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As GQ Australia’s Stuart McGurk summarized O’Hagan’s findings, nCrypt had agreed to “buy up [Wright’s] companies and settle his debts,” including huge debts to the Australian Taxation Office. “In return, [Wright would] work on patents linked to the underlying blockchain technology behind bitcoin. And [Wright] would publicly out himself as Satoshi. The package, [nCrypt] felt, was worth billions. They planned to sell it to Google.”

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