nakamoto in an upcoming HBO documentary—have begun to appear on the Solana [SOL], Ethereum [ETH], and BTC networks.
Opportunistic traders issued LEN tokens on these platforms, achieving market capitalizations of several million before subsequently losing some of those gains.
One LEN token, which claims to be the first issued on SOL, experienced a notable price increase last week, currently valued at over $1.6 million.
Additionally, SASHA tokens, named after Sassaman’s cat, have reached market capitalizations exceeding $5 million.
Source: Len Sassaman/X
Crypto enthusiasts have even reached out to Sassaman’s widow, Meredith L. Patterson, via X (formerly Twitter) for guidance on these memecoins, receiving a Solana address for token donations in return.
Source: Meredith L. Patterson/X
Interestingly, some traders have created tokens based on Sassaman’s pets, including his cat Sasha, while others suggest that another cat, ODIN, was Sassaman’s first.
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